Paradex, a perpetual DEX: Platform and vault withdrawal functions have been reactivated.

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According to Mars Finance, the Paradex team stated that on January 19th, the technical team identified the problem and rolled back the blockchain state to block 1604710 (04:27:54 UTC). All accounts will be restored to their state before the database maintenance. The technical team will continue the rollback operation and will provide further updates via official Twitter and Discord. As part of the post-incident recovery process, withdrawals from the platform and vault have been reactivated. Deposits and withdrawals from Gigavault will be temporarily suspended for 24 hours to complete the status verification process; all assets are currently safe.

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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