Paradex has resumed normal operation

As of 20:13 UTC on Jan. 19, Paradex’s blockchain state has been fully restored and is operational, per the platform’s official status update. Earlier that day, Paradex suffered a system outage stemming from database maintenance and migration issues—an incident that included abnormal BTC price crashes and widespread forced liquidations. A subsequent official announcement confirmed the blockchain would be rolled back to block 1604710 (restoring pre-outage conditions around 04:27 UTC), with all user accounts reset to their state prior to the maintenance work.