Paradex: The protocol will perform a chain rollback, and user accounts will be restored to the state before database maintenance

Paradex announced on its maintenance page that it has identified the issue and will roll back the chain state to block 1604710 (UTC time 04:27:54). This is the state prior to the database maintenance and is the last known correct state. All accounts will be restored to the state before the database maintenance.

According to previous news from ChainCatcher, Starknet ecosystem Perp DEX Paradex announced a temporary maintenance, and although the expected maintenance completion time has passed, the protocol is still not online. According to community feedback, some users experienced forced liquidation of their perpetual contract trades on Paradex due to abnormally high funding rates.