Paradex Halts All Services for Database Maintenance and Chain State Recovery

Paradex, a prominent decentralized trading platform, has suspended all operations to execute critical database maintenance and system recovery procedures. Starting from mid-January, the platform went offline across all service components, marking a significant temporary disruption to user access.

Multi-Service Suspension Amid Database Maintenance

The outage affects every major service layer of the platform, including Cloud and API infrastructure, the user interface (UI), blockchain operations, cross-chain bridge functionality, block exploration tools, and RPC proxy services. This comprehensive service halt reflects the interconnected nature of modern DeFi platforms, where a single critical issue cascades across multiple operational layers. The root cause was identified through the platform’s official status monitoring system, prompting immediate action to prevent further complications.

Restoring System Integrity Through Chain State Rollback

To resolve the issue, Paradex is executing a controlled chain state rollback to block height 1604710, which was recorded at 04:27:54 UTC—the last confirmed stable checkpoint before the database maintenance cycle began. This technical measure ensures that all user accounts return to their pre-maintenance state, preserving account balances and transaction history. The rollback strategy demonstrates a systematic approach to recovering from the disruption while maintaining data integrity.

According to the official status page, the incident remains under active investigation and remediation efforts are ongoing. Once the technical team completes the rollback procedure and validates system stability, normal service resumption is expected to follow. Users are advised to monitor official channels for updates on the recovery timeline and service restoration status.