Futures
Hundreds of contracts settled in USDT or BTC
TradFi
Gold
Trade global traditional assets with USDT in one place
Options
Hot
Trade European-style vanilla options
Unified Account
Maximize your capital efficiency
Demo Trading
Futures Kickoff
Get prepared for your futures trading
Futures Events
Participate in events to win generous rewards
Demo Trading
Use virtual funds to experience risk-free trading
Launch
CandyDrop
Collect candies to earn airdrops
Launchpool
Quick staking, earn potential new tokens
HODLer Airdrop
Hold GT and get massive airdrops for free
Launchpad
Be early to the next big token project
Alpha Points
Trade on-chain assets and enjoy airdrop rewards!
Futures Points
Earn futures points and claim airdrop rewards
Investment
Simple Earn
Earn interests with idle tokens
Auto-Invest
Auto-invest on a regular basis
Dual Investment
Buy low and sell high to take profits from price fluctuations
Soft Staking
Earn rewards with flexible staking
Crypto Loan
0 Fees
Pledge one crypto to borrow another
Lending Center
One-stop lending hub
VIP Wealth Hub
Customized wealth management empowers your assets growth
Private Wealth Management
Customized asset management to grow your digital assets
Quant Fund
Top asset management team helps you profit without hassle
Staking
Stake cryptos to earn in PoS products
Smart Leverage
New
No forced liquidation before maturity, worry-free leveraged gains
GUSD Minting
Use USDT/USDC to mint GUSD for treasury-level yields
The Paradex platform resumes its services after database maintenance.
Paradex, the decentralized trading platform, announced a total outage that affected all its services last January. According to official data, the platform was completely shut down, impacting various technical and service departments.
Services Affected by the Outage
The outage affected all major Paradex services, with Cloud and API services fully halted. The user interface (UI), blockchain services, bridges, explorers, and the RPC proxy also stopped working. As a result, users were unable to access any of the platform’s services.
System Recovery by Resetting the Chain State
After diagnosing the cause of the outage, the Paradex technical team decided to restore the system by resetting the blockchain to block height 1,604,710, which corresponds to the timestamp 04:27:54 UTC. This step represents the last stable and safe state of the system before maintenance began. With this strategy, all user accounts will revert to their state prior to the database maintenance, ensuring no critical information is lost.
Ongoing Technical Monitoring
The comprehensive recovery process remains under continuous monitoring and inspection by the platform’s technical team. Through this precise approach, Paradex aims to fully restore user trust and ensure future service stability.