Paradex restores the Starknet chain after detecting technical failures

2026-01-30 16:13:43

Abstract generation in progress

Decentralized derivatives exchange Paradex operating within the Starknet ecosystem has announced the need to restore network state due to detected technical issues. According to Odaily, the development team has identified the root cause of the problems and is beginning to implement a plan to restore the platform’s normal operation.

Problem Identification and Checkpoint Selection

Paradex has determined that the last stable state of the chain corresponds to block number 1604710, marked at 04:27:54 UTC. This state was recorded before the scheduled database maintenance and has passed all necessary safety checks as fully secure. The system will be rolled back to this point to eliminate accumulated errors.

Chain Restoration Process and User Data Protection

After the rollback operation is completed, all customer accounts will be restored to the state existing at the start of the maintenance. The platform guarantees complete recovery of balance data, positions, and transaction history for each user. This approach ensures data integrity and prevents asset loss on the Starknet chain, highlighting Paradex’s commitment to customer security.

Future of DEX on Starknet

This situation demonstrates the importance of reliable recovery mechanisms in decentralized applications. Successful chain restoration will allow the platform to continue normal operation and will confirm the stability of the Starknet ecosystem for traders and investors seeking secure conditions for derivatives trading.

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