Paradex Suffers Major Outage, Trading Services Go Offline

[johnblockbuster]

Crypto derivatives platform Paradex reported a platform-wide outage on Monday that disrupted nearly all of its core services. According to its public status page, the incident affected the trading interface, APIs, cloud infrastructure, blockchain components, bridge services, block explorer and RPC proxy, leaving users unable to interact with the exchange.

Paradex said it was working through a rollback and recovery process but did not disclose the cause of the failure or provide a timeline for restoration. As part of the response, the exchange announced it would force-cancel all open orders except take-profit and stop-loss (TPSL) orders while the investigation continues.

[kevin1]

ppl asking for updates on x while being told “check the status page” is classic