Paradex Official Note: Short system interruptions have been fully addressed and user funds remain secure

Paradex has confirmed that there was a brief break in the platform earlier this weekNo impact on the security of any user funds or assetsI don't know。

The incident occurred during the repair of the internal system in the platform ' s deployment and lasted for several hours and is currently under wayFull repair and normal operationI don't know。

The Platform emphasizes that throughout the process:

• No impact on user balances

• All assets remain secure

• No financial loss, unusual transfer or account risk

Following the identification of the problem, the Paradex team launched the emergency response process at the first opportunity, continuing to synchronize information with communities and ensuring transparent communication while advancing the restoration work。

Harmonization of information dissemination mechanisms to ensure clear and transparent communication

Paradex will be available during system maintenanceDiscord as the only official channel for informationTo avoid fragmentation and unverified dissemination of information。

Through this channel, users are continuously receiving:

• Update on the status of trouble surveys and disposal

• Technical repair status statement

• Clear guidance on the recovery time of the platform

At the same time, team members remain online, respond directly to user concerns and support the verification of personal accounts or an issue statement to ensure that user interests are not affected。

Observations and notes on selected media reports

Paradex noted that, in the aftermath of the incident, there was a rapid and large number of related reports in the market, including media outlets that had not previously followed or reported on Paradex on a sustained basis。

Several articles are highly similar to narratives, prompting correctnessMagnifying or synchronized dissemination of informationReasonable questions, not reports based on independent technical investigations。

In addition, some of the issues are as follows:

• Insufficient technical details

• There is a discrepancy between the individual facts

• Reports were released before the official investigation was completed

The content was then further spread on social platforms, which magnified the impact of events beyond actual technical issues。

Paradex notes that similar cases are not uncommon in the encryption industry. Even mature platforms may be misread or overread during technological upgrading or system maintenance, reflecting the complexity of the decentralised trading infrastructure itself。

Full recovery and sustained growth of the platform ' s operating data

Since the complete recovery of the system, Paradex ' s core operating indicators have been fully stabilized and show a continuing upward trend:

• Accumulated Platform transactions exceeded$1.5 billion

• TVL (TOTAL LOCK VOLUME) AND UNSETTLED CONTRACT SIZE HAS RETURNED TO PRE-INCIDENT LEVELS AND CONTINUES TO GROW

• The second quarter is now in its last two weeks, the XP plus mechanism remains open and user participation remains stable

The data show that users maintain a high level of trust in Paradex ' s technical capabilities and platform stability。

Paradex's Position

Paradex states that in the fast-growing encryption industry, it is normal to receive external attention and scrutiny, butAccuracy, professionalism and objectivityIt is also vital。

The team remains ready to provide the media and the community with the necessary data and technical background to support a rational, fact-based discussion。

About Paradex

Paradex is a focusHigh performance, transparency and user priority experienceIt's a centralised trading platform for global encrypted traders。