According to CoinWorld.com on January 19th, the Starknet ecosystem's Perp DEX, Paradex, announced temporary maintenance. The maintenance is now past its expected completion time, but the protocol is still not live. Community feedback indicates that some users' perpetual contract trades on Paradex have been forcibly liquidated due to abnormally high funding rates. Public information shows that Paradex is a decentralized perpetual derivatives Layer 2 application chain that combines the liquidity of the crypto institutional liquidity platform Paradigm with the transparency and self-custody of DeFi. It will operate as its own chain based on the Starknet developer stack and is the result of a six-month collaboration between StarkWare and Paradigm.