BlockBeats reported on January 19th that Paradex announced on its maintenance page that it had identified the issue and would roll back the chain state to block 1604710 (UTC time 04:27:54). This was the state before the database maintenance and is currently the last known correct state. All accounts will be restored to the state before the database maintenance.
Previously, Starknet's ecosystem Perp DEX, Paradex, announced temporary maintenance. The expected completion time has passed, but the protocol is still not live. According to community feedback, some users' perpetual contract trades on Paradex were forcibly liquidated due to abnormally high funding rates.