Wu learned that the Starknet ecosystem's perpetual contract DEX, Paradex, experienced a system-level outage at 18:52, affecting core services such as blockchain, cross-chain bridges, and RPC. It is currently in cancell-only mode for recovery. Due to a database migration error, the price of Bitcoin on Paradex briefly displayed as 0, triggering a large-scale liquidation. Paradex resumed trading after approximately 8 hours of downtime. The team rolled back the chain state to the block before the failure, forcibly canceling all orders except for stop-loss and take-profit orders, and stated that user funds were unaffected.