ChainCatcher reports that Paradex announced on its maintenance page that it has identified the issue and will roll back the chain state to block 1604710 (UTC time 04:27:54). This is the state before database maintenance and is currently the last known correct state. All accounts will be restored to the state before database maintenance.
ChainCatcher previously reported that 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.