Paradex has confirmed that user funds remained secure during a brief platform outage earlier this week. The disruption, which lasted several hours, was resolved without impacting user balances or asset security. Paradex maintained clear communication through its Discord channel, providing regular updates and support to users.
Following the incident, Paradex experienced increased media attention, with some reports lacking technical accuracy. Despite this, the platform's metrics have rebounded, with trading volume surpassing $1.5 billion and key indicators like Total Value Locked and Open Interest returning to pre-incident levels. Paradex continues to emphasize the importance of accurate reporting in the fast-paced crypto industry.
Paradex Ensures User Funds Secure Amid Outage, Trading Volume Hits $1.5B
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