Crypto derivatives exchange Paradex reports outage, cancels open orders

The decentralized perpetuals exchange said multiple core services were affected as it worked through a rollback and recovery process.

Crypto derivatives exchange Paradex reported a platform-wide service outage on Monday, leaving its trading interface and supporting infrastructure unavailable as the team investigates the issue. 

According to its public status page, the disruption affected multiple business services, including its user interface, cloud and API services, blockchain components, bridge, block explorer and remote procedure call proxy. 

Paradex said was working through a rollback and recovery process, but did not provide a cause for the outage or a timeline for full restoration. 

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