Traders Seek Safer Perp DEX Infrastructure After Paradex And dYdX Volatility

The perpetual DEX space spent 2025 relearning an expensive lesson: decentralization claims mean nothing if your infrastructure fails when traders need it most. In October 2025, dYdX experienced an eight-hour chain halt during a $19 billion liquidation cascade, the largest in crypto history. An order-of-operations bug in isolated market liquidation logic triggered a protocol failsafe [...]

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