Paradex refunds $650K to 200 users after maintenance bug triggers liquidations

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Why This Matters

Paradex has refunded $650K to 200 users after a maintenance bug led to unintended liquidations across multiple markets due to a corrupted database during a planned upgrade.

Market Impact

Market impact analysis based on neutral sentiment with 80% confidence.

Sentiment
Neutral
AI Confidence
80%
Time Horizon
Short Term

Article Context

Note: This is a brief excerpt for context. Click below to read the full article on the original source.

Paradex said a planned database upgrade briefly corrupted funding data, prompting a chain rollback and refunds after unintended liquidations across multiple markets.

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Full article on CoinTelegraph
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Original article published by CoinTelegraph on January 23, 2026.
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