Top1|1月 21, 2026 09:16
After a whole afternoon of fear and trepidation at @ pradex yesterday,
The event ended with the platform voluntarily compensating the affected accounts with $650000.
The technical issues that occurred during the system maintenance period, in retrospect, are actually quite simple:
User funds are secure throughout the entire process, with zero actual losses
The platform only experiences a brief downtime of a few hours for necessary technical repairs
To avoid erroneous liquidation affecting user assets, the team adopts on chain rollback processing
$650000 refund has been proactively issued to 200 affected accounts, no application required
The processing rhythm is also very clear:
Announce within 1 hour, confirm the reason and solution within 3 hours, and complete the repair and full refund within 24 hours.
Current platform status:
Transactions, withdrawals, and Gigavault have all been restored
TVL and open interest have returned to pre event levels and continue to rebound
The cross chain bridge RhinoFi has been restored, and the rest is being completed gradually
In the last two weeks of the second season, XP rewards will be increased by 50%
In the encryption industry, technical issues are not uncommon, and the real difference lies in how events are handled after they occur.
The result this time is very clear: zero loss for users, proactive compensation, transparent communication, and quick repair.
I actually haven't been able to increase my traffic or airdrop since the end of Lighter,
But regular contract transactions are still conducted on Perp DEX due to the expectation of airdrops.
As of now, the one closest to the airdrop date is still Paradex, so I will continue to use it.
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