Paradex officially announced that its partner Mithril trading robot was recently hacked. The attacker successfully obtained sub-keys for approximately 57 users. It should be noted that sub-keys are a restricted type of key that can be used to proxy trading operations, but strictly speaking, cannot be used for fund withdrawals, which limits the scope of damage.

Upon learning of the incident, Paradex quickly activated its emergency response mechanism. They immediately suspended all XP transfers and revoked all sub-keys associated with Mithril trading accounts. It is important to note that only users who actively connected to the Mithril trading robot are affected; other users' accounts remain completely unaffected.

Additionally, regarding the network outage on January 19, Paradex has completed a comprehensive review of the affected accounts. During that incident, some users experienced erroneous liquidations (mainly related to PAXG), and Paradex has now compensated these users. The total compensation amount reached $650,000, distributed across 200 accounts. Meanwhile, the deposit and withdrawal functions of Gigavault have also been restored to normal. For other pending tickets, the platform promises to review and process them one by one in the coming days.