Paradex: Mithril Robot Under Attack, Affected Sub-Keys Revoked, and $650,000 Refund Distributed to Users Affected by Downtime

CoinNetwork · 2026-01-21T07:13:53+00:00

Paradex announces that its partnered Mithril trading bot has been attacked, resulting in approximately 57 user sub-keys being stolen. XP transfers have been suspended and related sub-keys have been revoked. Affected users are eligible for refunds, with a total of $650,000 already distributed. Gigavault's deposit and withdrawal functions have been restored, and other support tickets will be addressed gradually.

CoinNetwork

2026-01-21 07:13:53

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Crypto界网消息，Paradex announced that its partnered Mithril trading robot was hacked, and the attacker gained access to approximately 57 user subkeys. Subkeys are permission-restricted keys that can be used for proxy trading but cannot perform withdrawal operations. Paradex has taken emergency measures, suspending all XP transfers and revoking all subkeys associated with Mithril trading accounts. The affected users are only those connected to the Mithril trading robot. Additionally, Paradex stated that it has completed an audit of the accounts affected by the network outage on January 19 and has refunded users who were mistakenly liquidated (mainly related to PAXG). A total of $650,000 has been distributed to 200 accounts. Gigavault’s deposit and withdrawal functions have also been restored. Other support tickets will be reviewed and processed in the coming days.

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