Paxos - Crypto Transfers Incident Detected
Incident Lifecycle
Incident Timeline
Identified
We have identified the root cause of the issue and implemented a workaround. While SOL token withdrawal processing remains degraded, customers can continue submitting withdrawals through our Crypto Withdrawals API. Processing times may be longer than normal during this period. Full recovery is expected by 10:00 AM ET.
May 18, 2026 at 5:57 AM UTC
Investigating
We are currently experiencing delays in processing SOL token withdrawals. Customers may continue submitting withdrawals through our Crypto Withdrawals API, but processing times may be longer than usual.
May 18, 2026 at 4:27 AM UTC
Was your business affected by this Paxos outage?
Set up instant alerts for Paxos, be the first to know about outages via email, Slack, Teams, or Discord.