para-dex[.]net

This domain, para-dex.net, is actively flagged as a high-risk phishing site impersonating a cryptocurrency exchange platform. Registered on July 7, 2026, through TUCOWS.COM, CO., the domain resolves to the IP address 104.168.144.192, hosted on AS54290 (HostPapa) in the United States. Infrastructure analysis reveals the use of Nginx web server technology and nameservers associated with Njalla (1-you.njalla.no, 2-can.njalla.in, 3-get.njalla.fo), a provider frequently observed in phishing operations. The domain presents a page title indicating it mimics Paradex, a decentralized exchange offering perpetual and options trading, with claims of ZK-encryption for trading security. As of July 12, 2026, six security vendors on VirusTotal have flagged para-dex.net, while three additional security blocklists have listed the domain. The site remains operational, returning an HTTP 200 status, and is actively blocked by at least three security mechanisms, including PhishDestroy, MetaMask, and SEAL. The SSL certificate is issued by Let's Encrypt (YR1), a common choice for both legitimate and malicious domains. Gridinsoft assigns a trust score of 0/100, reinforcing the high-risk classification. Defenders should treat this domain as an active threat targeting users of decentralized finance platforms. The combination of recent registration, Njalla nameservers, and confirmed blocklist presence warrants immediate inclusion in network-level and endpoint protection rules. While the exact content of the site has not been analyzed, the page title and scam classification as a fake exchange suggest it is designed to harvest credentials or facilitate fraudulent transactions. No evidence of a phishing kit or specific payload has been identified at this stage. Monitoring for related domains registered through the same registrar or resolving to the same IP may help identify additional threats in this campaign.