So... is Paradox Live the Animation finished or not?
NO, it is not finished.
Why?
MangaUpdates contains information about the anime adaptation and indicates that it is incomplete.
Watching Order (by release date)
Here you have all the anime relations we detected ordered by release date, so you can see the reason for this status in context and also use it as watching order.
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Synopsis
In a futuristic hip-hop scene, rappers use a special material called "Phantometal" to create spectacular illusionary performances during Phantom Lives. These performances draw power from the artists' emotions, but tapping into Phantometal can trigger painful memories and psychological trauma.
A decade after vanishing, the mysterious CLUB Paradox reappears, announcing a high-stakes Phantom Live competition with a massive prize. Four established groups—BAE, The Cat's Whiskers, cozmez, and Akanyatsura—are invited to compete, each with their own motivations for joining.
Despite the allure of fame and fortune, the competition hides potentially dangerous circumstances, hinting that the path to victory may be far more challenging and perilous than the contestants anticipate.