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Case Study

Building 99.995% Uptime Infrastructure for a Fast-Growing Cryptocurrency Exchange

Implementing high availability architecture with IaC and comprehensive disaster recovery, reducing downtime by 99.7%

Overview

An emerging cryptocurrency exchange based in Bangalore serving over 280,000 active traders across India and Southeast Asia. With daily trading volumes exceeding ₹75 crores and supporting 45+ cryptocurrencies, the platform experienced rapid growth following regulatory clarity in key markets.

Despite their innovative trading features and competitive fee structure, the exchange suffered from reliability issues causing approximately 18 hours of unplanned downtime monthly. These outages resulted in significant financial losses, damaged market reputation, and increasing regulatory scrutiny.

Building High Availability Cryptocurrency Exchange

Business Challenges

1

Reliability Issues

Frequent unplanned outages causing approximately 18 hours of downtime monthly

Order processing delays during high-volume trading periods

Wallet synchronization failures causing transaction processing delays

System unable to handle 3x volume spikes during major market movements

2

Infrastructure Limitations

Manual infrastructure management leading to misconfigurations

Ad-hoc environment creation resulting in configuration drift

Limited documentation of infrastructure components and dependencies

No systematic approach to infrastructure scaling during peak periods

3

Regulatory Compliance

Insufficient disaster recovery capabilities jeopardizing regulatory approval

Limited audit trails for infrastructure changes, impacting traceability and compliance

Inconsistent backup processes with manual verification

Lack of geographic redundancy increasing regulatory concerns

Our Solution

We implemented a comprehensive infrastructure transformation focusing on reliability, automation, and regulatory compliance.

Phase 1

Assessment & Strategy

We conducted a thorough analysis of existing infrastructure, identifying critical vulnerabilities and creating a resilience roadmap.

1

Reliability Analysis

Performed comprehensive root cause analysis of historical outages

Identified single points of failure across the technology stack

Created availability heat map highlighting critical components

Developed reliability metrics framework aligned with business impact

2

Infrastructure Evaluation

Conducted complete infrastructure audit across all environments

Documented current state architecture with dependency mapping

Evaluated manual processes for automation potential

Benchmarked current practices against financial service standards

3

Compliance Gap Analysis

Assessed current infrastructure against regulatory requirements

Identified documentation and process gaps affecting compliance

Evaluated existing disaster recovery capabilities

Created compliance roadmap with prioritized remediation actions

Business Impact & Results

System Reliability

Reduced monthly downtime from 18 hours to 3 minutes (99.995% uptime)

Handled 5× trading volume during peak market swings

Maintained steady order processing times regardless of system load

Fixed wallet sync errors by improving the system architecture

Operational Efficiency

Reduced infrastructure change implementation time from days to minutes

Decreased configuration errors by 96% through infrastructure as code

Automated 92% of previously manual operational procedures

Reduced mean time to recovery from 45 minutes to under 5 minutes

Regulatory Compliance

Achieved full compliance with regulatory disaster recovery requirements

Successfully passed third-party security and reliability audit

Implemented comprehensive change management with complete audit trails

Established geographic redundancy meeting regulatory expectations

Business Impact

Secured regulatory approval in two more countries

Boosted daily trading volume by ₹25 crores through improved reliability

Increased customer retention by 18% with reliability enhancements

Launched institutional trading services with strict SLA requirements

"VegaStack turned our infrastructure from a liability into a competitive advantage, eliminating outages and ensuring regulatory compliance for new market opportunities. Their work supported our business strategy beyond just uptime."

Aditya Kumar
CTO, Fast-Growing Cryptocurrency Exchange

Key Takeaways

Reliability by Design

Implementing reliability principles throughout the architecture eliminated entire categories of failures.

Infrastructure as Code Value

Moving to infrastructure as code not only improved reliability but also enhanced security, compliance, and audit capabilities.

Automated Testing Impact

Implementing automated testing for infrastructure changes prevented numerous potential outages before they affected users.

Compliance Advantage

Meeting regulatory requirements through infrastructure improvements opened new market opportunities.

Conclusion

This engagement transformed the client's infrastructure from a significant business risk into a foundation for growth. By implementing a comprehensive approach to reliability, automation, and compliance, we helped them achieve the stability expected of established financial institutions while maintaining the agility of a fintech innovator.

Looking ahead, the robust infrastructure now serves as a platform for their continued expansion across Asia. With trading volumes projected to double in the next year, the high availability architecture and automated scaling capabilities provide confidence that the exchange can grow without compromising reliability. Most importantly, the established processes and knowledge transfer ensure the client can maintain and evolve their infrastructure as cryptocurrency markets and regulations continue to evolve.

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