Company and use case

Messari is a leading provider of crypto market intelligence products that help investors, regulators, and the public understand the crypto economy. The company aggregates and analyzes blockchain data to provide insights and transparency into the crypto markets. Their platform offers various tools and resources, including real-time data feeds, market analysis, and comprehensive reports, enabling users to make informed decisions in the rapidly evolving crypto landscape.

Performance problems to solve

Messari faced significant challenges with their existing database infrastructure due to the immense volume and velocity of blockchain data. They needed a solution that could handle high-frequency data ingestion and provide real-time analytics without compromising performance. The main issues included slow query times, high storage costs, and the inability to efficiently process and analyze large datasets. These limitations hindered their ability to deliver timely insights and maintain a competitive edge in the crypto market.

Performance gains unlocked

By migrating to TimescaleDB, Messari achieved substantial performance improvements. The transition allowed for more efficient data ingestion and storage through advanced compression algorithms, resulting in a 94% reduction in storage requirements. Query performance saw a dramatic increase, enabling real-time analytics and faster response times for complex queries. Continuous aggregates and other hyperfunctions provided by TimescaleDB streamlined data processing, leading to a more scalable and cost-effective solution. These enhancements empowered Messari to deliver high-quality, timely insights to their users, enhancing their overall platform performance.