OKX relies on QuestDB for exchange-wide analytics

OKX, a major global cryptocurrency exchange, faced challenges with its previous data management systems as they struggled to handle the high-frequency market data demands of their quantitative trading division. To address these issues, OKX adopted QuestDB as its core time series database due to its high performance, low-latency data ingestion, and operational simplicity. The transition to QuestDB allowed OKX to overcome bottlenecks and inefficiencies experienced with their former system, InfluxDB, by providing faster and more predictable query latencies, increased ingestion capacity, and reduced operational overhead. Key features that facilitated this improvement include integration with Apache Kafka for data streaming, the use of ILP for rapid data ingestion, and the implementation of Grafana dashboards for real-time analytics. QuestDB's deployment in OKX's cloud environment allowed for enhanced flexibility and compliance. As a result, OKX achieved a more stable and efficient data processing architecture, enabling real-time visibility into trading metrics and supporting the exchange's extensive operational requirements. Looking ahead, OKX plans to expand its use of QuestDB by implementing features such as high availability, enhanced cold storage capabilities, data compression, and improved system integrations.