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DeFi News

FluideFi Gains Time And Cuts Costs With Google Clouds AlloyDB

Written By:
Jahnu Jagtap

Last updated: September 29, 2023 9:26 PM
Published September 29, 2023 9:26 PM
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Last updated: September 29, 2023 9:26 PM
Published September 29, 2023 9:26 PM
FluideFi Gains Time and Cuts Costs with Google Clouds AlloyDB

FluideFi, a cryptocurrency lending and borrowing platform, has improved performance and reduced costs by migrating its database from Amazon Aurora to Google Cloud’s AlloyDB.

FLUIDEFI, a SaaS platform for institutional investors in DeFi, has achieved significant performance and cost improvements by migrating to AlloyDB.

Read how @FLUIDEFI_OFC offers 3x faster processing speed and 60% lower costs for a similar instance size ↓https://t.co/tronO1J3Ul

— Google Cloud (@googlecloud) September 29, 2023

AlloyDB is a fully-managed, PostgreSQL-compatible database service that offers high performance and scalability at a lower cost than traditional relational databases.

After migrating to AlloyDB, FluideFi saw a 3x improvement in performance and a 60% reduction in cost for a similar instance size.

In addition to the performance and cost benefits, FluideFi also found that AlloyDB was easier to manage than Aurora. AlloyDB is a fully-managed service, which means that Google Cloud handles all of the tasks associated with database management, such as backups, updates, and security. This freed up FluideFi’s engineering team to focus on other tasks.

Also Read: Google Cloud Exe. urges Web3 to Prefer Business Solutions

Disclaimer: The information researched and reported by The Crypto Times is for informational purposes only and is not a substitute for professional financial advice. Investing in crypto assets involves significant risk due to market volatility. Always Do Your Own Research (DYOR) and consult with a qualified Financial Advisor before making any investment decisions.

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Jahnu Jagtap - Crypto Research Analyst at The Crypto Times
By Jahnu Jagtap
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Jahnu Jagtap is a Research Analyst with over 5 years of experience in crypto, finance, fintech, blockchain, Web3, and AI. He holds a BSc in Mathematics and is certified in Blockchain and Its Applications (SWAYAM MHRD), Cryptocurrency (Upskillist), and NISM Certifications. Jahnu specializes in technical, on-chain, and fundamental analysis, while also closely tracking global macro trends, regulations, lawsuits, and U.S. equities. With a strong analytical background and editorial insight, he drives content that delivers clarity and depth in the fast-evolving world of digital finance.

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