Between 5:50am and 7:38am PT on Wednesday, May 19th, there were connectivity issues with coinbase.com, Coinbase mobile apps, and Coinbase Pro. During this time, many users experienced slow load times and errors while attempting to access Coinbase, including features like buying, selling and trading. This post will detail the outage, explain what caused it, and describe the changes we’ve made to prevent similar failures going forward.
There was a large spike of traffic due to many users reacting to a sudden price drop in the crypto market leading up to this incident (ETH dropped 20%, BTC dropped 25%). A group of oncall engineers convened after being paged for high error rates across several services.
The affected services were:
Logged out web servers: This caused users that weren’t logged-in to hit an error page when visiting coinbase.com.
GraphQL service: This caused parts of the mobile app to load very slowly and error ~10% of the time.
Coinbase Pro API: This caused Coinbase Pro to be partially unreachable.
Non-US card payment processing service: This caused non-US customers attempting to buy crypto with a card to be rejected.
Once these issues were identified, engineers split into different groups to investigate each issue in parallel and prioritize follow up actions.
In the days since the outage, we have reconstructed a clear picture of what happened since the first minute.
The Logged out coinbase.com pages were largely unreachable as the instances started failing and took over 40 minutes to return to a healthy state. The rapid spike in requests ended up hitting a max threshold in Nginx router connections, which was manually increased during the incident. This ultimately addressed the bottleneck.
NodeJS HTML Response
2. We saw timeouts and increased latency on our GraphQL service, which aggregates data from underlying services. The timeouts were caused by GraphQL autoscaling up too slowly. The autoscaling eventually caught up and the errors subsided, restoring functionality to the mobile app and logged-in users.
3. We saw that the database that powers the Coinbase Pro exchange had high latency and CPU load. Additionally the API servers that run our market data feed were under high CPU load. We increased the operation throughput configured on the database and also provisioned more API servers.
Coinbase Pro API Response Time
4. In our Non-US card payment processing service, the number of failed payments increased as the queue to process the payments became backlogged. We increased the number of queue workers and card payments started succeeding.
At Coinbase, we’ve committed significant resources to improving our reliability, including regular load tests to prepare us for high periods of traffic. However, this incident has identified some blind spots to address, especially around very sudden spikes of traffic.
A common theme around several of the failures in this incident were autoscaling rules that weren’t tuned to the nature of traffic spikes that crypto markets can cause. We’re working on tailoring our load tests to better simulate real world situations, such as sudden traffic spikes. This will help surface more issues like untuned autoscaling rules, during controlled testing.
Another improvement that we are investing in is the implementation of kill switches for parts of the client application so that when failures happen, we can keep unaffected parts of our applications working while we work to address the failures.
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Today we’re launching an effort to mobilize 52 million crypto owners – younger and more diverse than the US population as a whole – into a powerful force heading into the 2024 elections with an intense focus on nine key states.