CM FARUM


A HOLISTIC BLOCKCHAIN NETWORK RISK MANAGEMENT OFFERING

Coin Metrics’ FARUM™ provides a comprehensive approach to blockchain network risk management.  It enables users to identify network attacks, double spends, blockchain splits, or market abnormalities via an enterprise-grade API.

Features


HOLISTIC NETWORK RISK MANAGEMENT

  • Real-time awareness of network conditions and proactive monitoring of exploited bugs or network attacks
  • 40+ Key Risk Indicators (KRIs) covering all factors that may impact transaction settlement

CONVENTIONAL AND UNCONVENTIONAL DATA SOURCES

  • Geo-redundant full nodes provide data on processed transactions across the entire network topology
  • Custom nodes enable the high-performance logging of unprocessed transactions in the Mempool
  • Real-time monitoring of major mining pools provides a view on future blocks being produced by miners, thereby enabling the prediction of potential network attacks or blockchain splits

FLEXIBLE ALERTING CAPABILITIES

  • Customizable alerts cover a wide range of risk profiles from custodians predominantly operating cold wallets to exchanges signing hundreds of transactions a minute 

RESILIENT INFRASTRUCTURE

  • Data input layer with multiple instances of full node exporters for each asset, a strong focus on redundancy with local and cloud operations distributed around the globe, and enterprise-grade operations supported by regular backups, robust telemetry and comprehensive monitoring
  • Data delivery layer utilizes multiple instances to ensure reliability and low latency and is deployed on geo-redundant servers

Use Cases


MINIMIZE LOSSES

Minimize losses by determining when you need to extend settlement times or halt network activities for a particular asset

TUNE FEES

Align settlement time expectations with transaction fee expenditures by building alerts to notify you when your fee parameters require an immediate change

IMPROVE CUSTOMER EXPERIENCE

Provide transparency on the state of the network to your end customers and create dynamic confirmation thresholds to minimize transaction settlement times experienced by customers

REDUCE COSTS

Reduce your infrastructure expenditure by eliminating the need to run your own audit and network analytics nodes