There’s a pattern that repeats itself in crypto development projects with enough consistency to be worth naming directly. A team evaluates exchange infrastructure under time pressure, picks something that looks adequate for the immediate requirements, builds on it, launches – and then spends the next eighteen months dealing with the consequences of that choice. Rate quality complaints from users. API instability requiring emergency patches. Liquidity gaps on asset pairs that weren’t tested during evaluation. Support relationships that deteriorate after the contract is signed.

The infrastructure choice at the beginning of a crypto exchange project sets constraints that compound over time. Good constraints – reliable…