Trading DB

In a previous section we described the benefits of having an ethereum indexer over the conventional approach of quering directly the blockchain. In this section we will cover the differnt ways of execution, configurations and more advanced scennarios where you will need to modify our indexer to fit with your custom smart contract modules and other available configuration parameters.

TradingDB is a python project based on django and celery that follows an architecture of micro-services, with 3 main components: the web API, a scheduler (producer) and worker (consumer). These 3 componentes use a message queue to communicate, by default we use Redis and also a Relational database (we recommend postgresql). There are other external services that will be used, like an ethereum node (depending on the use case you could use infura) and an IPFS node (you can use infura for this).

There are many ways we could execute this software but we will cover the 4 most common:

  • Docker-compose
  • Docker
  • Container Orchestrator. e.g Kubernetes
  • Bare-metal


docker-compose is a a tool for defining and running multi-container Docker applications and link the dependencies between them. You can see it as tool for managing micro-service and container projects as monoliths, to make the execution easier for development.

We’ve defined many services inside our docker-compose.yml, such as the postgresql database and redis cache. This makes the onboarding very simple. You just need to run two commands:

docker-compose build
docker-compose up

The up command will run forever. In case you need to access one of the services for management, you can use run:

docker-compose run web sh
docker-compose run worker sh
docker-compose run scheduler sh

Note that by default, the configuration used is for the Rinkeby network. Check config.settings.rinkeby


You can check the tradingdb images in the public docker registry here. The same image can be used for the 3 pieces of the system: web, scheduler and worker.

Basically you will need to run a different command for each piece:

  • Web: docker/web/ code
  • Scheduler: docker/web/celery/scheduler/ code
  • Worker: docker/web/celery/worker/ code

Running it directly with docker will mean you need to manage restarts, failures and connections. Take a look at the configuration section to know which parameters you’ll need from the environment.


Kubernetes is one of the most robust solutions for container orchestration and is what we recommend for production of TradingDB.

In order to run this project on your kubernetes cluster, you need to follow these steps:

# Verify Kubernetes version is > 1.9
kubectl get nodes

Database configuration

The database configuration of tradingdb uses kubernetes secrets for storing this sensitive information.

kubectl create secret generic tradingdb-database \
--from-literal host='[DATABASE_HOST]' \
--from-literal name=[DATABASE_NAME] \
--from-literal user=[DATABASE_USER] \
--from-literal password='[DATABASE_PASSWORD]' \
--from-literal port=[DATABASE_PORT]

Queue and Cache

We use Redis as message broker for Celery (handles the different tasks messages as indexing, issuing tokens, etc) and also as the cache service. You can apply it in your cluster with:

kubectl apply -f kubernetes/redis-tradingdb

By default this creates a deployment and a service in kubernetes. You should not need further configuration for this part.

TradingdDB services

As we explained in the previous section, tradingdDB follows a microservice architecture, and it’s core is formed by 3 services: worker, scheduler and web API. In order to deploy these services there are a minimum of configuration parameters you need to set up, inclduing:

  • Ethereum node URL (by default points to infura, in production you should have an ethereum node that supports many requests per second). Despite what you might think, the RPC API interface has better performance (relative to Webservices or IPC sockets). This is because we can batch requests in the same HTTP connection and the underliying implementation of ethereum nodes it’s more efficient for the RPC API.
  • DJANGO_SECRET_KEY this parameter secures your sessions with the admin interface (/admin). In a UNIX environment you can generate a random string with this command: head /dev/urandom | shasum -a 512

There are many more parameters we describe in the configuration section.

After you have your configuration set, apply the deployment with:

kubectl apply -f kubernetes/tradingdb

Bare metal

TradingDB it’s a Python 3.6/Django 2 project, so you can set up the application without Docker.

You will need to install and run the following:

  • Redis: Tasks management.
  • PostgreSQL: As the database. Create a database for the project.

Then you will need Python 3.6, and it’s recommended to have virtualenv for the dependencies:

git clone
cd pm-trading-db
virtualenv pm-trading-db
pip install -r requirements.txt

Configure .env_bare_local with parameters for connecting to PostgreSQL and Redis. You can use Infura for the Ethereum node and IPFS:


Then run:

python migrate
python setup_tournament --start-block-number 2000000

Tradingdb should be up and running on

Configuration Parameters

In the project you will find some configuration templates for different environments. These are in config/settings/:

  • As the name says, it’s the base of all the config parameters. It has the common configurations and the default values.
  • You should use this config when testing with ganache-cli running ganache-cli -d.
  • Disables the debug settings and is oriented to be use on mainnet (or a testnet for running an olympia tournament).
  • Has configured the default addresses for rinkeby and also for one of the Olympia tournaments Gnosis ran as an example.
  • Used by tests.

Here you have a list of all the possible parameters you can set as ENV parameter (not all configs allows to override by ENV).


bool - Enables debug logs. Makes it easier for finding bugs in the API.


url - Database url used by the service, follows django-environ supported db_url


url - Follows this format


int - amount of blocks saved for rollbacks (chain reorgs). It’s 100 by default.


int - number of blocks processed as bulk for the indexer every time an indexing task is triggered (by default every 500ms). Increasing this value will “maybe” mean the indexing will be faster, but that will also depend on the cpu, memory and network resources. There will be many RPC requests and you might kill your ethereum node instance.


int - follows the same concept than the previous parameter. But instead pulling ethereum logs, it uses ethereum filters. Ethereum filters are used for the first sync as those are faster for synchronizing historic data.

ETHEREUM_NODE_URL (mandatory in production)

protocol://host:port - The RPC endpoint of your ethereum node.


int - default 10. Represents the amount of parallel processes performing requests to the ethereum node.


int - default 500. Amount of RPC requests batched in one single HTTP request.


string - default


int - default 5001


string - Separated by commas, url and ips allowed to be used for the API.


ethereum checksum address - Automated market maker allowed to be used by market contracts. You can check the default addresses for each network here


ethereum checksum address - Centralized Oracle factory contract. You can check the default addresses for each network here


ethereum checksum address - Event factory contract. You can check the default addresses for each network here


ethereum checksum address - Market factory contract. You can check the default addresses for each network here

Extend TradingDB (ADVANCED)

There are many reason why you would like to extend the project, the main one is that you have custom contracts and specific data that you would like to save in the indexer or trigger some actions (like send an email after a deposit transfer).

Implement Python event receiver

With custom event receivers you will be able to listen for events on your own contracts. Custom event receivers can be set up in pm-trading-db extending django_eth_events.chainevents.AbstractEventReceiver and then defining methods:

  • save(decoded_event, block_info): Will process events when received. block_info will have the web3 block structure of the ethereum block where the event is found.
  • rollback(decoded_event, block_info): Will process events in case of reorg. The event will be the same as the one in save, so you can decide how to rollback the changes (if needed).

Every decoded_event has address and name, and then decoded params under params key. address is always lowercase without 0x. Example of event:

    "address": "b3289eaac0fe3ed15df177f925c6f8ceeb908b8f",
    "name": "CentralizedOracleCreation",
    "params": [
            "name": "creator",
            "value": "67ed2c5c09b7aa308dbd0fb8754b695e5bb030ad"
            "name": "centralizedOracle",
            "value": "88c2c1bb33c4939f58384629e7b5f26d90bafcc9"
            "name": "ipfsHash",
            "value": "QmNUhQD2hzRb8Pj31RHtBaJNpZUzQ9cg1AKKW8SFVScFb5"

You can add a custom EventReceiver to the event receivers file tradingdb/chainevents/ An example of EventReceiver:

from django_eth_events.chainevents import AbstractEventReceiver

class TestEventReceiver(AbstractEventReceiver):
    def save(self, decoded_event, block_info=None):
        event_name = decoded_event.get('name')
        address = decoded_event.get('address')

        print('Received event', event_name, 'with address', address)

    def rollback(self, decoded_event, block_info=None):
        # Undo stuff done by `save` in case of reorg
        # For example, delete a database object created on `save`
        # No need for rollback in this case

Add contract ABI

If you want to listen to events for your own contract, you need to add the json ABI to tradingdb/chainevents/abis/ folder to make pm-trading-db capable of decoding the events.

Then you need to configure your receiver before starting pm-tradingdb for the first time. Go to config/settings/ and add your event receiver as a Python dictionary.

Required fields are:

  • ADDRESSES: List addresses of the contracts to be watched for events. If you need to watch one single address, use a one element list.
  • EVENT_ABI: ABI of your custom contract (used to decode the events).
  • EVENT_DATA_RECEIVER: Absolute python import path for the custom event receiver class.
  • NAME: Name of the receiver, just don’t use same name that another receiver.

Configure custom event receiver

Example of a custom event receiver:

    'ADDRESSES': ['0xD6fF69322719b077fDC5335535989Aa702016276', '0x992575d97fa3C31f39a81BDC3D517aE7D8C1C5A2'],
    'EVENT_ABI': load_json_file(abi_file_path('MyTestContract.json')),
    'EVENT_DATA_RECEIVER': 'chainevents.event_receivers.TournamentTokenReceiver',
    'NAME': 'OlympiaToken',

You should now be ready to run tradingDB