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The LLM Observability Stack You Actually Need

You can't improve what you can't measure. Here's how to build an LLM monitoring stack that catches problems before your users do.

Dashboard showing LLM monitoring metrics including latency, quality scores, and cost tracking

Why traditional monitoring falls short

Traditional application monitoring answers: "Is the service up? Is it fast enough?" For LLM applications, the service can be up, fast, and returning 200 status codes — while producing outputs that are completely wrong, hallucinated, or harmful.

LLM observability needs to answer a harder question: "Is the output good?" — and it needs to answer it continuously, at scale, without a human reviewing every response.

The four layers of LLM observability

Layer 1 — Operational metrics

These are the basics that any production service needs:

If you're using a managed API, most of these are available through the provider's dashboard. For self-hosted models, you'll need to instrument your inference server.

Layer 2 — Cost metrics

LLM costs can spike unpredictably. Track:

Set cost alerts early We've seen multiple teams discover $10K+ unexpected charges because a single malfunctioning feature generated millions of tokens overnight. Set daily spend alerts from day one.

Layer 3 — Quality metrics

This is where LLM observability diverges from traditional monitoring. Quality metrics attempt to measure whether the model's output is actually good:

Most of these require either rule-based checks (for format and safety) or a secondary model call (for factual consistency and quality scoring). The secondary model call adds cost but is essential for meaningful quality monitoring.

Layer 4 — User feedback signals

The ultimate quality metric is whether users are satisfied. Track:

These signals are noisy individually but powerful in aggregate. A sudden spike in retry rates or a drop in thumbs-up rates is often the first signal of a quality regression.

Building your tracing strategy

For multi-step systems (RAG, agents, chains), per-request tracing is essential for debugging. A good trace captures:

This lets you answer the question that comes up in every production incident: "Why did the model produce this output for this input?"

Alerting strategy

Not every metric deserves an alert. A practical alerting hierarchy:

The most important alert is the one for quality regressions — and it's the hardest to get right because "quality" is inherently fuzzy. Start with simple checks (format compliance, length bounds) and add sophistication over time.

Tool choices in 2026

The LLM observability market has consolidated around a few approaches:

For most teams, a dedicated LLM platform for tracing and evaluation combined with your existing APM for operational metrics is the right starting point.

The goal of observability isn't to collect data. It's to make problems visible before they become incidents. Invest in dashboards and alerts, not just logging.

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