diff --git a/chains/btc/uploader/ipfs.go b/chains/btc/uploader/ipfs.go
index 32051736..2956805e 100644
--- a/chains/btc/uploader/ipfs.go
+++ b/chains/btc/uploader/ipfs.go
@@ -3,12 +3,16 @@ package uploader
 import (
 	"bytes"
 	"encoding/json"
+	"errors"
 	"io"
 	"mime/multipart"
 	"net/http"
 	"time"
 
+	"github.com/rs/zerolog/log"
+
 	"github.com/ChainSafe/sygma-relayer/config/relayer"
+	"github.com/cenkalti/backoff/v4"
 )
 
 const MAX_RETRIES = 3
@@ -55,31 +59,47 @@ func (s *IPFSUploader) Upload(dataToUpload []map[string]interface{}) (string, er
 	req.Header.Add("Authorization", "Bearer "+s.config.AuthToken)
 	req.Header.Add("Content-Type", writer.FormDataContentType())
 
-	var resp *http.Response
-	for attempt := 1; attempt <= MAX_RETRIES; attempt++ {
-		client := &http.Client{}
-		resp, err = client.Do(req)
-		if err == nil && resp.StatusCode == 200 {
-			break
-		}
+	var ipfsResponse IPFSResponse
+
+	// Define the operation to be retried
+	operation := func() error {
+		return s.performRequest(req, &ipfsResponse)
+	}
+	expBackoff := backoff.NewExponentialBackOff()
+	expBackoff.MaxElapsedTime = time.Minute
 
-		time.Sleep(time.Duration(attempt) * time.Second)
+	notify := func(err error, duration time.Duration) {
+		log.Warn().Err(err).Msg("Unable to upload metadata to ipfs")
 	}
 
+	err = backoff.RetryNotify(operation, backoff.WithMaxRetries(expBackoff, 5), notify)
 	if err != nil {
 		return "", err
 	}
+
+	return ipfsResponse.IpfsHash, nil
+}
+
+func (s *IPFSUploader) performRequest(req *http.Request, ipfsResponse *IPFSResponse) error {
+	client := &http.Client{}
+	resp, err := client.Do(req)
+	if err != nil {
+		return err
+	}
 	defer resp.Body.Close()
 
+	if resp.StatusCode != 200 {
+		return errors.New("received non-200 status code")
+	}
+
 	respBody, err := io.ReadAll(resp.Body)
 	if err != nil {
-		return "", err
+		return err
 	}
 
-	var ipfsResponse IPFSResponse
 	if err := json.Unmarshal(respBody, &ipfsResponse); err != nil {
-		return "", err
+		return err
 	}
 
-	return ipfsResponse.IpfsHash, nil
+	return nil
 }
diff --git a/go.mod b/go.mod
index c6b391ab..0f2db091 100644
--- a/go.mod
+++ b/go.mod
@@ -34,7 +34,7 @@ require (
 	github.com/btcsuite/btclog v0.0.0-20170628155309-84c8d2346e9f // indirect
 	github.com/btcsuite/go-socks v0.0.0-20170105172521-4720035b7bfd // indirect
 	github.com/btcsuite/websocket v0.0.0-20150119174127-31079b680792 // indirect
-	github.com/cenkalti/backoff/v4 v4.2.1 // indirect
+	github.com/cenkalti/backoff/v4 v4.3.0 // indirect
 	github.com/consensys/bavard v0.1.13 // indirect
 	github.com/consensys/gnark-crypto v0.12.1 // indirect
 	github.com/crate-crypto/go-kzg-4844 v0.3.0 // indirect
diff --git a/go.sum b/go.sum
index d4bd1121..8863740c 100644
--- a/go.sum
+++ b/go.sum
@@ -123,6 +123,8 @@ github.com/btcsuite/winsvc v1.0.0/go.mod h1:jsenWakMcC0zFBFurPLEAyrnc/teJEM1O46f
 github.com/buger/jsonparser v0.0.0-20181115193947-bf1c66bbce23/go.mod h1:bbYlZJ7hK1yFx9hf58LP0zeX7UjIGs20ufpu3evjr+s=
 github.com/cenkalti/backoff/v4 v4.2.1 h1:y4OZtCnogmCPw98Zjyt5a6+QwPLGkiQsYW5oUqylYbM=
 github.com/cenkalti/backoff/v4 v4.2.1/go.mod h1:Y3VNntkOUPxTVeUxJ/G5vcM//AlwfmyYozVcomhLiZE=
+github.com/cenkalti/backoff/v4 v4.3.0 h1:MyRJ/UdXutAwSAT+s3wNd7MfTIcy71VQueUuFK343L8=
+github.com/cenkalti/backoff/v4 v4.3.0/go.mod h1:Y3VNntkOUPxTVeUxJ/G5vcM//AlwfmyYozVcomhLiZE=
 github.com/census-instrumentation/opencensus-proto v0.2.1/go.mod h1:f6KPmirojxKA12rnyqOA5BBL4O983OfeGPqjHWSTneU=
 github.com/centrifuge/go-substrate-rpc-client/v4 v4.2.1 h1:io49TJ8IOIlzipioJc9pJlrjgdJvqktpUWYxVY5AUjE=
 github.com/centrifuge/go-substrate-rpc-client/v4 v4.2.1/go.mod h1:k61SBXqYmnZO4frAJyH3iuqjolYrYsq79r8EstmklDY=