Patent attributes
Techniques for managing dynamically scalable virtualized compute instances within a provider network are described. A dynamically scalable instance has a baseline performance level and a maximum performance level associated with a computing resource, such as a processor, a memory, a network interface, etc. In response to receive a request to launch a dynamically scalable instance, one or more services select a computer system to host the requested instance from a pool of instance-hosting computer systems of a provider network. The instance-hosting computer systems include a monitoring agent that reports computing resource usage data to the one or more services. The one or more services monitor the resource usage of the instance-hosting computer systems and migrate instances so that the dynamically scalable instances can operate up to the maximum level of performance.