Hyperliquid vs Algorand
Hyperliquid vs Algorand Scalability
Real-time TPS
Hyperliquid has no data, while Algorand TPS is 7.06 tx/s
Max TPS (100 blocks)
Hyperliquid has no data, while Algorand max TPS is 5,716 tx/s
Max Theoretical TPS
Hyperliquid has no data, while Algorand max theoretical TPS is 9,384 tx/s
Transaction Volume
Hyperliquid has no data, while Algorand transaction volume is 25,417 txns
Block Time
Hyperliquid has no data, while Algorand block time is 2.82s
Finality
Hyperliquid has no data, while Algorand finality is 0s
Type
Hyperliquid has no data, while Algorand is a layer 1 blockchain
Launch Date
Hyperliquid has no data, while Algorand was launched on Jun 12, 2019
Hyperliquid vs Algorand Decentralization
Nakamoto Coefficient
Hyperliquid has no data, while Algorand Nakamoto Coefficient is 12
Validators/Miners
Hyperliquid has no data, while Algorand has 1,865 validators
Stake/Hashrate
Hyperliquid has no data, while Algorand stake is $492M
Consensus Mechanism
Hyperliquid has no data, while Algorand is Pure Proof of Stake
Governance
Hyperliquid has no data, while Algorand governance is on-chain
Hyperliquid vs Algorand Developer Activity New
Developers
Hyperliquid has no data, while Algorand has 536 developers
Repos
Hyperliquid has no data, while Algorand has 160 repos
Commits
Hyperliquid has no data, while Algorand has 35,283 commits
Stars
Hyperliquid has no data, while Algorand has 5,060 stars
Watchers
Hyperliquid has no data, while Algorand has 981 watchers
Other Comparisons
Hyperliquid Comparisons
About Blockchains
About Hyperliquid
Hyperliquid is a Layer 1 blockchain that aims to enhance the efficiency and performance of DeFi applications, especially perpetual futures trading. It offers zero gas fees, instant finality, and a fully on-chain order book for its users.
About Algorand
Algorand emerges as a blockchain platform committed to fostering transparency and enabling the growth of decentralized projects and applications. Operating as a public, decentralized blockchain, it leverages a Pure Proof-of-Stake (PPoS) consensus mechanism to uphold network security, efficiency, and decentralization. Powered by the Algorand Consensus Algorithm, the network employs a combination of cryptographic techniques and random selection to attain consensus, effectively addressing the constraints of traditional consensus mechanisms.