Real-time TPS
Hyperliquid TPS is coming soon, while Algorand TPS is 11.56 tx/s
Max TPS (100 blocks)
Hyperliquid max TPS is coming soon, while Algorand max TPS is 5,716 tx/s
Max Theoretical TPS
Hyperliquid max theoretical TPS is coming soon, while Algorand max theoretical TPS is 9,384 tx/s
Total Transactions
Hyperliquid total txns is coming soon, while Algorand total txns is 41,604 txns
Block Time
Hyperliquid block time is coming soon, while Algorand block time is 2.83s
Finality
Hyperliquid finality is coming soon, while Algorand finality is 0s
Nakamoto Coefficient
Hyperliquid and Algorand nakamoto coefficient are both coming soon
Active Addresses
Hyperliquid and Algorand active addresses are both coming soon
Governance
Hyperliquid governance is coming soon, while Algorand governance is on-chain
Type
Hyperliquid type is unknown, while Algorand is a layer 1 blockchain
Launch Date
The Hyperliquid launch date is unknown, while Algorand was launched on Jun 12, 2019
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.