Compare Hyperliquid vs Algorand
Open in ChatGPTHyperliquid vs Algorand Scalability
Real-time TPS (1H)
Hyperliquid has no data, while Algorand TPS is 7.92 tx/s
Data from Chainspect
Max TPS (100 blocks)
Hyperliquid has no data, while Algorand max TPS is 5,716 tx/s
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Max Theoretical TPS
Hyperliquid has no data, while Algorand max theoretical TPS is 9,384 tx/s
Data from Chainspect
Transaction Volume (1H)
Hyperliquid has no data, while Algorand transaction volume is 28.5K txns
Data from Chainspect
Block Time (1H)
Hyperliquid has no data, while Algorand block time is 2.8s
Data from Chainspect
Finality
Hyperliquid has no data, while Algorand finality is 0s
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Type
Hyperliquid has no data, while Algorand is a layer 1 blockchain
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Total Transactions (All time)
Hyperliquid has no data, while Algorand has 3.33B total transactions
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Launch Date
Hyperliquid has no data, while Algorand was launched on Jun 12, 2019
Data from Chainspect
Hyperliquid vs Algorand Decentralization
Nakamoto Coefficient
Hyperliquid has no data, while Algorand Nakamoto Coefficient is 12
Data from Chainspect
Validators/Miners
Hyperliquid has no data, while Algorand has 1,739 validators
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Stake/Hashrate
Hyperliquid has no data, while Algorand stake is $232.3M
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Consensus Mechanism
Hyperliquid has no data, while Algorand is Pure Proof of Stake
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Governance
Hyperliquid has no data, while Algorand governance is on-chain
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Hyperliquid vs Algorand Developer Activity
Developers
Hyperliquid has no data, while Algorand has 545 developers
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Commits
Hyperliquid has no data, while Algorand has 39,429 commits
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Repos
Hyperliquid has no data, while Algorand has 172 repos
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Stars
Hyperliquid has no data, while Algorand has 5,130 stars
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Watchers
Hyperliquid has no data, while Algorand has 925 watchers
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Hyperliquid vs Algorand Financials New
Chain Revenue
Hyperliquid has no data, while Algorand chain revenue is $184.5
Data from Chainspect
Average Transaction Fee
Hyperliquid has no data, while Algorand average transaction fee is $0.0002206
Data from Chainspect
Market Cap
Hyperliquid has no data, while Algorand market cap is $1.175B
Data from Chainspect
FDV
Hyperliquid has no data, while Algorand FDV is $1.328B
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Market Cap / FDV
Hyperliquid has no data, while Algorand Market Cap to FDV ratio is 88.46%
Data from Chainspect
Price
Hyperliquid has no data, while Algorand price is $0.1328
Data from Chainspect
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.