Hyperliquid vs Algorand Scalability
Real-time TPS
Hyperliquid has no data, while Algorand TPS is 4.67 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 16,812 txns
Block Time
Hyperliquid has no data, while Algorand block time is 2.78s
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 New
Nakamoto Coefficient
Hyperliquid has no data, while Algorand Nakamoto Coefficient is 12
Validators/Miners
Hyperliquid has no data, while Algorand has 1,903 validators
Stake/Hashrate
Hyperliquid has no data, while Algorand stake is $481.1M
Consensus Mechanism
Hyperliquid has no data, while Algorand is Pure Proof of Stake
Governance
Hyperliquid has no data, while Algorand governance is on-chain
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.