Compare Hyperliquid vs Algorand
Hyperliquid vs Algorand Scalability
Real-time TPS (1H)
Hyperliquid has no data, while Algorand TPS is 14.44 tx/s
Data from Chainspect
Max TPS (100 blocks)
Hyperliquid has no data, while Algorand max TPS is 5,716 tx/s
Data from Chainspect
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 52K 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
Data from Chainspect
Type
Hyperliquid has no data, while Algorand is a layer 1 blockchain
Data from Chainspect
Total Transactions
Hyperliquid has no data, while Algorand has 3.25B total transactions
Data from Chainspect
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 1,850 validators
Data from Chainspect
Stake/Hashrate
Hyperliquid has no data, while Algorand stake is $390.6M
Data from Chainspect
Consensus Mechanism
Hyperliquid has no data, while Algorand is Pure Proof of Stake
Data from Chainspect
Governance
Hyperliquid has no data, while Algorand governance is on-chain
Data from Chainspect
Hyperliquid vs Algorand Developer Activity New
Developers
Hyperliquid has no data, while Algorand has 536 developers
Data from Chainspect
Repos
Hyperliquid has no data, while Algorand has 161 repos
Data from Chainspect
Commits
Hyperliquid has no data, while Algorand has 35,707 commits
Data from Chainspect
Stars
Hyperliquid has no data, while Algorand has 5,088 stars
Data from Chainspect
Watchers
Hyperliquid has no data, while Algorand has 923 watchers
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.