Hyperliquid vs Polygon

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.

Polygon, formerly Matic Network, is a blockchain platform designed to establish a multi-chain system compatible with Ethereum. It employs a proof-of-stake consensus mechanism similar to Ethereum for on-chain transactions, with its native token being MATIC. Functioning as a "layer two" or "sidechain" scaling solution alongside Ethereum, Polygon facilitates quicker transactions and lower fees. Its inception aimed to tackle Ethereum's major challenges, including high fees, subpar user experience, and limited transaction throughput, aspiring to create an "Ethereum's internet of blockchains" or a multi-chain ecosystem of Ethereum-compatible blockchains.