Hyperliquid L1 Transitioning to HyperBFT, Co-Founder Jeff Yan Announces

According to Foresight News, Jeff Yan, the co-founder of decentralized derivatives trading platform Hyperliquid, has announced that Hyperliquid L1 is transitioning to HyperBFT. The implementation on the testnet has entered its final testing phase, and the mainnet migration is expected to be completed in the coming weeks. Yan stated that this transition will greatly improve the Transactions Per Second (TPS). Currently, the bottleneck for Hyperliquid L1 is Tendermint, which has a limit of 20,000 orders per second. HyperBFT, however, can support up to 100 times the throughput. In practice, the execution of the state machine will become the bottleneck, with an approximate limit of 200,000 orders per second. HyperBFT is a custom consensus algorithm written from scratch, based on Hotstuff and its subsequent improvements.