Hyperliquid L1 will transition to HyperBFT, and the mainnet migration is expected to be completed in the next few weeks

Jeff Yan, co-founder of decentralized derivative trading platform Hyperliquid, tweeted that Hyperliquid L1 will transition to HyperBFT. The implementation on the testnet is in the final testing phase, and the mainnet migration is expected to be completed in the next few weeks. Jeff Yan stated that after the migration, TPS will be greatly improved. The current bottleneck of Hyperliquid L1 is Tendermint, which has an upper limit of 20,000 orders per second. HyperBFT can support up to 100 times the throughput, but in practice, state machine execution will become a bottleneck, at about 200,000 orders per second. HyperBFT is a custom consensus algorithm written from scratch, based on Hotstuff and its subsequent improvements.