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Nick
Nick

Posted on • Updated on • Originally published at chainspect.app

Transactions Per Second (TPS)

In the blockchain world, transactions per second (TPS) metrics measure the number of transactions a blockchain can process in a second.

There are 3 most common types of TPS:

  1. Real-time TPS

  2. Max Recorded TPS

  3. Max Theoretical TPS

Real-time TPS

Real-time TPS shows how many transactions per second the blockchain is processing. It’s probably the most important of all three metrics because it is based on real-time blockchain data and can’t be inflated. It shows the adoption level of the blockchain and its actual throughput.

Max Recorded TPS

Max recorded TPS indicates the peak TPS blockchain has ever reached. It shows how many transactions a blockchain can process during times of high workload. Typically, it happens when the market is volatile, and a lot of people want to transact at the same time.

Max Theoretical TPS

Max theoretical TPS shows how many transactions per second the blockchain is theoretically capable of handling. To calculate this metric, divide the block size measured in gas or bytes by the size of the smallest transaction possible. In most blockchains, the least possible transaction is a transfer of a native token.

For example, the Ethereum block size is 30 million gas, the block time is 12 seconds, and the transfer of Ether takes 21,000 of gas. It means each block can contain 30 million / 21,000 = 1428 transactions. So, the maximum theoretical TPS is 1428 transactions / 12s = 119 transactions per second. Of course, the reality is often different due to the different block times, block sizes, and other real-world nuances.

TPS metrics of the most popular blockchains

The following metrics are relevant on Feb 12, 2024. For real-time TPS check out our dashboard.

Algorand TPS is 18.02 transactions per second
Algorand Max TPS is 3,227 transactions per second

Arbitrum TPS is 10.6 transactions per second
Arbitrum Max TPS is 380 transactions per second

Avalanche TPS is 2.41 transactions per second
Avalanche Max TPS is 92.74 transactions per second

Base TPS is 5.41 transactions per second
Base Max TPS is 34.52 transactions per second

Bitcoin TPS is 8.59 transactions per second
Bitcoin Max TPS is 10.92 transactions per second

BNB Chain TPS is 42.42 transactions per second
BNB Chain Max TPS is 1,731 transactions per second

BNB Greenfield TPS is 0.13 transactions per scond
BNB Greenfield Max TPS is 2.25 transactions per second

Celo TPS is 4.39 transactions per second
Celo Max TPS is 268 transactions per second

Cronos TPS is 0.31 transactions per second
Cronos Max TPS is 142 transactions per second

Crust TPS is 0 transactions per second
Crust Max TPS is 0.01 transactions per second

Ethereum TPS is 11.75 transactions per second
Ethereum Max TPS is 62.34 transactions per second

Fantom TPS is 3.2 transactions per second
Fantom Max TPS is 181 transactions per second

Gnosis Chain TPS is 2.36 transactions per second
Gnosis Chain Max TPS is 80.9 transactions per second

Hedera TPS is 1,332 transactions per second
Hedera Max TPS is 3,287 transactions per second

Integritee TPS is 0.0006 transactions per second
Integritee Max TPS is 0.04 transactions per second

IoTeX TPS is 0.13 transactions per second
IoTeX Max TPS is 223 transactions per second

opBNB TPS is 46.44 transactions per second
opBNB Max TPS is 229 transactions per second

Optimism TPS is 4.59 transactions per second
Optimism Max TPS is 32.87 transactions per second

Polkadex TPS is 0.0036 transactions per second
Polkadex Max TPS is 0.45 transactions per second

Polkadot TPS is 0.15 transactions per second
Polkadot Max TPS is 112 transactions per second

Polygon TPS is 44.33 transactions per second
Polygon Max TPS is 282 transactions per second

Scroll TPS is 3.01 transactions per second
Scroll Max TPS is 25.86 transactions per second

Sirius TPS is 0.01 transactions per second
Sirius Max TPS is 0.02 transactions per second

Solana TPS is 896 transactions per second
Solana Max TPS is 1,608 transactions per second

Starknet TPS is 1.89 transactions per second
Starknet Max TPS is 22.87 transactions per second

Telos TPS is 3.2 transactions per second
Telos Max TPS is 7.5 transactions per second

Tron TPS is 56.52 transactions per second
Tron Max TPS is 236 transactions per second

Zeitgeist TPS is 0.0011 transactions per second
Zeitgeist Max TPS is 0.08 transactions per second


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