Tempo blockchain constructed by Stripe to outperform Bitcoin at 5 transactions per second (TPS) We have now revealed fewer than three.
Seven months in the past, Stripe pitched a brand new blockchain on the premise that present blockchains lacked adequate capability for institutional cost flows.
Bitcoin (BTC) miners have added about 160 million transactions over the previous 12 months, averaging 5.1 TPS, however CEO Patrick Collison claimed in September that this quantity could be dwarfed by Tempo’s processing energy.
Collison additionally boasted that Tempo has a capability of 10,000 TPS, elevating Tempo’s theoretical prospects even increased than Bitcoin.
Sadly, sensible numbers now exist to resolve the theoretical capability of on-chain transactions.
Precise utilization per Tempo’s token terminal and its proprietary Dune evaluation is roughly 2.5 TPS.
Bitcoin points 5 TPS.
The underperforming blockchain raised $500 million in October 2025 from Thrive Capital, GreenOaks, Sequoia, Ribbit, and SV Angel at a $5 billion valuation. Its mainnet went reside on March 18th.
Along with Stripe, Paradigm additionally helped develop Tempo. In truth, Paradigm co-founder Matt Huang runs Tempo as CEO.
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Numbers after 5 weeks
Now, 5 weeks into mainnet operations, Tempo is reporting roughly 5,600 day by day energetic customers. The chain racked up a whopping $205 in charges in 24 hours and stored a complete of $3 million value of cryptocurrencies locked up.
As compared, Ethereum generated $1.4 million in charges and $45 billion in complete locked worth.
Tempo’s on-chain decline is seen everywhere in the dashboard.
- Day by day new wallets utilizing Tempo peaked at 7,629 on March 19, 2026, however as of April 21, it was only one,749, a 77% lower.
- Day by day contract adoptions peaked at 3,060 on April 14, however dropped by 72% to 863 per week later.
- Day by day token transfers peaked at greater than $9 million on March 17, however have now fallen by two-thirds.
- Tempo’s stablecoin DEX cleared simply $56,000 in 24-hour buying and selling quantity on Tuesday, which is 95% under its peak and fewer than 0.001% of worldwide DEX buying and selling quantity. Tempo’s DEX requires 1/10,000th of a decimal place to register a single pure quantity.
- Tempo’s current complete day by day DEX trades have been lower than 2,000, down 77% from its March 20 peak of over 18,000. Day by day DEX quantity on Tempo peaked at $1.1 million, however has since declined by 93%.
