In the fast-moving world of meme coin trading, every millisecond counts. Whether you're sniping a new launch on Solana or flipping tokens during a pump, the speed at which your wallet can sign transactions can mean the difference between profit and loss. That's why a recent benchmark shared by software engineer Sharath Chandra (@sharathisgmi) is turning heads in the crypto community.

Sharath, a Solana full-stack and mobile developer at SendAI, posted on X (formerly Twitter) about his tests comparing the signing latencies of two popular server wallet providers: Privy.io and Turnkey. According to his findings, Privy came out on top, delivering a 46% faster response time for signing messages over 50 requests and a 37% quicker response for signing transactions over 10 requests.

Here's the original post for context:

I was testing @privy_io vs. @turnkeyhq server wallets' signing latency for trading use cases,

and Privy won with a 46% faster sign message (50 req) response and 37% quicker sign transaction (10 req) response time.

You can check out the full thread here.

벤치마크 분석

Sharath included detailed graphs in his post, showcasing the latency per request for both signing messages and transactions. Let's dive into what the data reveals.

First, the sign message latency chart:

As you can see, Privy's performance (in orange) is consistently lower and more stable compared to Turnkey's (in blue), which shows higher spikes. The stats break it down further:

• Turnkey: Mean 367.52 ms, Median 350.59 ms, P95 422.24 ms, P99 729.88 ms
• Privy: Mean 197.27 ms, Median 183.70 ms, P95 282.91 ms, P99 386.25 ms

This translates to Privy being about half as slow on average—crucial for repetitive actions in trading bots or high-frequency trades.

Next, the sign transaction latency:

Here, over fewer requests, Privy again shines with lower and steadier latencies:

• Turnkey: Mean 399.31 ms, Median 347.80 ms, P95 709.25 ms, P99 709.25 ms
• Privy: Mean 250.74 ms, Median 245.44 ms, P95 318.00 ms, P99 318.00 ms

These results highlight Privy's edge in reliability, especially under trading stress where delays could lead to slipped opportunities in meme token markets.

Privy와 Turnkey란?

For those new to these tools, both Privy and Turnkey offer embedded wallet infrastructure for web3 apps, making it easier for developers to integrate secure, non-custodial wallets without the headaches of key management.

Privy.io is all about scaling crypto experiences. It provides hardware-secured wallets across chains like EVM, Solana, and Bitcoin, with features like gas sponsorship, progressive onboarding (email, social, or wallet login), and fast API integrations. It's powered by Trusted Execution Environments (TEEs) for top-notch security and is used by over 1,000 teams handling 75 million accounts.

On the other hand, Turnkey focuses on flexible, enterprise-grade key management. It supports multichain signing, onchain automation, and smart wallet signers, all within secure enclaves. They boast low latency (50-100ms in their claims) and high availability, backed by audits and SOC 2 compliance. It's designed for both human users and automated systems.

While both are solid choices for blockchain devs, Sharath's real-world test suggests Privy might have the upper hand in raw speed for trading-focused apps.

밈 토큰 트레이더에게 왜 중요한가

Meme tokens thrive on hype and volatility—think Dogecoin pumps or Solana-based cat coins exploding overnight. In these scenarios, traders often rely on bots or quick manual executions to buy low and sell high. Signing latency directly impacts execution speed: a slower wallet might mean missing a dip or getting rekt on a dump.

Lower latency, as shown by Privy, can improve user experience and efficiency, especially in high-volume trading. As one reply to Sharath's post from @captainflee_ noted:

That is a strong data point lower signing latency can make a real difference in trading flows Privy showing faster performance here highlights how infra choice directly impacts user experience

This underscores how choosing the right infrastructure isn't just technical—it's a competitive edge in the meme coin arena.

If you're building or using trading tools for meme tokens, benchmarks like this are gold. Consider testing these wallets in your setup to see what works best. Stay tuned to Meme Insider for more insights on optimizing your blockchain game!