We were not able to get good enough performance compared to LMDB. We will work on this more though, there are probably many ways performance can be increased by reducing load on the KV store.
If you use WITHOUT ROWID, you traverse only the BLOB->data tree.
Looking up lexicographically similar keys gets a huge performance boost since sqlite can scan a B-Tree node and the data is contiguous. Your current implementation is chasing pointers to random locations in a different b-tree.
I'm not sure exactly whether on disk size would get smaller or larger. It probably depends on the key size and value size compared to the 64 bit rowids. This is probably a well studied question you could find the answer to.
[1]: https://git.deuxfleurs.fr/Deuxfleurs/garage/src/commit/4efc8...