A novel interpenetrating network (IPN) hydrogel with ultrahigh compressive strength and fracture strain has been prepared using the copolymer of 2-acrylamide-2-methylpropane sulfonic acid (AMPS) and acrylamide (AM) [P(AMPS-co-AM)] or N-isopropylacrylamide (NIPAM) [P(AMPS-co-NIPAM)] as the primary network and polyacrylamide (PAM) as the secondary network. The as-prepared IPN hydrogel of P(AMPS-co-AM)/PAM has a significantly high compressive strength (91.8 MPa), which is 4 times greater than that of the common PAMPS/PAM IPN hydrogel as well as the compressively strongest hydrogel reported in the literature. The P(AMPS-co-AM)/PAM IPN hydrogel is tough enough not to fracture even when the compressive strain reaches 98%. Synchrotron radiation small-angle X-ray scattering (SAXS) analysis has indicated that the presence of an AM comonomer changes the size of the physically cross-linked domains in the IPN hydrogel, which may partially account for its unique mechanical properties. This study has presented the compressively strongest hydrogel reported to date and also provided a novel and feasible method to prepare the highly strong and tough hydrogel.