Systems and methods are provided for a hardware-implemented multi-buffer. A system includes a buffer memory comprising a shared memory space, where the memory space is shared between a first buffer and a second buffer, and where a dynamic delineation of the memory space between the first buffer and the second buffer is identified by a divider address. A dynamic buffer control circuit includes a control memory that is configured to store the divider address, a first memory utilization metric associated with the first buffer, and a second memory utilization metric associated with the second buffer. A system further includes one or more comparator circuits configured to compare the first memory utilization metric and the second memory utilization metric, where the dynamic buffer control circuit changes the divider address based on the comparison.