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On Friday, November 14 Upstairsa Layer-1 blockchain backed by Coinbase Ventures, has announced that this is the case expanding its SupraEVM Beta Bounty.
While the blockchain is built for Automatic DeFi (AutoFi) through full vertical integration, the move is intended to position it for greater adoption and growth.
According to the announcement, Joshua Tobkin, the CEO and co-founder, has committed up to $1 million in $SUPRA tokens of his own as a personal reward for any developer or research team that can demonstrate a faster, verifiably correct EVM parallel execution engine than SupraBTM, the core execution engine that powers SupraEVM.
The announcement further revealed that the personal reward, touted as the SupraEVM Speed Challenge, will be offered in addition to an ongoing performance-based reward of $40,000 USDC provided by the foundation.
 Since its inception, it has consistently shown that no participating team has surpassed the benchmarks of SupraBTM, which remains the top performer in public tests against all known EVM parallel solutions, including Monad, one of the more optimized projects in the high-performance EVM space.
Commenting on the development, co-founder and CEO Joshua Tobkin said;
“I’m betting $1 million of my own tokens that no one can beat Supra…Supra is built on transparency. We claim to be the fastest, so we strive to prove it publicly. And if someone can demonstrate a superior execution engine under clear circumstances, I will immediately honor that outcome.”
While the protocol aims to address blockchain scalability challenges, it recognizes that transaction execution has historically been a limiting factor for scaling decentralized applications.
Secure and deterministic parallel execution within the Ethereum Virtual Machine (EVM) is particularly challenging, yet essential for enabling low-latency DeFi, real-time gaming, and AI-driven autonomous agents. The project tries to solve these problems.
In particular, SupraEVM, powered by SupraBTM (Block Transactional Memory), addresses this challenge with a conflict specification-aware architecture that reduces overhead, anticipates transaction collisions, and schedules execution based on statically analyzed dependency graphs.
Additionally, SupraBTM was benchmarked on 10,000 Ethereum mainnet blocks and tested directly against Monad’s 2-Phase Execution (2PE) approach using identical base hardware (16-core AMD 4564P CPU with 192 GB RAM).
Jon Jones, CBO and co-founder of Supra, also said: “Supra was built from the ground up to integrate execution, consensus and core infrastructure components into a cohesive framework… The result is an architecture that not only delivers performance, but does so in a way that is reproducible and testable with every known parallel EVM engine available today.”
Nevertheless, the announcement has revealed that the $1 million token commitment is available to developers or research teams who can produce a faster EVM execution engine under defined test conditions. Submissions must be open source, verifiable and reproducible.
Participants must have run a minimum of 100,000 consecutive Ethereum mainnet blocks on commodity hardware with no more than 16 CPU cores.
In addition, they must have achieved a 15 percent performance improvement in 4-, 8-, and 16-thread configurations, and have publicly published benchmark results, submitted them to the community, and undergone independent verification. In addition, the code must be released under an open source license and remain accessible for audit purposes.
Notably, participants can choose to claim the reward directly or continue working with Supra’s engineering organization. Token rewards come from Tobkin’s personal allotment, unlock in 2027, and vest over a two-year period. The price is independent of Supra’s core business or finances.
“This challenge addresses the core technical problem that continues to limit the EVM… The goal is to find or validate the best possible execution engine. If someone is able to build a better system than what we achieved at Supra, the industry should recognize this and take advantage of it,” Tobkin added.
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