Coinbase Ventures-Backed Supra Expands Beta Bounty Program, Offering $1M Bounty

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On Friday, November 14th, Supra, a Layer-1 blockchain backed by Coinbase Ventures, announced it is expanding its SupraEVM Beta Bounty.

While the blockchain is built for Automatic DeFi (AutoFi) through full vertical integration, the move aims 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 worth of his own $SUPRA tokens as a personal bounty to any developer or research team that can demonstrate a faster, verifiably correct EVM-parallel execution engine than SupraBTM, the core execution engine powering SupraEVM.

The announcement further revealed that the personal bounty, touted as the SupraEVM Speed Challenge, is offered in addition to an ongoing $40,000 USDC performance-based reward provided by the foundation.

Since its inception, it has consistently demonstrated that no participating team has surpassed the benchmarks established by 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.

Speaking on the development, Co-Founder and CEO Joshua Tobkin said;

“I am 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 are aiming to prove it in public. And if someone can demonstrate a superior execution engine under clear conditions, I will honor that outcome directly.”

While the protocol aims to address the challenges in blockchain scalability, it acknowledges that transaction execution has historically been a limiting factor for scaling decentralized applications. 

Safe and deterministic parallel execution within the Ethereum Virtual Machine (EVM) is particularly challenging, yet essential for enabling low-latency DeFi, real-time games, and AI-driven autonomous agents. The project is working to solve these issues.

Notably, 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.

Furthermore, SupraBTM has been benchmarked on 10,000 Ethereum mainnet blocks and tested head-to-head against Monad’s 2-Phase Execution (2PE) approach using identical commodity hardware (16-core AMD 4564P CPU with 192 GB RAM). 

Jon Jones, CBO and Co-Founder at Supra, also commented, saying, “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 against any known parallel EVM engine available today.”

Nonetheless, 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. Entries must be open source, verifiable, and reproducible. 

Participants must have executed at least 100,000 consecutive Ethereum mainnet blocks on commodity hardware with no more than 16 CPU cores.

Additionally, they must have achieved a 15 percent performance improvement across 4, 8, and 16-thread configurations, and published benchmark results publicly, submitting them to the community and independent verification. Additionally, the code must be released under an open-source license and remain accessible for audit purposes.

Notably, participants may choose to claim the reward directly or engage further with Supra’s engineering organization to collaborate. Token rewards are from Tobkin’s personal allocation, unlocking in 2027 and vesting over a two-year period. The prize is independent of Supra’s core operations or treasury.

“This challenge is focused on the core technical issue that continues to constrain the EVM…The objective is to find or validate the most performant execution engine possible. If someone is able to build a better system than what we have achieved at Supra, the industry should recognize it and benefit from it,” Tobkin added.