CEO Offers $1 Million Reward, Urging Blockchain Developers to Surpass Supra's EVM

Supra, a Layer-1 blockchain supported by Coinbase Ventures, has begun accepting applications for its MultiVM TestNet, marking a significant milestone in its pursuit to transform blockchain scalability and DeFi operations. This announcement aligns with the broader scope of its SupraEVM Beta Bounty initiative, which

issued by CEO Joshua Tobkin to prove the capabilities of its unique parallel EVM execution engine, SupraBTM.

The SupraEVM Speed Challenge calls on developers and research groups to build an EVM-parallel execution engine that outperforms SupraBTM in speed and verifiable accuracy.

in his own $SUPRA tokens as an incentive, stressing the importance of transparency and public scrutiny through reproducible performance metrics. To win the reward, contenders must process 100,000 consecutive mainnet blocks using standard hardware, demonstrate at least a 15% speed increase across various thread setups, and release their results as open-source and fully auditable. So far, no participant has exceeded SupraBTM’s performance, which in open competitions.

Supra’s system merges execution, consensus, and infrastructure into a unified vertical stack, empowering its AutoFi platform to automate financial workflows via AI-powered oracles and cross-chain communication. The platform’s native Proof of Efficient Liquidity (PoEL) protocol boosts capital efficiency by enabling stakers to both secure the blockchain and supply liquidity. By focusing on deterministic scheduling and execution aware of conflicts, Supra

faced by decentralized apps, interactive gaming, and AI-based autonomous systems.

The expansion of the testnet and the bounty initiative highlight Supra’s dedication to driving progress through open competition.

that the project’s design is “reproducible and can be tested against any existing parallel EVM engine,” strengthening its reputation as a frontrunner in high-performance blockchain technology.