⚡ P-Speed

Benchmark P-Token (SIMD-0266) compute units live on Solana

╭───────────────────────┬──────────────────┬────────────────┬─────────────╮
│ Operation             │ SPL Token (live) │ P-Token (live) │ Improvement │
╞═══════════════════════╪══════════════════╪════════════════╪═════════════╡
│ Mint creation         │        3,219 CU  │        386 CU  │  88.0% less │
│ Mint tokens           │        4,641 CU  │        270 CU  │  94.2% less │
│ Transfer  (avg n=20)  │        6,323 CU  │        255 CU  │  96.0% less │
│ Transfer  (min / max) │  6,323 / 6,323   │  255 / 255 CU  │             │
╰───────────────────────┴──────────────────┴────────────────┴─────────────╯

Both columns are real on-chain measurements. Nothing hardcoded. Every TX signature is verifiable on Solana Explorer.

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What is P-Token?

P-Token (SIMD-0266) is a drop-in replacement for the SPL Token program, rebuilt from scratch using Pinocchio.

• ✅ Same program address — TokenkegQfeZyiNwAJbNbGKPFXCWuBvf9Ss623VQ5DA
• ✅ Same instruction and account layout — byte for byte compatible
• ✅ Zero client-side changes required
• ✅ 96% fewer compute units per transfer
• ✅ Live on mainnet

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Install

cargo install p-speed

Prerequisites:

• Rust stable — rustup.rs
• Solana CLI — docs.solana.com

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Commands

run — measure P-Token live

Connects to devnet or mainnet and measures real P-Token compute units.

# devnet (free)
p-speed run --rpc devnet --transfers 20

# mainnet (costs ~$0.02)
p-speed run --rpc mainnet --transfers 20

# custom RPC
p-speed run --rpc https://your-rpc.com --transfers 20

# save results to JSON
p-speed run --rpc devnet --transfers 20 --output results.json

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compare — both sides live, nothing hardcoded

Runs the benchmark on two sides simultaneously:

• Local validator with P-Token feature gate OFF → old SPL Token bytecode
• Devnet or mainnet with feature gate ON → P-Token bytecode

Both columns are real on-chain measurements.

Step 1 — open a new terminal and start local validator:

solana-test-validator \
  --deactivate-feature ptokFjwyJtrwCa9Kgo9xoDS59V4QccBGEaRFnRPnSdP

Wait until you see JSON RPC URL: http://127.0.0.1:8899. Keep this terminal open.

Step 2 — fund local wallet and run:

solana airdrop 5 --url http://127.0.0.1:8899
p-speed compare --transfers 20

Compare against mainnet instead of devnet:

p-speed compare --ptoken-rpc mainnet --transfers 20

If you forget to start the validator, P-Speed tells you exactly what to do:

  ✗ Local validator is not running.

  Start it in a new terminal:
  solana-test-validator \
    --deactivate-feature ptokFjwyJtrwCa9Kgo9xoDS59V4QccBGEaRFnRPnSdP

  Then run p-speed compare again.

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Why local validator?

P-Token lives at the same address as old SPL Token. The Solana runtime swaps the bytecode when the feature gate (ptokFjwyJtrwCa9Kgo9xoDS59V4QccBGEaRFnRPnSdP) is active.

On mainnet and devnet the gate is already ON — you can only get P-Token numbers there. The only way to get real old SPL numbers is a local validator with the gate explicitly disabled. --deactivate-feature tells the validator to run as if P-Token was never shipped.

solana-test-validator (no flags)
  → copies mainnet → feature gate ON → P-Token bytecode → 255 CU

solana-test-validator --deactivate-feature ptok...
  → feature gate OFF → old SPL bytecode → 6,323 CU  ← what we want

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How CU measurement works

P-Speed reads transaction.meta.compute_units_consumed from every confirmed transaction — the actual compute units used by the validator, not the budget limit.

Every signature printed by P-Speed can be verified on Solana Explorer.

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Options

Flag	Default	Description
--rpc	devnet	RPC: devnet | mainnet | local | full URL
--transfers / -n	20	Number of transfers to benchmark
--keypair	~/.config/solana/id.json	Path to payer keypair
--output	—	Save results to JSON
--spl-rpc	local	(compare only) SPL Token RPC
--ptoken-rpc	devnet	(compare only) P-Token RPC

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Running tests

cargo test

All tests run offline — no RPC, no SOL required.

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License

MIT — see LICENSE

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Built by @anmol0b · Pure Rust · No Anchor · P-Token live on mainnet