diff --git a/simapp/simd/cmd/commands.go b/simapp/simd/cmd/commands.go
index a38d398a1a66..606a58239919 100644
--- a/simapp/simd/cmd/commands.go
+++ b/simapp/simd/cmd/commands.go
@@ -113,6 +113,7 @@ func initRootCmd(
 		confixcmd.ConfigCommand(),
 		pruning.Cmd(newApp, simapp.DefaultNodeHome),
 		snapshot.Cmd(newApp),
+		NewBankSpeedTest(),
 	)
 
 	server.AddCommandsWithStartCmdOptions(rootCmd, simapp.DefaultNodeHome, newApp, appExport, server.StartCmdOptions{
diff --git a/simapp/simd/cmd/speedtest.go b/simapp/simd/cmd/speedtest.go
new file mode 100644
index 000000000000..4f515785ae7c
--- /dev/null
+++ b/simapp/simd/cmd/speedtest.go
@@ -0,0 +1,105 @@
+package cmd
+
+import (
+	"math/rand"
+	"os"
+	"time"
+
+	dbm "github.com/cosmos/cosmos-db"
+	"github.com/spf13/cobra"
+
+	"cosmossdk.io/log"
+	"cosmossdk.io/simapp"
+
+	"github.com/cosmos/cosmos-sdk/baseapp"
+	"github.com/cosmos/cosmos-sdk/crypto/keys/secp256k1"
+	cryptotypes "github.com/cosmos/cosmos-sdk/crypto/types"
+	simtestutil "github.com/cosmos/cosmos-sdk/testutil/sims"
+	"github.com/cosmos/cosmos-sdk/tools/speedtest"
+	sdk "github.com/cosmos/cosmos-sdk/types"
+	authtypes "github.com/cosmos/cosmos-sdk/x/auth/types"
+	banktypes "github.com/cosmos/cosmos-sdk/x/bank/types"
+)
+
+var r = rand.New(rand.NewSource(time.Now().UnixNano()))
+
+func NewBankSpeedTest() *cobra.Command {
+	dir, err := os.MkdirTemp("", "bankspeedtest-*")
+	if err != nil {
+		panic(err)
+	}
+	db, err := dbm.NewDB("app", dbm.PebbleDBBackend, dir)
+	if err != nil {
+		panic(err)
+	}
+	chainID := "foo"
+	app := simapp.NewSimApp(log.NewNopLogger(), db, nil, true, simtestutil.NewAppOptionsWithFlagHome(dir), baseapp.SetChainID(chainID))
+	gen := generator{
+		app:      app,
+		accounts: make([]accountInfo, 0),
+	}
+	cmd := speedtest.NewCmd(gen.createAccount, gen.generateTx, app, app.AppCodec(), app.DefaultGenesis(), chainID)
+	cmd.PostRunE = func(_ *cobra.Command, _ []string) error {
+		return os.RemoveAll(dir)
+	}
+	return cmd
+}
+
+type generator struct {
+	app      *simapp.SimApp
+	accounts []accountInfo
+}
+
+type accountInfo struct {
+	privKey cryptotypes.PrivKey
+	address sdk.AccAddress
+	accNum  uint64
+	seqNum  uint64
+}
+
+func (g *generator) createAccount() (*authtypes.BaseAccount, sdk.Coins) {
+	privKey := secp256k1.GenPrivKey()
+	addr := sdk.AccAddress(privKey.PubKey().Address())
+	accNum := len(g.accounts)
+	baseAcc := authtypes.NewBaseAccount(addr, privKey.PubKey(), uint64(accNum), 0)
+
+	g.accounts = append(g.accounts, accountInfo{
+		privKey: privKey,
+		address: addr,
+		accNum:  uint64(accNum),
+		seqNum:  0,
+	})
+
+	return baseAcc, sdk.NewCoins(sdk.NewInt64Coin(sdk.DefaultBondDenom, 1_000_000_000))
+}
+
+func (g *generator) generateTx() []byte {
+	senderIdx := r.Intn(len(g.accounts))
+	recipientIdx := (senderIdx + 1 + r.Intn(len(g.accounts)-1)) % len(g.accounts)
+	sender := g.accounts[senderIdx]
+	recipient := g.accounts[recipientIdx]
+	sendAmount := sdk.NewCoins(sdk.NewInt64Coin(sdk.DefaultBondDenom, 1))
+	msg := banktypes.NewMsgSend(sender.address, recipient.address, sendAmount)
+	txConfig := g.app.TxConfig()
+	// Build and sign transaction
+	tx, err := simtestutil.GenSignedMockTx(
+		r,
+		txConfig,
+		[]sdk.Msg{msg},
+		sdk.NewCoins(sdk.NewInt64Coin(sdk.DefaultBondDenom, 0)),
+		simtestutil.DefaultGenTxGas,
+		g.app.ChainID(),
+		[]uint64{sender.accNum},
+		[]uint64{sender.seqNum},
+		sender.privKey,
+	)
+	if err != nil {
+		panic(err)
+	}
+	txBytes, err := txConfig.TxEncoder()(tx)
+	if err != nil {
+		panic(err)
+	}
+	g.accounts[senderIdx].seqNum++
+	return txBytes
+}
diff --git a/tools/speedtest/speedtest.go b/tools/speedtest/speedtest.go
new file mode 100644
index 000000000000..8a67a50dc15f
--- /dev/null
+++ b/tools/speedtest/speedtest.go
@@ -0,0 +1,167 @@
+package speedtest
+
+import (
+	"encoding/json"
+	"fmt"
+	"math"
+	"time"
+
+	"github.com/cometbft/cometbft/abci/types"
+	cmtjson "github.com/cometbft/cometbft/libs/json"
+	"github.com/spf13/cobra"
+
+	"github.com/cosmos/cosmos-sdk/codec"
+	servertypes "github.com/cosmos/cosmos-sdk/server/types"
+	simtestutil "github.com/cosmos/cosmos-sdk/testutil/sims"
+	sdk "github.com/cosmos/cosmos-sdk/types"
+	authtypes "github.com/cosmos/cosmos-sdk/x/auth/types"
+	banktypes "github.com/cosmos/cosmos-sdk/x/bank/types"
+)
+
+type AccountCreator func() (*authtypes.BaseAccount, sdk.Coins)
+
+type GenerateTx func() []byte
+
+var (
+	numAccounts    = 10_000
+	numTxsPerBlock = 4_000
+	numBlocksToRun = 100
+	blockMaxGas    = math.MaxInt64
+	blockMaxBytes  = math.MaxInt64
+	verifyTxs      = false
+)
+
+// NewCmd returns a command that will run an execution test on your application.
+// Balances and accounts are automatically added to the chain's state via AccountCreator.
+func NewCmd(
+	createAccount AccountCreator,
+	generateTx GenerateTx,
+	app servertypes.ABCI,
+	cdc codec.Codec,
+	genState map[string]json.RawMessage,
+	chainID string,
+) *cobra.Command {
+	cmd := &cobra.Command{
+		Use:     "speedtest",
+		Short:   "execution speedtest",
+		Long:    "speedtest is a tool for measuring raw execution TPS of your application",
+		Example: "speedtest --accounts 20000 --txs 2000 --blocks 10 --block-max-gas 1000000000 --block-max-bytes 1000000000 --verify-txs",
+		RunE: func(cmd *cobra.Command, args []string) error {
+			accounts := make([]simtestutil.GenesisAccount, 0, numAccounts)
+			balances := make([]banktypes.Balance, 0, numAccounts)
+			for range numAccounts {
+				account, balance := createAccount()
+				genesisAcc := simtestutil.GenesisAccount{
+					GenesisAccount: account,
+					Coins:          balance,
+				}
+				accounts = append(accounts, genesisAcc)
+				balances = append(balances, banktypes.Balance{
+					Address: account.Address,
+					Coins:   balance,
+				})
+			}
+
+			vals, err := simtestutil.CreateRandomValidatorSet()
+			if err != nil {
+				return err
+			}
+
+			genAccs := make([]authtypes.GenesisAccount, 0, len(accounts))
+			for _, acc := range accounts {
+				genAccs = append(genAccs, acc.GenesisAccount)
+			}
+			genesisState, err := simtestutil.GenesisStateWithValSet(cdc, genState, vals, genAccs, balances...)
+			if err != nil {
+				return err
+			}
+
+			// init chain must be called to stop deliverState from being nil
+			stateBytes, err := cmtjson.MarshalIndent(genesisState, "", " ")
+			if err != nil {
+				return err
+			}
+
+			cp := simtestutil.DefaultConsensusParams
+			cp.Block.MaxGas = int64(blockMaxGas)
+			cp.Block.MaxBytes = int64(blockMaxBytes)
+			_, err = app.InitChain(&types.RequestInitChain{
+				ChainId:         chainID,
+				Validators:      []types.ValidatorUpdate{},
+				ConsensusParams: cp,
+				AppStateBytes:   stateBytes,
+			})
+			if err != nil {
+				return fmt.Errorf("failed to InitChain: %w", err)
+			}
+
+			// commit genesis changes
+			_, err = app.FinalizeBlock(&types.RequestFinalizeBlock{
+				Height:             1,
+				NextValidatorsHash: vals.Hash(),
+			})
+			if err != nil {
+				return fmt.Errorf("failed to finalize genesis block: %w", err)
+			}
+
+			blocks := make([][][]byte, 0, numBlocksToRun)
+			for range numBlocksToRun {
+				block := make([][]byte, 0, numBlocksToRun)
+				for range numTxsPerBlock {
+					tx := generateTx()
+					block = append(block, tx)
+				}
+				blocks = append(blocks, block)
+			}
+
+			elapsed, err := runBlocks(blocks, app, vals.Proposer.Address, verifyTxs)
+			if err != nil {
+				return fmt.Errorf("failed to run blocks: %w", err)
+			}
+
+			cmd.Printf("Finished %d blocks in %s\n", numBlocksToRun, elapsed)
+			numTxs := numBlocksToRun * numTxsPerBlock
+			tps := float64(numTxs) / elapsed.Seconds()
+			cmd.Printf("TPS: %f", tps)
+
+			return nil
+		},
+	}
+	cmd.Flags().IntVar(&numAccounts, "accounts", numAccounts, "number of accounts")
+	cmd.Flags().IntVar(&numTxsPerBlock, "txs", numTxsPerBlock, "number of txs")
+	cmd.Flags().IntVar(&numBlocksToRun, "blocks", numBlocksToRun, "number of blocks")
+	cmd.Flags().BoolVar(&verifyTxs, "verify-txs", verifyTxs, "verify txs passed. this will loop over all tx results and ensure the code == 0.")
+	cmd.Flags().IntVar(&blockMaxGas, "block-max-gas", blockMaxGas, "block max gas")
+	cmd.Flags().IntVar(&blockMaxBytes, "block-max-bytes", blockMaxBytes, "block max bytes")
+	return cmd
+}
+
+func runBlocks(blocks [][][]byte, app servertypes.ABCI, proposer []byte, verify bool) (time.Duration, error) {
+	start := time.Now()
+	height := int64(1)
+	for blockNum, txs := range blocks {
+		res, err := app.FinalizeBlock(&types.RequestFinalizeBlock{
+			Height:          height,
+			Txs:             txs,
+			Time:            time.Now(),
+			ProposerAddress: proposer,
+		})
+		if err != nil {
+			return 0, fmt.Errorf("failed to finalize block #%d: %w", blockNum, err)
+		}
+		if verify {
+			for _, result := range res.TxResults {
+				if result.Code != 0 {
+					return 0, fmt.Errorf("tx failed in block %d: code=%d codespace=%s", blockNum, result.Code, result.Codespace)
+				}
+			}
+		}
+		_, err = app.Commit()
+		if err != nil {
+			return 0, fmt.Errorf("failed to commit block #%d: %w", blockNum, err)
+		}
+		height++
+	}
+	end := time.Since(start)
+	return end, nil
+}