diff --git a/app/benchmark_test.go b/app/benchmark_test.go
new file mode 100644
index 00000000..a88712e7
--- /dev/null
+++ b/app/benchmark_test.go
@@ -0,0 +1,44 @@
+package app
+
+import (
+	"encoding/json"
+	"io"
+	"testing"
+
+	"github.com/cosmos/cosmos-sdk/simapp"
+	abci "github.com/tendermint/tendermint/abci/types"
+	"github.com/tendermint/tendermint/libs/log"
+	dbm "github.com/tendermint/tm-db"
+	"github.com/tharsis/ethermint/encoding"
+)
+
+func BenchmarkEthermintApp_ExportAppStateAndValidators(b *testing.B) {
+	db := dbm.NewMemDB()
+	app := NewEthermintApp(log.NewTMLogger(io.Discard), db, nil, true, map[int64]bool{}, DefaultNodeHome, 0, encoding.MakeConfig(ModuleBasics), simapp.EmptyAppOptions{})
+
+	genesisState := NewDefaultGenesisState()
+	stateBytes, err := json.MarshalIndent(genesisState, "", "  ")
+	if err != nil {
+		b.Fatal(err)
+	}
+
+	// Initialize the chain
+	app.InitChain(
+		abci.RequestInitChain{
+			ChainId:       "ethermint_9000-1",
+			Validators:    []abci.ValidatorUpdate{},
+			AppStateBytes: stateBytes,
+		},
+	)
+	app.Commit()
+
+	b.ResetTimer()
+	b.ReportAllocs()
+	for i := 0; i < b.N; i++ {
+		// Making a new app object with the db, so that initchain hasn't been called
+		app2 := NewEthermintApp(log.NewTMLogger(log.NewSyncWriter(io.Discard)), db, nil, true, map[int64]bool{}, DefaultNodeHome, 0, encoding.MakeConfig(ModuleBasics), simapp.EmptyAppOptions{})
+		if _, err := app2.ExportAppStateAndValidators(false, []string{}); err != nil {
+			b.Fatal(err)
+		}
+	}
+}
diff --git a/crypto/ethsecp256k1/benchmark_test.go b/crypto/ethsecp256k1/benchmark_test.go
new file mode 100644
index 00000000..815cc583
--- /dev/null
+++ b/crypto/ethsecp256k1/benchmark_test.go
@@ -0,0 +1,34 @@
+package ethsecp256k1
+
+import (
+	"fmt"
+	"testing"
+)
+
+func BenchmarkGenerateKey(b *testing.B) {
+	b.ReportAllocs()
+	for i := 0; i < b.N; i++ {
+		if _, err := GenerateKey(); err != nil {
+			b.Fatal(err)
+		}
+	}
+}
+
+func BenchmarkPubKey_VerifySignature(b *testing.B) {
+	privKey, err := GenerateKey()
+	if err != nil {
+		b.Fatal(err)
+	}
+	pubKey := privKey.PubKey()
+
+	b.ResetTimer()
+	b.ReportAllocs()
+	for i := 0; i < b.N; i++ {
+		msg := []byte(fmt.Sprintf("%10d", i))
+		sig, err := privKey.Sign(msg)
+		if err != nil {
+			b.Fatal(err)
+		}
+		pubKey.VerifySignature(msg, sig)
+	}
+}
diff --git a/crypto/hd/algorithm_test.go b/crypto/hd/algorithm_test.go
index 48eaa71a..8d2eda77 100644
--- a/crypto/hd/algorithm_test.go
+++ b/crypto/hd/algorithm_test.go
@@ -22,6 +22,8 @@ func init() {
 	cryptocodec.RegisterCrypto(amino)
 }
 
+const mnemonic = "picnic rent average infant boat squirrel federal assault mercy purity very motor fossil wheel verify upset box fresh horse vivid copy predict square regret"
+
 func TestKeyring(t *testing.T) {
 	dir := t.TempDir()
 	mockIn := strings.NewReader("")
@@ -66,8 +68,6 @@ func TestKeyring(t *testing.T) {
 }
 
 func TestDerivation(t *testing.T) {
-	mnemonic := "picnic rent average infant boat squirrel federal assault mercy purity very motor fossil wheel verify upset box fresh horse vivid copy predict square regret"
-
 	bz, err := EthSecp256k1.Derive()(mnemonic, keyring.DefaultBIP39Passphrase, ethermint.BIP44HDPath)
 	require.NoError(t, err)
 	require.NotEmpty(t, bz)
diff --git a/crypto/hd/benchmark_test.go b/crypto/hd/benchmark_test.go
new file mode 100644
index 00000000..0ad376ce
--- /dev/null
+++ b/crypto/hd/benchmark_test.go
@@ -0,0 +1,31 @@
+package hd
+
+import (
+	"testing"
+
+	"github.com/cosmos/cosmos-sdk/crypto/keyring"
+	ethermint "github.com/tharsis/ethermint/types"
+)
+
+func BenchmarkEthSecp256k1Algo_Derive(b *testing.B) {
+	b.ReportAllocs()
+	for i := 0; i < b.N; i++ {
+		deriveFn := EthSecp256k1.Derive()
+		if _, err := deriveFn(mnemonic, keyring.DefaultBIP39Passphrase, ethermint.BIP44HDPath); err != nil {
+			b.Fatal(err)
+		}
+	}
+}
+
+func BenchmarkEthSecp256k1Algo_Generate(b *testing.B) {
+	bz, err := EthSecp256k1.Derive()(mnemonic, keyring.DefaultBIP39Passphrase, ethermint.BIP44HDPath)
+	if err != nil {
+		b.Fatal(err)
+	}
+
+	b.ResetTimer()
+	b.ReportAllocs()
+	for i := 0; i < b.N; i++ {
+		(&ethSecp256k1Algo{}).Generate()(bz)
+	}
+}
diff --git a/types/benchmark_test.go b/types/benchmark_test.go
new file mode 100644
index 00000000..23d7790a
--- /dev/null
+++ b/types/benchmark_test.go
@@ -0,0 +1,17 @@
+package types
+
+import (
+	"fmt"
+	"testing"
+)
+
+func BenchmarkParseChainID(b *testing.B) {
+	b.ReportAllocs()
+	// Start at 1, for valid EIP155, see regexEIP155 variable.
+	for i := 1; i < b.N; i++ {
+		chainID := fmt.Sprintf("ethermint_1-%d", i)
+		if _, err := ParseChainID(chainID); err != nil {
+			b.Fatal(err)
+		}
+	}
+}