Byte Pair Encoding (BPE) is a widely used tokenization algorithm, whose tokens cannot extend across pre-tokenization boundaries, functionally limiting it to representing at most full words. The BoundlessBPE and SuperBPE algorithms extend and improve BPE by relaxing this limitation and allowing the formation of superwords, which are combinations of pretokens that form phrases. However, previous implementations were impractical to train: for example, BoundlessBPE took 4.7 CPU days to train on 1GB of data. We show that supermerge candidates, two or more consecutive pretokens eligible to form a supermerge, can be aggregated by frequency much like regular pretokens. This avoids keeping full documents in memory, as the original implementations of BoundlessBPE and SuperBPE required, leading to a significant training speedup. We present a two-phase formulation of BoundlessBPE that separates first-phase learning of regular merges from second-phase learning of supermerges, producing identical results to the original implementation. We also show a near-equivalence between two-phase BoundlessBPE and SuperBPE, with the difference being that a manually selected hyperparameter used in SuperBPE can be automatically determined in the second phase of BoundlessBPE. These changes enable a much faster implementation, allowing training on that same 1GB of data in 603 and 593 seconds for BoundlessBPE and SuperBPE, respectively, a more than 600x increase in speed. For each of BoundlessBPE, SuperBPE, and BPE, we open-source both a reference Python implementation and a fast Rust implementation.