IIRC GNU's /bin/true also has massive performance advantage. I am not able to find it presently, but an old post tried to reverse engineer it, and turns out it does caching and whatnot to get something like 12 GBps throughput.
Edit: I was wrong, it is actually GNU 'yes': https://www.teddit.net/r/unix/comments/6gxduc/how_is_gnu_yes...