Some embodiments of the invention provide configurable integrated circuit (IC) that has a first interface rate for exchanging signals with a circuit outside of the configurable IC. The configurable IC has an array of configurable circuits. The array includes several configurable logic and interconnect circuits. Each configurable logic circuit can configurably perform a set of functions. The configurable interconnect circuits can configurably couple the logic circuits. At least several of the configurable circuits can be reconfigured faster than the first rate.