You need to use a Performance license for any use of DevTest VSE in a performance environment.
First, without it, DevTest will throttle your response if they are above 10 tps. Normally, you can see an exception in your log files saying more or less that your response has been postponed. This has no impact for functional test, as the delay is ver short, but will make it unusable for many performance use case.
Second, performance license will allow you to change the number of thread allowed by virtual service. This is a property available both in your web console, or when you deploy a virtual service. This property will allow you to handle more load on a single VS by parallelizing it (with functional VSE, this is 1 thread only)