EVM chains use “gas” as a unit of computation, and when a chain talks about “X gas per second,” they’...Each distinct type of transaction may have varying gas costs....Source: https://gaslimit.pics/ Block gas limits set the ideal amount of gas each block should use....For example, Sonic is at 5 giga gas/s on mainnet today.

Chart of The Day: Gas Is On Sale! Are you looking to move funds around or claim yields?...Gas prices have significantly decreased from their peak last month of 218 Gwei to just around 60 Gwei...At the beginning of 2022, gas prices jumped due to surging volume for NFTs....) can largely impact the price of gas.

...projects on Arbitrum are holding back from full-scale deployments due to the current cap on network gas...Gas Costs are Rising Ethereum gas prices look like they’re about to make a run higher as demand picks...Historically, when gas gets expensive, we’ve seen activity spike on alternative L1s.

Chart of The Day: Fantom Gas Getting A Little Expensive Gas prices on Fantom spiked to new highs as...This led to higher demand in blockspace and more competitive gas prices....Even as the initial hype cools, it’s clear average gas prices and daily transaction fees paid are still...

Polygon Congestion  Gas costs on Polygon Network have spiked more than 10 fold to over 500 gwei....The main culprit of the congestion is an NFT game called Sunflower Farmers, which is now the largest “gas...guzzler” on the network, consuming over 30% of the gas on Polygon in the past hour.

Chart of The Day: Gas Spend Surges in March on L2 Activity Layer-2 rollups post all their transactional...(Note: gas expenditures are not to be confused with gwei, or the price of gas in ETH.)...The surge in gas spent was propelled by activity from several L2s....ImmutableX started spending more gas as activity re-ignited....Ethereum uses ETH for gas.

Gas Prices Rise and Fall With ETH Moving away from Axie, it seems like sentiment on ETH directly influences...the price of gas....surprising, given the vast majority of DeFi usage is powered by speculation, it’s interesting that gas...Just to make it clear, the chart below compares gas costs in ETH to ETH’s price in USD.

Weekly Gas Price at YTD Low 2) Fantom Transaction Count vs....Price 3) MakerDAO Revenue & Surplus Buffer Key Takeaways In spite of a broad bullish trend, gas...The primary causes for this are a new MEV marketplace from Flashbots and an increased gas limit for the...Ethereum gas prices hit YTD low, Fantom shows signs of life, MakerDAO's run rate growth continues to...

...volume and liquidity on Polygon Top Sushiswap pools on Polygon ETH hits multi-year high against BTC Gas...Key Takeaways Gas prices are up 10x in the last week, after bottoming out at 35 gwei last week....A majority of the increase happened over the last few hours as gas soared from 100 gwei at 7 AM UTC to...

This process is called a Priority Gas Auction (PGA), and it’s usually executed by purpose-built bots....opportunities popped up in every nook and corner, arbitrageurs were paying as much as 3000 gwei per gas...Since then, gas costs have been on the decline, falling to under 100 gwei last week.

MNT as Gas Fees: Instead of using ETH for gas, as Arbitrum and Optimism do (since ETH is also used for...payments when posting transactions onto L1), Mantle has chosen to use MNT for gas payments....To forecast Mantle’s potential gas costs, we’ve used the average gas cost of Arbitrum and Optimism since...and receiving MNT on L2 from gas paid by users.

STARKs can cost up to 5M gas, that’s ~$200 per proof....The block limit is 30M gas (recently increased to 36M)....As mentioned, verification on the EVM is limited by precompiles, gas costs, and gas limits per block....gas, a reduction of 11x....A single proof submission consumes 12M gas in one block.

Gas abstraction via JIT: Allowing gas to be paid with any token Native USDC via Noble and Circles CCTP...Gas payments on Ethereum rollups also create friction....Users must fund ETH for gas, and while Base introduced USDC as a gas token to abstract gas away, this...rollup’ users pay for gas with any token that the governance decides.

Users can just use applications without worrying about how much money they’ll lose to gas fees....Across uses a UMA’s optimistic oracle for validation to minimize on-chain gas costs....The settlement, on the other hand, is optimized for gas minimization....Minimum gas usage; users don’t pay gas for failed transactions and benefit from economies of batch filling...

Features like passkeys, account recovery, and gas abstraction are valuable improvements....It calculates and transfers necessary gas fees for both ZetaChain and the target chain....Finally, the contract calls ZRC-20 withdraw method that burns ZRC-20 gas tokens (to cover the gas costs...by abstracting gas on external chains.

Arbitrum Orbit L3 From a user’s perspective, nearly negligible gas fees plus a fast block time (<...This was achieved using Arbitrum Orbit, which comes with all the benefits mentioned before (low gas,...Tokenomics From a tokenomics perspective, having your token as a gas token (in this case, DMT) should...

High gas fees on Ethereum are pricing out DeFi users, to the benefit of competing layer 1s like Binance...This metric has been growing since late December, which is when gas prices bottomed and started to increase...As high gas fees reinforce the need for scaling, let's turn our attention towards a layer 2 DeFi application...

This led to gas wars and a high prevalence of botting during mints of popular projects....For example, ERC-721A, pioneered by Azuki, provides significant gas savings for batch minting of NFTs...Gas wars can occur when demand is estimated poorly and far exceeds supply....This resulted in >55,000 ETH in gas burned from the mint alone, worth a whopping $157M at the time...

This can limit the deployment of innovative applications due to high proving times and gas costs....Let’s say that for example the cost to verify a SNARK on-chain is 200k gas. ...If the proof represents just one proof, it’ll cost 200k gas. ...By verifying just one proof that batches multiple ones inside of it, it amortizes gas costs.

The zkEVM also handles storage and gas fees with customized metering, leading to lower costs for users...typically require higher security access and functionality, reducing computational load and improving gas...Type: Rollup or Validium – Data Availability (DA): Ethereum, Third party, or Own storage solution – Gas...