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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.
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4 Min
Stablecoins
Feb 2022
...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.
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2 Min
Infrastructure
Oct 2021
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.
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3 Min
Macro & Markets
Jan 2022
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...
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2 Min
DAO
May 2021
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.
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13 Min
Layer 1 / L1
Mar 2025
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...
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5 Min
Layer 1 / L1
Mar 2022
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.
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5 Min
NFTs & Gaming
Jul 2021
...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...
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2 Min
Infrastructure
May 2021
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.
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5 Min
DeFi
Apr 2022
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.
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7 Min
Block Production
Apr 2021
Executing a swap on Ethereum can pose a significant concern for traders due to the expensive gas expenses...Since Curve v2 is more complex, the cost of a swap ranges from 250-300K gas versus 125-175K gas on Uniswap...3x more gas efficient than v1 by adjusting their calculation methodology....Ambient has been extremely gas efficient when compared to Uni v3.
Alpha Insight
2 Min
DeFi
Jul 2023
In search of some more high-conviction gaming token bets for this cycle, I heard some chatter about Gas...Where Gas Hero really shines is with its incentive mechanisms and player archetype segmentation....Gas Hero is designed to be a game for crypto whales....For context, all trading within Gas Hero occurs on FSL’s first-party marketplace, MOOAR.
Alpha Insight
7 Min
Gaming
Jan 2024
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...
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3 Min
Layer 2 / L2
Feb 2021
Judging by the uptrend in gas prices, you’re probably doing the same too....When gas is cheap, you mint GasTokens, storing gas for later....When gas gets expensive, you burn the GasTokens, “releasing” the stored gas and reducing the transaction...determined solely by the gas price at that time.
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4 Min
DeFi
Aug 2020
Anyone whose paid gas recently is well aware of that....be unwise for us not to consider the potentially negative second-order effects of the current high gas...With gas fees higher than ever, Ethereum's own success is hindering further adoption.
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5 Min
Layer 1 / L1
Feb 2021
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.
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15 Min
Layer 2 / L2
Jul 2023
One thing to note is that all the L2s reaching for giga gas throughput have opted for an external data...This is because one of the main bottlenecks to scaling beyond giga gas/s is data availability....With giga gas throughput, the volume and rate at which an L2 creates data are orders of magnitude larger...MegaETH at capacity would easily consume ~2-5B gas/s.
Alpha Insight
5 Min
Infrastructure
Mar 2025
A recent proposal (EIP-9698) by Dankrad was made to exponentially raise the gas limit on the L1....The plan would scale Ethereum’s gas limit by 100x over the course of four years....survive would be pressured to actually provide differentiated execution models beyond the incremental gas...
Alpha Insight
8 Min
Layer 1 / L1
May 2025
Gas fees are painful but so far that hasn’t slowed the bullish momentum seen.
Report
1 Min
Layer 1 / L1
Feb 2021
Among its key features is an optimized batch compression method, which reduces gas costs by roughly 50%...Previously, L2s have been been convenient gas savers, but are still vulnerable to increased gas fees...coin trading have frustrated Optimism and Arbitrum users, who had hoped to remain insulated from high gas...
Alpha Insight
2 Min
Layer 2 / L2
Jun 2023