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Groth16 proofs cost around 200k-300k gas (roughly $20 at 30 gwei and $3k ETH)....In times of network congestion, gas prices have reached over 100 Gwei....Currently, Starknet pays $154 (4 Gwei / $2.6k ETH price) in fees to submit and verify a single proof...Keep in mind, this is the best-case scenario assuming Ethereum maintains 4 Gwei all year, which isn’t...
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15 Min
Infrastructure
Aug 2025
On the flip side, the average price of gas over the last week has only been 10-12 Gwei....In fact, the average daily gas price since the beginning of 2020 is 76 Gwei....However, even if we double the amount of ETH staked at the average gas price of 76 Gwei, ETH net issuance...
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9 Min
Macro & Markets
Sep 2022
Since then, the average gas fee has typically remained above 40 gwei, with even higher fees during popular...More recently, the average gas fee has trended lower around 25 gwei.
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3 Min
Layer 1 / L1
Aug 2022
This resulted in gas prices hitting as high as 79k Gwei from their low points of 25 Gwei on the same...
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6 Min
NFTs
May 2022
Median gas prices on Ethereum have remained at elevated levels after spiking to reach 35 Gwei on Oct....During 2021, gas prices were frequently over 100 Gwei.
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5 Min
Proof-of-Stake
Nov 2022
On the flip side, the average gas price over the last week has only been 10-12 gwei....The average gas price since 2020 has been 76 gwei.
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4 Min
Macro & Markets
Sep 2022
BoLD has a maximum depth of 3 with a base fee assumption of 500 Gwei per gas....For reference, Gwei per gas today is 12....There is a base fee assumption of 200 Gwei per gas, and the first depth of the game has a baseline cost...
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24 Min
Layer 2 / L2
Jun 2024
Gas prices have significantly decreased from their peak last month of 218 Gwei to just around 60 Gwei...
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4 Min
Stablecoins
Feb 2022
...trade, the total transaction fee paid will both rise and fall in tandem with the base fee (measured in gwei...If the base fee is 10 gwei, the ETH transfer will cost 0.00021 ETH (21,000 * 10 gwei) and the Uniswap...trade 0.00127 ETH (127,000 * 10 gwei)....If gas prices rise to 20 gwei, they’ll now cost 0.00042 ETH and 0.00254 ETH, respectively.
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52 Min
Layer 1 / L1
May 2023
For comparison, a DEX swap costs ~$70 (~70 gwei gas price) on Ethereum while the same on Solana or Terra...
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4 Min
Infrastructure
Dec 2021
On the flip side, the average price of gas in the week following the Merge was only 10-12 gwei....However, the average daily gas price since the beginning of 2020 is 76 gwei....Even if the amount of staked ETH doubles, and we use the average gas price of 76 gwei, ETH net issuance...
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21 Min
Macro & Markets
Oct 2022
While the average gas price bottomed out at 11 gwei, transactions settled for even 7-8 gwei for short...
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4 Min
Infrastructure
Jun 2021
The median gas price on ETH in 2023 was 21 gwei....Deploying Token Bound Accounts in a single multicall costs 133,000 gas units (~$5.30 at 20 gwei/$2,000...
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37 Min
NFTs
Dec 2023
Over $2 billion of BTC exposure liquidated today
Deribit futures trade at -75% basis
Gas hits 1700 gwei...Key Takeaways
Gas eclipsed 2000 gwei briefly and was between 1500 and 1700 gwei for about an hour.
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2 Min
DeFi
May 2021
Average ETH gas fees in October jumped to 22.5 GWEI, which was nearly a 2x increase over September....Since Nov. 8th, the average ETH gas fee was 53 GWEI, which has resulted in ~5.3k ETH burned per day.
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20 Min
Macro & Markets
Nov 2022
Ethereum is Congested
It costs $10 to do a simple ETH transfer again, and median gas is now up to 150 gwei...with occasional spikes to 1000-5000 gwei (not a typo).
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4 Min
Infrastructure
Sep 2021
(Note: gas expenditures are not to be confused with gwei, or the price of gas in ETH.)...
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5 Min
DeFi
Apr 2022
...got liquidated by liquidation bots, gas prices on Fantom experienced a large spike—averaging at 3.8k Gwei...
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7 Min
Money Markets
May 2022
Average gas has spiked and is consistently above 50+ Gwei since then and the increased fees have likely...
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4 Min
Layer 1 / L1
Oct 2021
As opportunities popped up in every nook and corner, arbitrageurs were paying as much as 3000 gwei per...When multiple transactions are paying the same amount of gwei for gas, Ethereum miners running Go Ethereum...The median gas price peaked in Feb. 2021 at 300 gwei, and rising costs were further extended by ETH’s...
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7 Min
Block Production
Apr 2021