This resulted in gas prices hitting as high as 79k Gwei from their low points of 25 Gwei on the same...

While the average gas price bottomed out at 11 gwei, transactions settled for even 7-8 gwei for short...

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.

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.

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...

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...

CryptoKitties network congestion when over 50,000 transactions happened in a single day gas reached 60 gwei...February 2021 with significantly developed DeFi and NFT ecosystems and average gas costs have reached 250 gwei...

Currently on Uniswap,1 uGAS-MAR21 = 0.076 ETH (76 gwei)....He buys 10 ETH worth of uGAS-MAR21, going long gas at 131.6 of those tokens (=10 ETH /0.076 gwei)....Let’s say ETH gas prices rise this month to a 30-day median price of 0.15 ETH (125 gwei)....Mark’s tokens now total 19.7 ETH (=131.6 gwei x0.15 ETH).

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...

For comparison, a DEX swap costs ~$70 (~70 gwei gas price) on Ethereum while the same on Solana or Terra...

Gas prices have significantly decreased from their peak last month of 218 Gwei to just around 60 Gwei...

Gas hits 1700 gwei. BTC exchange inflows at highest level since March 2020.

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).

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.

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.

Despite miners voting up the gas limit, Gas prices have ballooned from an average of ~10-15 Gwei  in...March to ~50-75 Gwei in July.

CryptoKitties network congestion when over 50,000 transactions happened in a single day gas reached 60 gwei...February 2021 with significantly developed DeFi and NFT ecosystems and average gas costs have reached 250 gwei...

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...

Average gas has spiked and is consistently above 50+ Gwei since then and the increased fees have likely...

...this current fee environment, open and closing positions would cost around $100 when gas is at 500 gwei...