ETHGas GWEI
Rank #528 by market cap
Last 7 days
CM Profile: ETHGas
Cryptominium Profile. What we have established, measured and written about GWEI, and what we have not.
- Measured
- Selling $100,000 of GWEI on BNB Chain returned 7.3% less than the quoted price, on 24 October 2026.
- Selling $100,000 of GWEI on Ethereum returned 83.7% less than the quoted price, on 24 October 2026.
- Selling $100,000 on Kraken's order book lost 68.25%, on 24 October 2026.
- Its price, recorded by us every day since 9 August 2026.
- Written, with sources
- Not established
Read from our own records when this page was made. It describes what we know, and is not a view on whether to hold GWEI. How each part is worked out
What changed
Week to 25 OctoberNothing we measure moved much this week: exchange depth on Coinbase, exchange depth on Kraken, trading volume, reported supply and price are all within their usual range.
From our own measurements only, each against the month before. We do not say why a price moves. How this is worked out · Every coin this week
What it actually costs to sell GWEI
Selling $100,000 of GWEI returned 7.3% less than the quoted price — Costly. Measured 2026-10-24 on BNB Chain.
Selling GWEI on exchanges
Selling $100,000 of GWEI into each exchange’s resting bids, measured against the mid price:
| Exchange | Lost | Got back | Measured |
|---|---|---|---|
| Kraken GWEI/USD | 68.3% | $31,749 | 2026-10-24 |
| Coinbase GWEI/USD | the book could not absorb it | 2026-10-24 | |
Exchange figures need an account there (and KYC, a permitted country, the tokens already deposited), are before trading fees, and are never averaged with the on-chain figure. Binance is not included: it refuses requests from the region our servers are in. How this is measured →
Watch this number instead of remembering it. A free account keeps GWEI on a list, records where it stood the day you added it, and emails you if selling it on these exchanges gets materially harder — one message, not a series. The measurement itself stays public; the account is for being told when it moves without you looking.
What ETHGas is
ETHGas is a Blockspace Infrastructure protocol built for Ethereum. It decomposes Ethereum blockspace into tradable, composable block units, with the stated aim of enabling real-time block production and building toward a crypto-native commodities market for gas. Its token is GWEI.
The protocol's premise is treating gas as a financial primitive rather than a per-transaction fee. Mechanically this is meant to support faster block times — sub-second confirmations, compared with Ethereum's roughly 12-second blocks — through real-time sequencing. On top of that, ETHGas describes a futures and forward market for gas, intended to produce a native Ethereum yield curve, and a gas abstraction layer called the Open Gas Initiative, which would shift gas-cost volatility away from end users and onto protocols. The broader idea is to commoditize blockspace the way energy or metals are commoditized in traditional markets.
What this amounts to in practice is not established by the source material: it describes intended mechanisms and market structures, not measured throughput, adoption, or trading volume on any gas futures market. ETHGas is deployed on both Ethereum and BNB Chain, and is classified by data providers under infrastructure, DeFi, derivatives, and ecosystem tags rather than as a single-purpose asset — which means its value proposition spans several distinct bets (sequencing speed, a new derivatives market, gas abstraction) that could succeed or fail independently of each other. A yield curve for gas and a futures market for blockspace are financial constructs that depend on liquidity and participation to function as described; none of that activity is quantified here. This is a description of a protocol design, not a record of it operating at scale.
Where GWEI lives
On Ethereum, Base and BNB Chain, GoPlus's analysis of each contract is read weekly: whether it has a function to block addresses or pause transfers, and whether an owner holds it. That is GoPlus's reading, not ours. Where a token exists on several chains, one copy's settings say nothing about the original coin.
Always verify a contract address against the project's own site before sending anything. Addresses are shown as published by CoinGecko, not as an endorsement — and identical-looking tokens on other chains are the most common way people lose money here.
Price change
ETHGas data synced 4m ago from CoinGecko. Figures shown in USD. This page is market information, not financial advice — and nothing here is a recommendation to buy or sell GWEI.