What is the current price of ETHGas (GWEI)?

The current price of ETHGas (GWEI) is 0.035109438228163856 AUD, representing a +26.08 from the day prior.

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What is the daily trading volume of ETHGas (GWEI)?

The trading volume of ETHGas (GWEI) is 47.9M AUD in the last 24hrs, representing a +26.08 from the day prior.

How can I buy ETHGas (GWEI)?

ETHGas (GWEI) can be purchased on Coinstash with AUD or by trading other cryptocurrencies for it. Coinstash offers various AUD deposit methods including bank transfers, POLi and PayID.

What is the market cap of ETHGas (GWEI)?

The current market cap of ETHGas (GWEI) is 59.7M AUD.

Can I convert ETHGas (GWEI) to cash?

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How many ETHGas (GWEI) are there?

The current circulating supply of ETHGas (GWEI) is 1.8B.

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Buy ETHGas (GWEI)

What is ETHGas?

ETHGas is a protocol focused on Ethereum gas and blockspace. It is described as a new primitive that turns Ethereum blockspace into a tradable commodity by breaking blockspace into atomic parts, enabling instant settlement, and supporting a large gas rebate programme.

Its stated purpose is to help Ethereum operate more like a realtime network while enabling gasless user experiences and instant settlement, with an emphasis on supporting institutional adoption and onboarding large numbers of users.

How does ETHGas work?

ETHGas operates on Ethereum and introduces a blockspace marketplace where blockspace is decomposed into atomic units that can be traded and reserved. The system supports primary and secondary markets that expose blockspace markets for the next 64 Ethereum slots via a trading app.

Key mechanics described include:

Primary and secondary blockspace markets: Participants can trade blockspace and preconfirmations for upcoming Ethereum slots.
Wholesale blockspace purchases: Buyers can obtain sequencing rights and fast transaction guarantees, supporting faster execution for their transactions and user activity.
Gas rebates: Partner protocols fund gas rebates through ETHGas to subsidise gas fees for targeted transaction types and communities.

Security and infrastructure elements include integration with EigenLayer Vision AVS and the use of restaked ETH from validators to support secure realtime operations. ETHGas is also reported as audited by Sigma Prime, and the project states it adheres to Ethereum network standards and uses state-of-the-art encryption for user security.

What are the potential use cases for ETHGas?

Potential use cases described include:

Blockspace trading and execution guarantees: Validators and traders can buy and sell blockspace and preconfirmations to secure faster, more predictable transaction inclusion.
Gas rebates and sponsored transactions: Protocols can fund gas rebates to subsidise fees for users and incentivise particular onchain actions.
Realtime-style settlement experiences: Applications can design flows that expect near-instant settlement by leveraging guaranteed blockspace and preconfirmations.

Sectors highlighted include DeFi, institutional and enterprise blockchain use, and consumer-facing dApps seeking to reduce gas friction and improve user experience through rebates and faster execution guarantees.

What is the history of ETHGas?

ETHGas is presented as a mission-driven effort to enable a realtime, gasless Ethereum and to transform Ethereum blockspace into a tradable commodity, though specific founding dates and detailed team background are not provided.

Notable milestones and indicators mentioned include:

Community growth: The project cites a community of 283K+ users with engagement across X, LinkedIn, Telegram, and Discord.
Security audit: The protocol is reported as audited by Sigma Prime.
Product releases: A trading app providing markets for at least the next 64 Ethereum slots, alongside support documentation for onboarding validators and traders.

The described evolution focuses on introducing atomic blockspace trading, wholesale sequencing rights, and expanding gas rebate mechanisms, with integration of EigenLayer restaking and AVS-based security positioned as part of its realtime Ethereum infrastructure direction.