GWEI
$0.02

ETHGas (GWEI) Price

$0.02
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ETHGas (GWEI) Price Today

The live price of ETHGas is 0.02 USD. In the past 24 hours, the trading volume of ETHGas was 26,965,776.84 USD, up by 1.53%. The current price has decreased by -20.48% from its 7-day high of 0.03 USD, and increased by 0.01% from its 7-day low of 0.01 USD. With a circulating supply of 10,000,000,000.00 ETHGas, the market cap of ETHGas is currently -- USD, down by 0% in the last 24 hours. ETHGas currently ranks #691 by market capitalization among cryptocurrencies.

ETHGas (GWEI) Market Data

Market Cap
$46.7M
24h Volume
$26.9M
Circulating Supply
1.7B GWEI
Maximum Supply
10B GWEI
Fully Diluted Market Cap
$267M
Liquidity Indicator
57.70%
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About ETHGas (GWEI)

How can I buy ETHGas (GWEI)?

Buying ETHGas (GWEI) on BingX is simple and secure. Create an account, deposit USDT or another supported asset, and purchase ETHGas (GWEI) directly in the Spot Market. The tokens will then appear in your BingX Spot Wallet, ready for trading or transfer at anytime. Discover How to Buy GWEI Guide for more information.

What Is ETHGas (GWEI) and How Does It Work?



ETHGas (GWEI) is a blockchain infrastructure protocol designed to turn Ethereum blockspace into a programmable, tradable economic layer. Instead of treating gas purely as a fluctuating transaction fee, ETHGas introduces a system where blockspace can be structured, coordinated, and governed at the protocol level. Its native token, GWEI, is used for governance and ecosystem participation within the ETHGas network.

At a high level, ETHGas works by creating a framework for realtime Ethereum execution, aiming to improve predictability, efficiency, and coordination around how blockspace is consumed. The protocol focuses on reducing inefficiencies caused by volatile gas auctions by enabling more structured mechanisms such as gas abstraction, blockspace coordination, and incentive alignment across users, builders, and infrastructure participants.

The GWEI token plays a central role in this system. It allows holders to participate in governance decisions, influence protocol parameters, and help guide the long-term evolution of the ETHGas ecosystem. While the name overlaps with “gwei” as a unit of Ethereum gas, GWEI in this context refers specifically to the ETHGas governance token, not standard Ethereum transaction fees.

When Did ETHGas Launch?


ETHGas is an Ethereum blockspace infrastructure protocol founded by a team of Wall Street financial engineers and Silicon Valley tech veterans focused on transforming how Ethereum blockspace and gas markets work. Its governance token, GWEI, was officially introduced in January 2026 as part of a Token Generation Event (TGE) and the community distribution campaign called “The Genesis Harvest.” The launch followed a successful $12 million funding round backed by prominent investors including Polychain Capital, aimed at accelerating ETHGas’s mission of enabling predictable, fast, and more efficient Ethereum execution.

ETHGas (GWEI) Roadmap Highlights


- 2024–2025 – Protocol Build & Funding: Strategic development of core infrastructure and securing early capital (e.g., $12 M seed round).

- Late 2025 – Mainnet & Pre-Launch Activities: Community engagement and preparatory events leading up to the token launch.

- January 2026 – $GWEI Token Launch & Genesis Harvest: Official introduction of the GWEI governance token with community snapshot events and the start of decentralized governance.

- 2026 Onward – Realtime Ethereum Vision: Expansion of governance modules, blockspace markets, and tools that enable predictable execution and reduced gas friction across Ethereum.

What Is the GWEI Token Utility?


The GWEI token is the governance token of the ETHGas protocol, designed to give holders a stake in shaping the future of the network. Holders can participate in decentralized governance, voting on key protocol parameters, upgrades, treasury allocations, and strategic decisions, especially when they lock or stake their GWEI to receive vote-escrowed GWEI (veGWEI), which increases voting power and aligns incentives with long-term ecosystem growth.

You can trade ETHGas on the BingX Spot market by simply navigating to the GWEI/USDT trading pair, choosing a Market or Limit order, entering the amount you want to buy or sell, and confirming the order. This allows you to instantly trade GWEI with other cryptocurrencies or stablecoins directly within your BingX Spot wallet.

What Is ETHGas Tokenomics?


The total supply is capped at 10 billion GWEI, with no inflationary minting beyond this limit. Token distribution is structured to balance community ownership, ecosystem growth, and sustainable development, ensuring that governance power is not overly concentrated.

GWEI Token Allocation


- Ecosystem – 31%: Allocated to long-term builder incentives, developer programs, and ecosystem adoption, with a 10-year linear unlock to support sustainable growth.

- Investors – 27%: Reserved for early backers who funded ETHGas infrastructure, subject to a 1-year cliff (10% unlock) followed by a 2-year linear vesting period.

- Team – 22%: Distributed to the core team building and maintaining the protocol, with a 1-year cliff (10% unlock) and a 2-year linear vesting schedule to align long-term incentives.

- Community – 10%: Dedicated to multi-season rewards for early adopters and active participants, unlocked through a 4-year linear vesting program.

- Foundation – 8%: Allocated for treasury operations, protocol sustainability, and exchange liquidity, with a Day 1 unlock for immediate operational needs.

Advisors – 2%: Reserved for strategic advisors supporting protocol expansion, subject to a 1-year cliff (10% unlock) followed by a 2-year linear vesting period.

How Does ETHGas Differ From Ethereum Gas Fees?


ETHGas is not the same as Ethereum gas fees, even though the names sound similar. Ethereum gas fees are the transaction costs paid in ETH to execute operations on the Ethereum network, with prices measured in gwei and fluctuating based on network demand. These fees are determined by Ethereum’s base fee and priority tip mechanism and are required for every on-chain transaction, regardless of the application being used.

ETHGas, by contrast, is an infrastructure protocol focused on how Ethereum blockspace is coordinated and governed, not a fee you pay to send transactions. Its GWEI token is used for governance and ecosystem alignment, allowing participants to influence how blockspace markets evolve, how incentives are structured, and how execution becomes more predictable over time. In short, Ethereum gas fees are a network cost, while ETHGas is a protocol layer designed to improve how that cost is managed and optimized.

What Blockchain Network Does ETHGas Operate on?


ETHGas operates on the Ethereum blockchain, leveraging Ethereum’s base layer security, decentralization, and execution environment. The protocol is designed to work directly with Ethereum’s blockspace and gas mechanics, building an additional coordination and governance layer on top of the network rather than launching a separate blockchain. This allows ETHGas to integrate seamlessly with existing Ethereum infrastructure, wallets, and applications while focusing on improving how blockspace is allocated and managed.

How to Store GWEI Tokens Securely


One of the easiest and most secure ways to store GWEI tokens is directly on BingX after purchasing or depositing them. By keeping GWEI in your BingX account, you benefit from exchange-level security measures, including cold wallet storage, multi-layer risk controls, and account protection tools such as two-factor authentication (2FA). This option is especially convenient if you plan to actively trade GWEI on the BingX Spot market or manage your holdings alongside other crypto assets.

For users who prefer self-custody, GWEI can also be stored in Ethereum-compatible wallets that support ERC-20 tokens, such as hardware wallets or reputable software wallets. This approach gives you full control over your private keys and is better suited for long-term holding, but it also requires careful key management, secure backups, and awareness of phishing or smart-contract risks when interacting with decentralized applications.

Is ETHGas (GWEI) a Good Investment?


ETHGas (GWEI) can appeal to investors because it tackles a core inefficiency in the Ethereum ecosystem, how blockspace and gas are priced and coordinated, by creating a structured market layer with governance participation. Its governance-centric tokenomics, strategic ecosystem allocations, and focus on long-term alignment through vesting schedules aim to foster sustainable growth and community engagement. If Ethereum’s usage continues to expand, protocols that improve transaction predictability and efficiency, like ETHGas, may capture demand beyond simple speculation, giving GWEI potential utility as a governance and coordination asset within DeFi infrastructure.

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