Real-Time Gas Fee Tracker

Monitor gas fees across multiple blockchain networks

Why Use GasFee.Watch?

Real-Time Updates

Get instant gas fee updates across all supported networks with our advanced tracking system.

Multi-Chain Support

Track gas fees across multiple blockchain networks from a single dashboard.

Smart Notifications

Set custom alerts and get notified when gas fees match your preferred thresholds.

Browser Extension Coming Soon!

Track gas fees directly from your browser. Get notified when fees are low.

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Real-time gas fee notifications
Customizable price alerts
Historical gas fee trends
Multiple network support
Easy-to-use interface
Free to use

What Are Gas Fees? ⛽

Gas fees are small amounts of cryptocurrency paid to execute transactions on blockchain networks. They incentivize validators or block producers to process and secure the network. Gas fees are critical for maintaining the efficiency, decentralization, and security of blockchain systems such as Ethereum, Avalanche, and others.

How Do Gas Fees Work?

Gas fees operate like fuel for your car. Just as you need enough fuel to reach your destination, blockchain transactions require "gas" to be processed. Each transaction uses a specific amount of gas, determined by its complexity and the resources it consumes.

  • Sending tokens typically requires minimal gas.
  • Complex smart contract interactions demand higher gas limits and fees.

Why Do Gas Fees Fluctuate?

Gas fees are dynamic and vary based on network activity:

  • High demand: When a network is congested, more users compete for block space, driving fees higher.
  • Low demand: During off-peak times, fees drop, making transactions more affordable.

Ethereum and EIP-1559: A Major Gas Fee Upgrade

Ethereum's gas fee system underwent a transformative upgrade on August 5, 2021, with the London Hard Fork and the introduction of EIP-1559.

Key Components:

  • Base Fee: A mandatory fee determined by network demand
  • Priority Fee: An optional tip for faster processing
  • Max Fee: The maximum amount a user is willing to pay

How Are Gas Fees Calculated?

Gas Fee = Gas Price × Gas Limit

Example: 50 GWEI × 21,000 = 1,050,000 GWEI (0.00105 ETH)