Gas

The fee you pay to make things happen on a blockchain, like sending crypto, minting an NFT, or interacting with a smart contract. It’s often called the fuel of blockchain because it powers every transaction on the network.

Gas prices rise and fall based on network demand. When things get busy, like during token launches or NFT mints, gas fees can spike. That can make small transactions suddenly feel not so worth it.

Related Terms

Gasless Transaction

A type of blockchain transaction where the user doesn’t pay the gas fee themselves. Instead, the fee is covered by the app or protocol (sometimes behind the scenes) so the user can interact without needing crypto in their wallet.

Gas Limit

The max amount of gas you’re willing to spend on a transaction. Set it too low, and your transaction might fail. Set it too high, and well, hope it doesn’t get front-run.

Gas Fees

The cost of doing anything on a blockchain, like sending crypto, minting NFTs or interacting with smart contracts. It’s often called the fuel of blockchain because it powers every transaction on the network.