What ETHGas governs
ETHGas (GWEI) is a DeFi protocol governance token, currently ranked 135th by market capitalization among the assets we track. ETHGas sits at the center of a decentralized-finance application. The token coordinates governance, sometimes routes protocol revenue to holders, and ties its value to how much the underlying protocol is actually used.
How value is supposed to accrue
The economic question is whether ETHGas captures the value its protocol creates. Total value locked and fee revenue are the inputs; the token's design decides how much of that reaches holders.
Background & fundamentals
In sector terms it is most often filed under DeFi, Governance, and Binance Coin (BNB) Token (BEP-20).
Where ETHGas sits in the market
With GWEI near $0.1540, ETHGas carries a market capitalization of $269.47M. Around $8.72M changes hands across exchanges in a typical 24-hour window. That is a turnover of about 3.24% of the float — a healthy level of activity for an asset this size.
Almost the entire GWEI supply is already in circulation (~100.0% of the 10B cap), so future dilution is effectively off the table. GWEI trades about -29% below its all-time high of $0.2169, within reach of prior peaks. Measured from its all-time low of $0.0259, GWEI is up +495%.
What the price history shows
Across timeframes, GWEI shows 24-hour +18.51%, 7-day +46.92%, 30-day -12.31%. Within its stored 131-day daily history, GWEI mounted a low-to-high run of roughly 622% at its strongest stretch.
Volatility profile
Recent action puts ETHGas in the Extreme-volatility band — it is in a high-volatility regime — these are the conditions where outsized gains and losses both become more likely. Over the last 30 days the move totals -12.31%, a useful input for stop placement and position sizing.
How to evaluate a DeFi token like ETHGas
The honest checklist for GWEI is short:
- Protocol revenue — fees the application actually earns, and whether any of it reaches GWEI holders.
- Total value locked — how much capital trusts the protocol — and how sticky it is versus mercenary yield.
- Token utility — whether GWEI is load-bearing (governance over real value, fee rights) or decorative.
This page pulls live market data, on-chain stats where available, exchange-by-exchange volume, and our forecast model into one view so you can work through those questions in a single place. None of it is investment advice — it is a structured starting point for your own research.
