Ethereum & Smart Contracts

Gas Price

Also: Base Fee, Priority Fee

What you pay per unit of gas, quoted in gwei. Since the 2021 London upgrade (EIP-1559) it has two parts: a base fee that is burned, set by network demand, and an optional tip to the validator for faster inclusion.

General education, not investment, legal or tax advice. Markets and regulation change quickly: where a definition depends on current law or on a recent event, check the latest coverage before relying on it.