What is ETHGas (GWEI)?

ETHGas is an Ethereum infrastructure project that turns blockspace into something closer to a market than a scramble. Instead of users guessing gas fees and hoping for inclusion, ETHGas lets blockspace be committed ahead of time. It’s already live, not theoretical. The GWEI coin exists to coordinate this system, but the real point is execution reliability. So why does it matter? Because Ethereum’s gas problem hasn’t gone away, it’s just been tolerated.

Is ETHGas actually live, or still an early-stage idea?

It’s live and trading. GWEI is available on several centralized exchanges, mostly paired with USDT, and there are also futures markets. That matters more than hype announcements. Once a coin is traded across multiple venues, you’re dealing with real market feedback, not a closed beta. ETHGas has crossed that line.

How is the token supply split up?

The allocation is fairly straightforward. About a third goes to the ecosystem, a bit over a quarter to investors, and just over a fifth to the team. The rest is split between community incentives, the foundation, and advisors. Worth pausing here: this isn’t an ultra-low team allocation, but it’s not extreme either. The structure clearly prioritizes long-term ecosystem funding over fast circulation.

What does vesting look like, and when does supply really hit?

Most of the supply is still locked. Team, investor, and advisor allocations haven’t started unlocking yet, with larger releases expected roughly a year out. Near-term unlocks are smaller and mostly tied to ecosystem and community programs. That creates a quieter short-term supply picture, followed by heavier pressure later. It’s not hidden risk—just delayed.

Who backed ETHGas financially?

ETHGas raised $12 million in a Seed round completed in late 2025. Polychain Capital led the round, joined by Amber Group, BlueYard, Tokka Labs, SIG, Stake Capital, Keyrock, Node.Capital, and BTCS. That list mixes traditional crypto venture capital with firms that actually operate in markets. You don’t always see that combination, and it suggests this wasn’t just a narrative-driven raise.

Was there an airdrop or early distribution?

Yes. ETHGas participated in a Binance Alpha airdrop in early 2026 and has continued distributing tokens through community-focused programs. This wasn’t a single one-off event. The community allocation is actively used, which explains why smaller unlocks show up earlier than the larger team or investor cliffs.

What’s the point of the ETHGas point farming program?

At first glance, it looks like another points campaign. Dig a little deeper and it’s more targeted than that. Users generate a Gas ID, connect wallets, and earn Beans based on historical gas usage, not just sign-ups. That’s intentional. ETHGas is trying to map real Ethereum behavior to future participation, not inflate numbers with empty wallets.

How do referrals and quests actually play into adoption?

They’re lightweight by design. Referrals reward users for bringing in others who actually generate Gas IDs, and quests nudge people to interact rather than idle. After a certain point, referral rewards scale differently, which limits pure spam. It’s not revolutionary, but it’s practical—and that’s often enough.

What’s the broader roadmap from here?

ETHGas is focused on expanding validator participation and deepening blockspace commitment tooling. There’s also ongoing work around governance and execution features, but it’s being rolled out gradually. No aggressive timelines, no dramatic pivots. That kind of pacing is boring, but boring infrastructure tends to survive longer in crypto.

What risks are worth paying attention to?

The obvious one is future unlocks. Large allocations for investors and the team are postponed, not eliminated. When they arrive, markets will react. There’s also operational risk: ETHGas depends on validators, coordination, and infrastructure behaving as expected. Trading is active today, but long-term value depends on whether blockspace markets become something people actually use, not just talk about.