ETHGas

ETHGas builds markets for blockspace — letting participants buy execution capacity in advance rather than bidding at the moment they need it. Gas is a commodity with volatile pricing and no forward market, which is an unusual gap for something so widely consumed.

Blockspace behaves like a commodity without a commodity market

Every other volatile input that businesses depend on — electricity, fuel, shipping capacity — has forward and hedging markets so buyers can fix costs. Gas has none, so an application whose economics depend on transaction costs cannot budget or hedge them at all.

Preconfirmation and guaranteed inclusion

Buying blockspace ahead of time means securing that a transaction will be included, rather than bidding against everyone else during congestion. For applications where execution timing has financial consequences — liquidations, arbitrage, settlement — that certainty has measurable value.

Who this serves

Protocols needing reliable liquidation execution, market makers requiring timely settlement, and applications whose users expect predictable costs. These are professional participants rather than ordinary users, which is where derivative markets typically begin.

Creating a market introduces its own dynamics

A market in guaranteed inclusion advantages participants who can pay for it, and it formalises an advantage that already operates informally through priority fees. Whether that is an improvement in fairness or a formalisation of an existing inequality is a genuine question rather than a rhetorical one.

Who it suits

Sophisticated participants with a specific need to fix or guarantee execution costs. Ordinary users are unlikely to interact with it directly and may be affected by how it reshapes fee markets.