ETHGas GWEI

What GWEI actually is on-chain

ETHGas is an ERC-20 deployed on Ethereum, at contract address 0x2798b1cC5A993085E8A9D46e80499F1B63f42204. That address, not the ticker GWEI, is what uniquely identifies this asset: anyone can deploy a second token calling itself GWEI, but the contract is unforgeable. Verify it against etherscan.io before sending funds or approving a spend.

Because it lives on Ethereum, GWEI is held in any EVM-compatible wallet, transfers are paid for in ETH rather than in GWEI itself, and secondary liquidity sits in Uniswap-style AMM pools. Two consequences follow for anyone setting alerts: you need ETH in the same wallet to move the token at all, and a quoted price taken from a pool is a pool price — it includes slippage that an order-book quote would not.

For GWEI the project publishes a public source repository and an active account as @ethgasofficial. That is a partial paper trail — enough to check claims against, not enough to audit. None of it is a quality judgement about the asset; it is simply what can be independently checked before the chart is worth looking at.

Where GWEI sits in the market

#160 places ETHGas in the upper mid-cap band. Liquidity is already fragmented at this depth: a large share of real GWEI volume can sit on two or three venues, so a quote on a secondary exchange may lag the primary market by seconds and by more than a basis point. Position size matters more than entry timing here.

CryptoPingAi is currently streaming 3 live GWEI order books (Gate.io, HTX, Bithumb). That is coverage in line with a #160 ranking: enough books to cross-check a quote, few enough that one of them can dominate price formation for hours at a time. One of them is a Korean won market, so the Kimchi-premium spread between the KRW and USDT quote is visible on this page.

GWEI against its all-time high

GWEI trades 92.7% below its $0.2466 record (on 2026-06-29), which puts a 13.6x recovery between spot and that level. A drawdown of this size is usually a structural break rather than a correction — the market that set the high and the market trading today are not the same market. Using that print as a price objective is not a conservative assumption, it is a very aggressive one. The high is recent — within the last six months — so the price action around it is still live market memory and the levels are being actively traded.

GWEI across its historical range

The recorded range runs 17.0x, from $0.0145 to $0.2466 — wide by the standards of traditional assets, moderate for this one's class.

GWEI trades within 25.0% of the all-time low of $0.0145 set on 2026-07-31. Below that mark the chart is blank — no prior trading means no support level to cite, no volume shelf and no cluster of cost basis to lean on. Because that low is itself recent, the asset is in an active downtrend rather than sitting at an old floor — each new low invalidates the previous one as a reference.

GWEI supply structure

GWEI is capped at 10.00 billion GWEI, of which only 2.10 billion is circulating — 21.0% issued, leaving 7.90 billion still to come. At that ratio the emission schedule is a primary driver of the supply story, not a footnote: new supply arrives continuously and has to be absorbed by new demand before price can hold a level.

What kind of asset GWEI is

ETHGas is a DeFi protocol token, which ties it to total value locked and to the interest-rate environment on-chain. These assets carry a beta to the market plus a second exposure that is easy to miss: protocol risk. A contract exploit or an oracle failure repriced instantly and independently of any market move, and that tail is a real component of holding the token.

CoinGecko files GWEI under 6 categories, including Infrastructure, Decentralized Finance (DeFi), BNB Chain Ecosystem, Derivatives, Ethereum Ecosystem. CoinGecko also records deployments on BNB Chain (2,027 tracked tokens), Ethereum (3,072 tracked tokens), so on-chain liquidity is split across several networks and the cheapest venue depends on which deployment you are trading. Worth flagging from the metadata: GWEI has been featured in Binance Alpha Spotlight.

How to set a ETHGas alert that is worth receiving

ETHGas is the ERC-20 at 0x2798…2204 on Ethereum — quoted on 3 venues we stream — high dated 2026-06-29 — rank #160. On this profile the condition that carries signal is thresholds anchored to the recent range rather than to the all-time high.

Full alert-design method: thresholds, RSI/MACD and volume conditions →