What are gas fees and why do they sometimes spike?
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2 Answers
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Gas fees are the money you pay to validators to include your transaction in a block. I first felt it during a DeFi swap where gas spiked because everyone tried to trade during a price swing. I learned to watch the mempool, queue a slower swap, or use a layer-2 like Arbitrum when possible.
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Gas fees are the price of gas on Ethereum; they spike with high network demand, limited block space, and value-based priority auctions in the mempool.
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