What Is a "Gas Fee" and How Does It Impact the Cost of Trading on a DEX? ▴ Learn

What Is a “Gas Fee” and How Does It Impact the Cost of Trading on a DEX?

A gas fee is the transaction cost paid to the blockchain network's validators or miners to process and confirm a transaction on the blockchain. On a DEX, every interaction ▴ depositing, swapping, or withdrawing ▴ requires a gas fee.

High network congestion can cause these fees to spike, making small trades uneconomical and impacting the overall cost of trading, especially for options with low premiums.

What Is a “Gas Fee” and How Is It Related to Transaction Nonces?

What Role Do Transaction Fees Play in Arbitrage Profitability?

How Does the Concept of “Gas” Fees Contribute to Network Security?

What Are “Gas Fees” and How Do They Relate to Smart Contract Execution on a Blockchain?