Coinbase Adds Spot Trading for ETHGas Governance Token

Coinbase is expanding its offerings by adding spot trading for ETHGas (GWEI) to its platform, starting February 24. This move follows the token's listing on Coinbase Futures on February 11 and comes roughly two weeks after it was added to the exchange's roadmap.

GWEI is the governance token of the ETHGas protocol, which allows validators, builders, and searchers to buy and sell block inclusion rights ahead of time. The protocol routes a low single-digit percentage of Ethereum blockspace through its pipeline as of late 2025.

The listing on Coinbase expands retail access to GWEI, a token that has already seen significant derivatives activity. At current prices near $0.030, GWEI's market cap is approximately $53 million.