Coinbase Brings ETHGas Trading to Retail Investors
Coinbase has announced that spot trading for ETHGas (GWEI) will go live on Tuesday, February 24, 2026. This move comes just two weeks after Coinbase added GWEI to its listing roadmap on February 11.
GWEI is the governance token of the Ethereum infrastructure protocol ETHGas, launched in 2025. It allows validators, builders, and searchers to buy and sell block inclusion rights ahead of time, rather than competing in real-time spot auctions at block production.
The token has a fixed maximum supply of 10 billion, with approximately 1.75 billion (17.5%) currently circulating. At current prices near $0.030, GWEI's market cap is around $53 million.