Coinbase Brings Spot Trading to ETHGas Governance Token

Coinbase Markets is set to introduce spot trading for ETHGas (GWEI) on February 24, 2026. This move comes after adding GWEI to its listing roadmap on February 11 and making it available on Coinbase Futures since the same date.

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 token has a fixed maximum supply of 10 billion, with around 1.75 billion currently in circulation.

The Coinbase spot listing is expected to expand retail access to GWEI, which has already seen significant derivatives activity. GWEI's market cap is approximately $53 million at current prices near $0.030.