Coinbase Lists ETHGas Spot Trading Amid Growing Ethereum Blockspace Protocol
Coinbase Markets has announced that spot trading for ETHGas (GWEI) will go live on Tuesday, February 24, 2026, with the GWEI-USD pair opening after 9 a.m. PT, subject to liquidity conditions.
This listing comes roughly two weeks after Coinbase added GWEI to its listing roadmap on February 11, and follows the token's existing availability on Coinbase Futures since that date.
ETHGas is an Ethereum (ETH) infrastructure protocol launched on mainnet in 2025. It introduces a forward market for Ethereum blockspace, allowing 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.
GWEI is the governance token of the ETHGas protocol. It has a fixed maximum supply of 10 billion, with approximately 1.75 billion currently circulating, representing around 17.5% of its total supply, according to CoinMarketCap.