Coinbase Lists ETHGas Spot Trading Amid Growing Interest in Ethereum Blockspace Protocol
Coinbase has announced that spot trading for ETHGas (GWEI) will go live on February 24, 2026. The GWEI-USD pair will open at or after 9 a.m. PT, subject to liquidity conditions.
ETHGas is an Ethereum 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.
GWEI is the governance token of the ETHGas protocol, with a fixed maximum supply of 10 billion tokens. Approximately 1.75 billion GWEI are currently circulating, representing about 17.5% of the total supply.