Coinbase Opens Spot Trading for ETHGas (GWEI) as Ethereum Blockspace Protocol Gains Exchange Foothold
Coinbase has announced that spot trading for ETHGas (GWEI) will become available on February 24, 2026. The GWEI-USD pair will open at or after 9 a.m. PT, subject to liquidity conditions.
The listing comes about two weeks after Coinbase added GWEI to its listing roadmap on February 11. ETHGas is an Ethereum (ETH) infrastructure protocol launched on mainnet in 2025, which introduces a forward market for Ethereum blockspace.
GWEI is the governance token of the ETHGas protocol and allows holders to stake it to receive veGWEI, granting voting power over protocol parameters. The token has a fixed maximum supply of 10 billion, with approximately 1.75 billion currently circulating.