Tag: Dex

UNDERSTANDING ETHEREUM GAS FEES: STRATEGIES TO MINIMIZE COSTS

Ethereum’s gas fees have been a hot topic since they reached a record high on May 12, 2021, with an average gas price of 373 gwei, as reported by Etherscan. Such spikes in fees can make transactions and smart contract executions prohibitively expensive, costing users anywhere from $50 to several thousands of dollars. In today’s digital landscape, navigating these costs is essential…