Gwei

Gwei

Definition:

Each Ethereum token is made up of 1 billion gwei. It’s also the unit that Ethereum gas fees are charged in. Pronounce like “way” with a g before it. The standard gas transaction is 21,000 gwei. Sometimes used in jokes as a substitute for the word way.

Degen Chat

Gas was cheap today. It only cost the same as the NFT I minted. This is the gwei.”

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