What does "Gas" mean in DeFi?

FAQ: What does "Gas" mean in DeFi?

Gas refers to the transaction fee required to execute operations on a blockchain network, such as trades or transfers. It is commonly paid in the blockchain’s native currency (e.g., ETH for Ethereum).

For example: "Gas: $11.69" means you paid $11.69 in transaction fees for this rule.

Gas fees fluctuate based on network congestion, with higher fees during busy periods.

FAQ: What does "Average" mean in Gas Fees?

The Average gas fee refers to the average transaction fee across all trades for the specific rule you are viewing.

For example: "Average $1.36" means that $1.36 is the average amount you paid in gas fees for each transaction executed as part of this rule.

This metric helps you assess how much you are paying per transaction over time, giving you insight into the rule's overall cost-efficiency and helping you compare it to other rules or market conditions.