【ChainWen】Recently, the Ethereum ecosystem has introduced a new gameplay. ETHGas completed a $12 million seed round led by Polychain Capital and launched Ethereum’s first block space futures market. This idea is quite innovative—the platform attracted approximately $800 million in non-cash liquidity commitments from validators and block builders, allowing users to trade execution rights for up to 64 blocks in advance.
What does this mean? Users can lock in execution rights ahead of time, which can help optimize transaction costs by stabilizing Gas fees, and also assist validators and block builders in improving their yields. From a broader perspective, this product is gradually advancing Ethereum’s “real-time execution” architecture upgrade, helping to enhance the network’s overall efficiency and fairness.
Such innovative trading mechanisms are still relatively rare in the DeFi ecosystem. If it operates smoothly, it could bring a lot of new possibilities to Ethereum’s priority market.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
13 Likes
Reward
13
7
Repost
Share
Comment
0/400
RooftopReserver
· 12-20 11:41
With such high gas fees, can it still be locked? Sounds good, but I don't know how the slippage will be.
View OriginalReply0
FarmToRiches
· 12-18 15:23
Gas fee locking sounds good, but it's hard to say how much it can actually save. I'm afraid this might just become a game for the big players again.
View OriginalReply0
SlowLearnerWang
· 12-17 21:14
Another thing I don't understand is launching... block space futures? Basically, it's still about playing with gas fees. Anyway, my gas fees are still expensive.
View OriginalReply0
MemeKingNFT
· 12-17 13:34
It's both futures and liquidity again, sounds like hype... I just want to know if the actual trading volume can hold up.
View OriginalReply0
ser_ngmi
· 12-17 13:32
Hmm... You're here to cut our Gas fees again, this time with a new trick. It sounds nice—stabilizing costs and improving efficiency—but in the end, isn't it just middlemen profiting from the difference?
View OriginalReply0
RugPullAlarm
· 12-17 13:14
Wait, $800 million liquidity commitment? We need to see which addresses this money actually went to. Can on-chain data tell us?
View OriginalReply0
BlockchainRetirementHome
· 12-17 13:12
Another new concept to cut leeks? Basically, it's packaging Gas costs into futures for speculation. It sounds sophisticated, but we don't know how long it can last.
ETHGas raises $12 million in funding and launches the first Ethereum block space futures market
【ChainWen】Recently, the Ethereum ecosystem has introduced a new gameplay. ETHGas completed a $12 million seed round led by Polychain Capital and launched Ethereum’s first block space futures market. This idea is quite innovative—the platform attracted approximately $800 million in non-cash liquidity commitments from validators and block builders, allowing users to trade execution rights for up to 64 blocks in advance.
What does this mean? Users can lock in execution rights ahead of time, which can help optimize transaction costs by stabilizing Gas fees, and also assist validators and block builders in improving their yields. From a broader perspective, this product is gradually advancing Ethereum’s “real-time execution” architecture upgrade, helping to enhance the network’s overall efficiency and fairness.
Such innovative trading mechanisms are still relatively rare in the DeFi ecosystem. If it operates smoothly, it could bring a lot of new possibilities to Ethereum’s priority market.