ETHGas is settlement infrastructure making Ethereum’s blockspace tradeable, enabling users of Ethereum and distributed compute applications to trade, acquire, sell-forward and hedge any quantum of computation and storage on the blockchain. ETHGas addresses Ethereum’s processing constraints and gas price volatility, through transaction futures (“pre-confirmations”) across a range of maturities and precise order execution. ETHGas enables Ethereum’s wholesale participants to reduce risks within the transaction pipeline, enhance staking yields, while reducing gas price volatility for enterprises and eliminating gas fees for consumers. ETHGas works in close alignment with the Ethereum Foundation and follows Ethereum co-founder Vitalik Buterin’s call for a gas futures market.
ETHGas marks the advent of Ethereum’s blockspace futures markets and establishes blockspace as a unique and tradeable asset key to the viability of proof-of-stake blockchains. ETHGas is led by Kevin Lepsoe, a financial engineer and former head of Morgan Stanley’s structured derivatives business in Asia. He leads a team of engineers and quantitative developers drawn from Morgan Stanley, Deutsche Bank, HKEx and Lockheed Martin. ETHGas’s mission is to advance Ethereum into a real-time network unlocking the next stage of its evolution.
The project aims to reduce risks in the transaction pipeline for wholesale participants, enhance staking yields, and decrease gas volatility for enterprises—while potentially eliminating consumer gas fees. This initiative aligns with the Ethereum Foundation and Vitalik Buterin’s vision for a gas futures market, signaling blockspace as a tradable asset class in the proof-of-stake era.
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