# ETHGas (GWEI) — crypto price, market cap and strength versus Bitcoin

> ETHGas trades at $0.0269 with a market capitalisation of $292M (rank 136). Over 90 days it is -62.4% against Bitcoin and sits below its 200-day average. Perps/Derivatives as a theme is -4.4% against Bitcoin over 13 weeks. Price readings run through 2026-08-14.

## Agent research brief

- What this coin is: ETHGas (GWEI), a Perps/Derivatives token of $292M at market-cap rank 136. No protocol activity data is published for it.
- What the tape says: -62.4% versus Bitcoin over 90 days; below its 200-day average. Perps/Derivatives as a theme is -4.4% against Bitcoin over 13 weeks.
- What the evidence supports: 38.5/100 inside Perps/Derivatives on 43% evidence (0% of it native activity). Treat this as a tape-led lead. Require native activity confirmation before upgrading research priority.
- What is missing: There is no valuation band for any coin on this site: historical market capitalisation is not held, so no PE-style range can be built. ETHGas publishes no fee, revenue, TVL or user series at all.

Theme: Perps/Derivatives (/crypto/sector/perps-derivatives). Price 2026-08-14; market-cap snapshot 2026-07-04.

## Price, returns and risk

ETHGas's one-year return is withheld because the series is incomplete. Annualised 30-day volatility is 299%. Its deepest fall from a high inside the last 90 days is 92%. It trades below its 200-day average.

- Price: $0.0269
- Market cap: $292.0M (rank 136)
- Returns: 7d -18%; 30d -38%; 90d -82%; 180d +6.8%; 1y —
- RS versus Bitcoin, 90d: -62%
- 30-day volatility: 299% annualised; deepest 90-day fall 92%
- 200-day average: $0.0734, trading below it

## Protocol economics

No protocol fee, revenue, TVL, user, DEX-volume or transaction series is published for ETHGas, so this page shows none rather than inventing one. That is the normal case in crypto: fewer than one coin in seven has any of it.


## Research score

ETHGas: 38.5/100 — Tape-led · on-chain proof incomplete; 5.0 + 15.0 + 10.0 + 8.5 = 38.5; evidence 43%; native evidence 0%; rank 7 of 8 rated Perps/Derivatives coins
Decision use: Treat this as a tape-led lead. Require native activity confirmation before upgrading research priority.
This weakens if: The read weakens if 90-day RS versus BTC falls below zero with two weekly closes below the 200-DMA, or native activity contracts for two complete calendar quarters.

No valuation band exists for any coin on this site: historical market capitalisation is not held, so no company-style valuation range can be built.

## Perps/Derivatives scorecard

ETHGas is one of 12 Perps/Derivatives coins here, 8 of which carry enough evidence to be rated and ranked. ETHGas ranks 7 of those 8 on 43% evidence. The table below is the theme's own scorecard, in its own order, with this coin marked.

- 1. GMX (GMX): score 57.6; evidence 30%; Illiquid · research only
- 2. Gains Network (GNS): score 54.6; evidence 91%; Illiquid · research only
- 3. Genius (GENIUS): score 54.3; evidence 43%; Tape-led · on-chain proof incomplete
- 4. Avantis (AVNT): score 49.3; evidence 81%; Mixed · market gate closed
- 5. Fulcrom (FUL): score 46.3; evidence 50%; Illiquid · research only
- 6. Mango (MNGO): score 45.2; evidence 50%; Illiquid · research only
- 7. ETHGas (GWEI) [this coin]: score 38.5; evidence 43%; Tape-led · on-chain proof incomplete
- 8. SynFutures (F): score 35; evidence 50%; Illiquid · research only

## Limitations

- Crypto network activity is not company earnings. Protocol revenue does not automatically accrue to token holders.
- Market capitalisation is a dated snapshot, not a point-in-time historical supply series, so yields computed against it inherit that lag.
- No valuation band exists for any coin: historical market capitalisation is not held at all.
- Funding rates, open interest, liquidations, exchange flows, unlock schedules and developer activity are not held and are not inferred.
- The research score is relative to this coin's own theme only. It is not comparable across themes and is not an entry signal.

## FAQs

### What is ETHGas (GWEI)?

ETHGas is a Perps/Derivatives cryptocurrency tracked here by price, market capitalisation and strength against Bitcoin, with no protocol activity data published for it. It is one of 12 Perps/Derivatives coins on this site. Readings are as of 2026-08-14.

### What is the market cap of ETHGas?

ETHGas's market capitalisation is $292M, ranking it 136 in the top-1,000 crypto universe. That figure is a dated snapshot from 2026-07-04, refreshed separately from the daily price series, so it can lag the price shown above.

### Is ETHGas beating Bitcoin?

ETHGas is -62.4% against Bitcoin over 90 days, and its own theme, Perps/Derivatives, is -4.4% over 13 weeks. It trades below its 200-day average as of 2026-08-14.

### Does ETHGas have a P/E ratio?

No. There is no company-style P/E or PEG for a crypto token, and no valuation band is shown on this page because the data to build one honestly does not exist: historical market capitalisation is not held, only a current snapshot. Where a protocol publishes fees or revenue, this page shows the yield against that dated snapshot instead.

### What is ETHGas's research score?

38.5/100 within Perps/Derivatives, ranked 7 of 8 rated Perps/Derivatives coins, on 43% evidence: 5.0 + 15.0 + 10.0 + 8.5 = 38.5. It is labelled “Tape-led · on-chain proof incomplete”. The score ranks research attention inside one theme, never portfolio action.

### How much ETHGas history does this page show?

Five years of weekly closes where they exist, plus 20 complete calendar quarters of on-chain activity for the metrics ETHGas actually publishes. No protocol fee, revenue, TVL or user series is published for this token, so none is shown.