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Glossary Term

Gas Fee

A gas fee is the cost users pay to process and confirm transactions on a blockchain; on Solana, gas fees are exceptionally low, making the network ideal for fast and affordable trading, DeFi, and decentralized application (dApp) usage.

Beginner
Technology
Crypto Terminology

Gas Fee: what is it?

Examples

  • 1

    Executing multiple token swaps in a Solana DEX for less than $0.01 in total gas fees.

  • 2

    Minting NFTs or interacting with DeFi protocols on Solana with negligible costs per action.

  • 3

    Transferring SPL tokens or SOL between wallets with almost no fee overhead.

Common Use Cases

Paying for swaps, transfers, NFT mints, and DeFi activities on Solana dApps.
Rewarding validators for processing transactions.
Using microservices and smart contracts that require on-chain verification.

Pro Tips

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Always keep a small amount of SOL in your wallet to cover gas fees for on-chain activities.

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Check estimated gas fees before confirming transactions—while they’re low, network congestion could cause slight fluctuations.

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Leverage Solana’s efficient structure to batch or automate routine transactions.

Frequently Asked Questions

Related Terms

TPS (Transactions Per Second)
dApp (Decentralized Application)
Zero Confirmation Transaction
Bridge
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