Insights · Technology
Understanding Gas Fees
The price of computation on a blockchain — and why it moves.
A gas fee is the payment required to process and validate a transaction on a blockchain. It compensates the network for the computation and storage a transaction consumes, and protects the network from spam.
What drives fees
- Demand — when many users transact at once, fees rise.
- Complexity — more computation means more gas.
- Network capacity — limited block space is auctioned.
How Layer 2s help
By batching many transactions and settling them together on the base layer, Layer 2 networks spread the base-layer cost across many users — dramatically reducing per-transaction fees.
On the Syrax chain
Gas on the Syrax chain is paid in its native token, SRX, on an efficient zero-knowledge Layer-2 designed for low cost.
Learn more: read Layer 1 vs Layer 2, or browse the glossary.
This article is for informational purposes only and does not constitute financial, legal, or investment advice.