Web3's Most Accurate Gas Fee Prediction

Yes, always. To transact on the Polygon network, you are charged a fee, which is paid out to a miner who processes and validates the transaction. It is important to note that not all transactions will cost the same amount of gas. Depending on the size of the transaction and the number of transactions actively competing to be submitted on-chain, gas fees will vary.

Gwei is the smallest denomination of MATIC that is equivalent to 1/1,000,000,000 of 1 MATIC (1 MATIC = 1,000,000,000 gwei). All transaction fees on the Polygon network are denominated in gwei.

Since one unit of gwei is an extremely small amount of MATIC (0.000000001 MATIC), it is much simpler to interpret and transact in terms of gwei rather than fractions of a fraction of MATIC.

Polygon gas fees are lowest when there is the least amount of competition in the mempool. Users can monitor gas fees to receive MATIC gas price alerts right in their browsers through Blocknative’s gas price extension for Chrome, Brave, or Firefox.

No, gas is not refunded for failed transactions on Polygon, since miners had to use resources to process the transaction before it ultimately failed. However, any excess gas will be refunded to the originator. Learn more about transaction errors and how to avoid them.

You can track Polygon gas fees live with Blocknative’s Gas Estimator, available through the web version, or as a browser extension for Chrome, Brave, and Firefox. Sign up for a free Blocknative account to get gas notifications directly through your extension.