⛽Smart Gas

Smart Gas: Optimized Gas Usage for Every Transaction

Gas fees are an unavoidable part of interacting with the Ethereum network, and ensuring your transactions are processed at the right time, with the most efficient gas usage, is critical. That’s where Smart Gas comes in—Sonar’s intelligent system designed to optimize gas fees and ensure you’re not overspending on transaction costs.

How Does Smart Gas Work?

Smart Gas continuously monitors gas price trends over the last 24 hours. Based on these trends, it helps you execute trades only when gas fees fall within your chosen threshold. This ensures that each transaction is processed at the most optimal gas price for your strategy and preferences.

Gas Threshold Tiers

You can choose from four different threshold tiers based on your tolerance for gas costs and how urgently you need the transaction to be executed:

• Low: Sonar monitors the 24-hour average gas price and will only execute trades when gas is within +10% of this average. This is ideal for users looking to minimize costs and are willing to wait longer for execution.

• Moderate: If time is somewhat of a factor, but you still want to keep costs relatively low, the Moderate tier sets the threshold at +15% over the average 24-hour gas price.

• High: For users needing more speed in their transactions but still conscious of cost, the High setting will execute trades when gas prices are within +20% of the 24-hour average.

• Very High: When speed is essential, and you need the transaction to happen as soon as possible, the Very High setting kicks in at +25% over the average gas price.

Global Threshold Limit

In addition to these custom tiers, Sonar implements both a global gas price cap and a minimum threshold.

• The maximum threshold is set at 50 gwei. Regardless of the tier you select, Smart Gas will not execute any transaction if the gas price exceeds 50 gwei. This helps you avoid executing trades in extremely volatile conditions where gas prices can surge unexpectedly. The system will wait until fees drop below this global cap, ensuring that you're not overpaying for transaction costs.

• The minimum threshold is set at 10 gwei. If the gas price falls below 10 gwei, Smart Gas will not take into account the 24-hour average or your custom thresholds. In this case, the transaction will execute at the current gas price, ensuring your trades go through during periods of unusually low gas prices.

Note: Based on the network's long-term average, Sonar may adjust and raise the global gas cap to better align with evolving market conditions. This flexibility ensures that the threshold remains suitable and effective as the Ethereum network landscape changes.

Why Smart Gas Matters

With fluctuating gas fees being a major issue on the Ethereum network, Smart Gas ensures you remain in control of your trading costs. Whether you’re trying to minimize expenses or expedite a transaction, Sonar’s Smart Gas system gives you flexibility. By leveraging real-time gas data and allowing you to set personalized thresholds, you avoid costly surprises and ensure that your trades align with both market conditions and your financial goals.

Optional Feature

It’s important to note that Smart Gas is an optional feature on Sonar. You can choose to disable it if you prefer to execute trades without gas monitoring. Simply toggle it off in your settings, and Sonar will process transactions based on the default network gas price at the time of execution.