ETH Fee Forecaster

Forecasting Ethereum gas fee rates based on mempool data

ETH Fee Forecaster provides optimal gas fee rate suggestions over a 6-hour forecast horizon (at minute intervals; updated every minute) based on a simulation of future Ethereum mempool dynamics. To date, ETH Fee Forecaster is the only solution that provides a comprehensive framework for understanding Ethereum gas fees in the near future. Our API provides an easy way to access the forecasts, giving you an essential source of alpha.

How To Use: ETH Fee Forecaster is best used with existing gas estimators such as ethgas.app, Blocknative's Gas Estimator, or any Ethereum-compatible wallet that provides fee estimation functionality. Our API endpoint provides 3 different probability levels (high, med, and low) for a transaction being verified at that timestamp with the provided fee rate, assuming a block is validated. This differs greatly from existing fee estimators, typically giving you suggested fee rates to verify your transactions in the next 1-6 blocks. ETH Fee Forecaster can identify a particular time or fee range of interest within the 6-hour window; within this range, existing fee estimators can be used to provide a fee suggestion. Note: ETH Fee Forecaster has no customized logic on top of the forecast that fits your particular product or use case. Just as the weather app does not tell you to go outside or not, our forecaster does not tell you when to submit transactions. Please connect with the team for further details.

Disclaimer: ETH Fee Forecaster is currently in Beta. Technical fixes, documentation revisions, and feature improvements are continuously being made to the product. Please contact Matt (Head of Blockchain Research; [email protected]) to connect with the team.