The vocabulary of the Ethereum Price API

The 2 fields and concepts you'll meet in the response — defined in plain English, each with a real example value.

2 terms
Ethereum1

Gas Fees

Transaction fees paid in ETH to execute operations on the Ethereum network.

Gas fees vary based on network congestion and transaction complexity. Smart contract interactions cost more than simple transfers. Displaying gas costs in fiat currencies helps users understand transaction costs.

ExampleGas cost: 0.005 ETH ($17.71 at current rates)

Market Data1

Market Capitalization

Total value of all ETH in circulation, calculated as current price multiplied by circulating supply.

Ethereum typically has the second-largest market cap after Bitcoin. Market cap helps assess the relative size and stability of cryptocurrencies.

ExamplemarketCap: 425600000000 ($425.6B)

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