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Top 5 Tools to Track Gas Prices Across Ethereum and Layer 2 Networks

January 18, 20248 min readGas Optimization

Gas fees can make or break your profitability in DeFi. With Ethereum mainnet fees ranging from $5 to $500+ per transaction, and Layer 2 solutions offering different fee structures, having the right gas tracking tools is essential. Here are the top 5 tools to monitor gas prices and optimize your transaction timing.

Quick Comparison

ToolChainsBest ForPrice
ChainUnified13+ chainsMulti-chain tradersFree
Etherscan Gas TrackerEthereum onlyETH mainnet usersFree
L2BeatAll L2sL2 comparisonFree
BlocknativeEthereumDevelopersFreemium
GasNowMulti-chainQuick checksFree

#1. ChainUnified Gas TrackerBest Overall

Key Features

  • Real-time gas prices for 13+ chains
  • Side-by-side L1/L2 comparison
  • Historical gas charts
  • USD cost calculations
  • Gas price alerts

Supported Chains

EthereumArbitrumOptimismBasePolygonBSCAvalanchezkSyncLineaScrollMantleCronosFantom

Why It's #1: ChainUnified offers the most comprehensive multi-chain coverage with a clean interface. Perfect for traders who operate across multiple networks and need quick gas comparisons.

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#2. Etherscan Gas Tracker

Pros

  • • Most trusted source for Ethereum
  • • Detailed gas price breakdown
  • • Time estimates for confirmations
  • • Gas price oracle API

Cons

  • • Ethereum mainnet only
  • • No L2 comparison
  • • Basic interface
  • • No price alerts

Best for: Ethereum mainnet users who need accurate gas estimates for different transaction speeds (slow, average, fast).

#3. L2Beat Gas Comparison

Pros

  • • Comprehensive L2 coverage
  • • Cost comparison charts
  • • Security analysis included
  • • TVL and activity metrics

Cons

  • • Focus on analytics, not real-time
  • • No mainnet comparison
  • • More research-oriented
  • • No API access

Best for: Researching which L2 to use for long-term cost savings and understanding the trade-offs between different Layer 2 solutions.

#4. Blocknative Gas Estimator

Pros

  • • Advanced prediction algorithms
  • • WebSocket real-time updates
  • • Developer-friendly API
  • • MEV protection insights

Cons

  • • Ethereum-focused
  • • Requires signup for full features
  • • More technical interface
  • • Limited free tier

Best for: Developers and advanced users who need programmatic access to gas predictions and want to integrate gas optimization into their dApps.

#5. GasNow

Pros

  • • Simple, clean interface
  • • Browser extension available
  • • Mobile-friendly
  • • Quick gas estimates

Cons

  • • Limited chain support
  • • Basic features only
  • • No historical data
  • • Occasional downtime

Best for: Casual users who want a quick gas price check before making transactions, especially on mobile devices.

How to Use Gas Trackers Effectively

Understanding Gas Metrics

Gas Price (Gwei)

The amount you pay per unit of gas. On Ethereum: Low (10-20), Average (20-40), High (40+)

Gas Limit

Maximum gas units for your transaction. Simple transfer: 21,000. Smart contract: 100,000+

Total Cost

Gas Price × Gas Limit = Total Gas Fee (in ETH/native token)

Best Times to Transact

Weekends

Saturday/Sunday typically have 30-50% lower fees

Off-Peak Hours

2-6 AM EST usually sees the lowest activity

Avoid NFT Drops

Popular mints can spike gas to 200+ gwei

Market Volatility

High volatility = high gas from arbitrage bots

Layer 2 Gas Savings Comparison

Average transaction costs compared to Ethereum mainnet:

Arbitrum90-95% cheaper
Optimism90-95% cheaper
Base95-98% cheaper
Polygon PoS99% cheaper
zkSync Era95-98% cheaper

Pro Tip: Use our gas tracker to see real-time comparisons and find the cheapest chain for your transaction type.

Pro Tips for Gas Optimization

1. Batch Transactions

Combine multiple operations into one transaction when possible. Many DeFi protocols support multicall.

2. Use Gas Tokens (Advanced)

CHI or GST2 tokens can reduce gas costs by up to 50% when used properly (Ethereum only).

3. Set Custom Gas Limits

Don't overpay - set gas price 1-2 gwei above current "safe low" for non-urgent transactions.

4. Monitor Network Upgrades

Major upgrades like EIP-4844 can significantly reduce L2 costs. Stay informed about upcoming changes.

5. Use Alternative Chains

For non-critical operations, consider using Polygon, BSC, or other low-fee chains.

Conclusion

Gas tracking tools are essential for anyone serious about DeFi and Web3. While Ethereum mainnet remains expensive, Layer 2 solutions and alternative chains offer significant savings. The key is having the right tools to monitor prices across all networks and time your transactions optimally.

For most users, a multi-chain gas tracker like ChainUnified provides the best balance of features, coverage, and ease of use. Combine it with chain-specific tools when you need deeper insights, and you'll never overpay for gas again.

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Top 5 Tools to Track Gas Prices Across Ethereum and Layer 2 Networks | ChainUnified | ChainUnified Blog