Glossary
What is Gas?
Gas is the fee you pay to execute a transaction on an EVM chain, priced in the chain's native coin — MON on Monad.
Every operation a transaction performs costs gas; you pay gas used × gas price. The fee compensates validators for computation and storage and protects the network from spam.
Monad is built for high throughput and low fees, so deploying a token, adding liquidity, or swapping costs only a small amount of MON.
Keep reading
Related terms
- MONMON is the native coin of the Monad blockchain, used to pay gas fees and as the base asset most tokens are paired against in liquidity pools.
- Wei and GweiWei is the smallest unit of an EVM coin (10⁻¹⁸), and Gwei is one billion wei (10⁻⁹), the unit gas prices are usually quoted in.
- EVMThe EVM (Ethereum Virtual Machine) is the runtime that executes smart contracts; EVM-compatible chains like Monad run the same bytecode and tooling as Ethereum.
- Smart contractA smart contract is code deployed on a blockchain that runs exactly as written when called, with no operator able to alter or stop it.