GGlossary · 2 min read

Lesson 6 of 17

What is gas?

Gas is the fee a network charges to execute your transaction. On Robinhood Chain it is paid in ETH and charged even when a transaction fails.

305 words · about 2 minutes·Article updated 20 August 2026
Definition

Gas is the fee a network charges to execute a transaction. On Robinhood Chain it is paid in ETH, priced per unit of computation, and taken whether the transaction succeeds or fails. A typical transaction costs about pending.

Your bill is units used multiplied by the price per unit. A plain transfer uses few units; a swap that routes through more than one pool uses more; a launch that mints, pools and locks in one transaction uses more again. Price per unit moves with demand, which is why the same action can cost different amounts an hour apart. Two cases catch people out: a reverted transaction still consumes gas, so a swap that fails on a tight slippage setting costs real money for nothing, and service fees are separate — Team Finance charges its own fees on top of gas, never instead of it.

Robinhood Chain is a layer 2, executing transactions on its own and posting results to Ethereum for settlement, so fees here track Ethereum's data costs rather than being fixed.

Where you'll see it on Locksley

The live average fee, with every other chain-level figure explained one at a time, sits on Robinhood Chain by the numbers. Funding a wallet with ETH before anything else is step one of get money onto Robinhood Chain, and bridging a token without bridging gas is the single most common way to arrive stuck.

Frequently asked questions

Is gas the same as a trading fee?

No. Gas is paid to the network for executing your transaction, regardless of what that transaction does or whether it succeeds. A trading fee is charged by the pool you trade against and goes to its liquidity providers. Service fees are a third thing again: Team Finance prices its token-management products separately, with gas payable in ETH on top.

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Who wrote thisWritten and maintained by the Locksley editorial team. Locksley is built by TrustSwap, which also owns Team Finance — the tool linked above.