🥇
Kra
Kraken
US and EU users who prioritise a spotless security record — no major hack since 2011 — and want a serious pro-grade trading terminal.
9.1
Score
★ Live priceRank · #349InfrastructureUSD · spot
Gas
GAS
$1.03
24h
−1.94%
7d
−0.78%
30d
−1.89%
1y
−69.43%
24h low24h high
$1.02
$1.05
Market cap
$66.88M
Rank #349
24-hour volume
$1.92M
spot and derivatives
Circulating
65.09M
100.0% of max
All-time high
$91.94
−98.88% from ATH
Price action
12-month historyGas price chart
Range$0.980091 → $1.78−36.25%
$1.78$1.58$1.38$1.18$0.980091
May 1, 2026July 24, 2026
Snapshot
Key numbers
Rank
#349
Market cap
$66.88M
24h volume
$1.92M
FDV
$66.88M
Circulating
65.09M
Max supply
65.09M
Calculator
Gas converter
Convert between GAS and US dollars at the live rate.
★ Live rate1 GAS = $1.03
GAS
$USD
Records
Gas all-time history
▲ All-time highJanuary 14, 2018
$91.94
−98.88% from current
▼ All-time lowMarch 12, 2020
$0.621309
+65.30% from current
Where to buy
Full ranking Top exchanges for Gas
Independent editorial ranking. Score is 0–10 across six criteria: Security, Fees, UX, Features, Support, Reputation.
- 🥈CoiCoinbase Exchange
Institutions and funds requiring an SEC-registered venue with segregated qualified custody and audited on-chain reserves.
9.0Score - 🥉BinBinance
Active spot traders chasing the deepest global liquidity and the widest listing catalogue outside the US perimeter.
8.8Score - #4OKXOKX
Traders who mix spot and on-chain — the Web3 wallet, DEX aggregator and Ethereum L2 X Layer sit inside the same account as CEX pairs.
8.4Score - #5BitBitstamp
Long-horizon EU holders who want the oldest continuously-operating exchange (2011) with conservative listings and full MiCA licensing.
8.4Score - #6BybBybit
Derivatives-first traders who want tighter perp funding and a maker-friendly fee schedule; accept offshore regulatory footprint.
8.0Score
Adjacent
More Infrastructure
Top coins in the same category, ordered by market cap.
Briefing
About Gas (GAS)
What is GAS (NEO Gas)?
GAS is the utility and fee token of the NEO blockchain, one of the earliest smart contract platforms outside Ethereum, originally launched in 2014 as AntShares before rebranding to NEO in 2017. NEO uses a dual-token model: NEO is the governance and voting token (indivisible, 100 million cap), while GAS is the divisible utility token used to pay for transaction fees, smart contract execution, and network storage on NEO N3.
GAS is generated continuously as a block reward distributed to NEO holders and the NEO Committee. NEO holders receive GAS passively by holding NEO on a compatible wallet — this is often described as NEO's staking model, though it is technically a block-generation reward rather than proof-of-stake. GAS has its own maximum supply, and its generation rate is defined in the NEO N3 protocol.
GAS price today
GAS trades on Binance, OKX, Gate, and several other exchanges. Live price on this page aggregates across GAS/USDT order books and refreshes every 60 seconds.
Key price drivers for GAS:
- NEO network activity. Higher smart contract execution and transaction volume on NEO N3 increases GAS consumption and demand.
- NEO price correlation. GAS and NEO prices are strongly correlated since NEO holders generate GAS. When NEO rises, GAS generation becomes more valuable.
- dApp development on NEO N3. New decentralized applications launching on NEO require GAS for contract deployment and calls, driving network demand.
- Exchange listings and trading pair depth. GAS liquidity varies significantly across venues.
- BTC and altcoin cycle. GAS is a mid-cap Layer 1 utility token and follows broader risk-on/risk-off movements.
The widget above streams current GAS price; levels referenced in analysis below use price at page load.
NEO dual-token model: NEO vs GAS
NEO's dual-token design separates governance rights from utility. NEO (100 million cap, indivisible) represents ownership and voting power in the network. GAS (divisible, generated through block rewards) is the fuel for everything that runs on the chain. This separation is intentional: NEO voters set the rules, while GAS absorbs the economic activity of using the network.
- NEO: governance, voting for council members, indivisible (no fractions), fixed 100M supply.
- GAS: transaction fees, contract execution, storage rent, divisible to 8 decimal places.
- GAS generation: NEO holders receive GAS proportional to their NEO stake in each block.
- GAS burn: network fees paid in GAS are partially redistributed to NEO Committee and partially removed from circulation.
NEO N3 upgrade and GAS mechanics
NEO N3 launched in 2021 as a major protocol overhaul that replaced the original NEO Legacy chain. N3 introduced native contracts (NativeContracts), a new NeoVM version, storage rent paid in GAS, improved interoperability through the Poly Network bridge, and a revamped NEO Committee governance system. GAS economics changed significantly in N3: storage rent is an ongoing GAS cost for keeping data on-chain, which introduced a continuous burn mechanism absent in Legacy.
NEO N3 targets enterprise and government blockchain use cases. Its primary competition is from Ethereum L2s, Hyperledger Fabric, and specialized enterprise chains. For context on other Layer 1 utility tokens, see Avalanche (AVAX) and our exchange ratings.
How to earn GAS by holding NEO
Holding NEO in a compatible wallet automatically generates GAS as a block reward. The rate depends on the number of NEO held and the current block generation schedule. This is the simplest passive income mechanism in the NEO ecosystem and requires no active staking, delegation, or lock-up beyond holding NEO in a non-custodial wallet.
- Hold NEO in a N3-compatible wallet (NeoLine, O3 Wallet, Neon Wallet, or hardware wallets with NEO support).
- GAS accumulates in the wallet automatically with each new block.
- Claim GAS manually from the wallet interface (N3 requires manual claims rather than auto-distribution).
- CEX holdings: some exchanges (Binance, OKX) pass through GAS generation to users; others do not. Check your exchange's policy.
How to buy GAS
GAS is available on major exchanges and is easy to purchase with USDT or via crypto swap.
- Choose an exchange. Binance, OKX, and Gate list GAS/USDT with reasonable liquidity. Compare platforms in our exchange ratings.
- Complete identity verification. Standard KYC on any regulated exchange.
- Deposit USDT or BTC. Both are available as base pairs for GAS on most exchanges.
- Buy GAS. Use a limit order in the GAS/USDT pair. Liquidity is moderate — large orders should use limit or TWAP execution.
- Withdraw to a non-custodial wallet. To earn NEO-generated GAS, buy NEO and hold it in NeoLine, O3, or Neon Wallet. Holding GAS itself on a CEX does not generate additional GAS.
For price scenarios, see our GAS price forecast.
Risks of holding GAS
GAS carries the standard risks of a Layer 1 utility token on a chain that has seen its market share shrink relative to Ethereum, Solana, and newer L1s.
- Declining developer activity. NEO has fewer new dApp launches than Ethereum L2s or Solana. Reduced on-chain activity lowers GAS demand from contract execution.
- Chain competition. Enterprise blockchain solutions increasingly use Hyperledger Fabric, Ethereum L2s, or Polygon CDK. NEO must compete for the same institutional deployment market.
- NEO price dependency. GAS generation value is directly tied to NEO price and NEO holder behavior. A sustained NEO bear market reduces the value of GAS generation income.
- Liquidity risk. GAS order books are shallower than major Layer 1 assets. Large positions face higher slippage.
- Ecosystem concentration. The NEO Foundation retains significant influence over NEO N3 development and Committee composition, introducing centralization risk relative to fully permissionless chains.
- N3 migration completion. Some Legacy-era applications had not fully migrated to N3. Fragmented ecosystem reduces total GAS utility.
This page provides information only, not financial advice. Utility tokens on mature but lower-activity Layer 1 chains carry adoption risk and liquidity risk.
Analysis last updated:
Gas price analysis
Gas (GAS) trades at $1.03 with a 24-hour volume of $1.92M and a market capitalization of $66.88M. The asset is currently ranked #349 among all tracked cryptocurrencies.
In the last 24 hours, the GAS price has fallen +1.94%. On a seven-day window, Gas has retraced +0.78%, under sustained selling pressure on both windows. Short-term moves are often amplified by liquidity, news flow, and derivatives positioning, so confirm signals across multiple indicators before acting.
Gas's all-time high of $91.94 was set on January 14, 2018. The current price sits +98.88% below that peak. Distance from the all-time high is a common reference point when evaluating long recoveries and macro support or resistance.
How to buy Gas
Buying Gas (GAS) is a five-step routine once you have picked the right venue and pair. The steps below mirror what most investors do today.
- Pick a reputable exchange. Choose a platform that lists GAS with deep liquidity, transparent fees, and a clean security record. Our top-rated exchanges guide compares the leading venues side by side.
- Create and verify your account. Complete the exchange's KYC process — most platforms require a government-issued ID and a short identity check. It is a one-off step that usually takes a few minutes.
- Fund your account. Deposit fiat via bank transfer or card, or use a stablecoin like USDT or USDC. Stablecoin deposits settle the fastest and cost the least.
- Place a buy order. Open the GAS/USD or GAS/USDT pair, then execute a market order for instant fills or a limit order at your preferred entry.
- Secure your GAS. For long-term holdings, move tokens to a non-custodial wallet — a hardware device for highest security, or a reputable software wallet for frequent access.
You can also use the Gas converter above to estimate how much GAS you would get for a given dollar amount before placing the order.
Is Gas a good investment?
Whether Gas is a good investment depends on your goals, time horizon, and tolerance for volatility. Like all cryptocurrencies, GAS carries real market risk: prices can rise or fall sharply in a day, and past performance is not a reliable indicator of future returns.
Potential strengths
- Ranked #349 by market cap with an established trading history and active exchange coverage.
- Transparent on-chain data: real-time supply, circulation metrics, and publicly auditable transactions.
- Ongoing ecosystem development and community engagement, reflected in Infrastructure and Smart Contract Platform activity.
Key risks to consider
- Volatility: 5–15% intraday moves are common across crypto markets.
- Regulatory uncertainty: policy changes in major jurisdictions can meaningfully affect price and access.
- Liquidity and custody risk: not all exchanges are equally safe, and self-custody requires careful key management.
This page provides data and analysis for educational purposes only. It is not financial advice. Always do your own research, diversify, and never invest more than you can afford to lose.
FAQ
Common questions about Gas
What is GAS in crypto?
GAS is the utility and fee token of the NEO blockchain. It is used to pay for transactions, smart contract execution, and on-chain storage on NEO N3. GAS is generated as a block reward and distributed to NEO holders, making it the passive income component of holding NEO.
What is the difference between NEO and GAS?
NEO is the governance and voting token of the NEO blockchain. It is indivisible and capped at 100 million. GAS is the divisible utility token used for network fees and smart contract costs. NEO holders receive GAS as a block reward; GAS is consumed every time someone uses the NEO network.
How do I earn GAS by holding NEO?
Hold NEO in a N3-compatible non-custodial wallet such as NeoLine, O3 Wallet, or Neon Wallet. GAS accumulates with each block and must be manually claimed from the wallet interface. Some centralized exchanges also pass through GAS generation — check your exchange's specific policy.
What is NEO N3?
NEO N3 is the major 2021 protocol upgrade to the NEO blockchain. It introduced native contracts, storage rent (an ongoing GAS cost for on-chain data), a new NeoVM, a revamped NEO Committee governance system, and improved interoperability. N3 replaced the original NEO Legacy chain.
Where can I buy GAS?
GAS is listed on Binance, OKX, Gate, and several other exchanges in GAS/USDT pairs. Liquidity is moderate — Binance is the deepest venue. GAS is not typically available on Coinbase.
What is GAS used for on the NEO network?
GAS pays for transaction fees, smart contract invocation costs, and storage rent on NEO N3. Every interaction with the NEO blockchain that consumes computation or storage costs GAS. It is the economic fuel of the entire NEO ecosystem.
What is the total supply of GAS?
GAS has a defined maximum supply determined by the NEO N3 block generation schedule. Unlike NEO, GAS is continuously generated over time at a decreasing rate. Some GAS is permanently removed through network fee burns and storage rent mechanisms introduced in N3.
Is GAS a good investment?
GAS is a bet on NEO N3 ecosystem growth and on-chain activity. The bull case is increasing enterprise adoption and dApp activity on NEO. The bear case is continued developer mindshare loss to Ethereum L2s and Solana. GAS is a mid-cap utility token with moderate liquidity and high correlation to NEO itself.
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