{"path":"/fees/gas_used_sum_stablecoins_relative","tier":3,"parameters":{"a":["ETH"],"c":["native"],"f":["csv","json"],"i":["24h"]},"queried":{"a":"ETH","path":"/v1/metrics/fees/gas_used_sum_stablecoins_relative"},"refs":{"docs":"https://docs.glassnode.com/basic-api/endpoints/fees#get-v1-metrics-fees-gas_used_sum_stablecoins_relative","studio":"https://studio.glassnode.com/charts/fees.GasUsedSumStablecoinsRelative","metric_variant":{"bulk":"/fees/gas_used_sum_stablecoins_relative/bulk","pit":"/fees/gas_used_sum_stablecoins_relative_pit"}},"bulk_supported":true,"timerange":{"min":1509840000,"max":1782345600},"modified":1782509400,"descriptors":{"name":"Gas Usage by Stablecoins (Relative)","short_name":"Gas Usage by Stablecoins (Relative)","group":"Gas","tags":["on-chain","gas","fees"],"description":{"default":"**Definition.** The share of Ethereum gas consumed by stablecoin transactions. Stablecoins are fungible tokens whose value is pegged to an off-chain asset, either by the issuer or by an algorithm. The category includes 150+ stablecoins, with USDT, USDC, UST, BUSD, and DAI the most prominent.\n\n**Interpretation.** A rising share means dollar-rail activity outbid other categories for finite Ethereum blockspace, a falling share means it was outbid or contracted.\n"},"data_sharing_group":"onchain"}}
