ETHGas completes $12 million seed funding round, led by Polychain Capital.

PANews reported on December 17th that, according to The Block, ETHGas has completed a $12 million seed funding round led by Polychain Capital and launched Ethereum's first block space futures market, attracting approximately $800 million in non-cash liquidity commitments from validators and block builders. The platform allows for the early trading of execution rights for up to 64 blocks, aiming to improve yields and stabilize gas costs. ETHGas charges a 5% fee on transactions and is gradually advancing Ethereum's "real-time execution" architecture.

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