How much is the gas fee for a transaction on Flow blockchain?

Daniela
Daniela
  • Updated

Starting from October 16, 2021, at 7:30 am PT (2:30 pm UTC), a flat fee of 0.00001 FLOW is applied to every transaction submitted to the Flow network. This fee is subject to change, and in the event of a change, the community will be informed ahead of implementation. The fees are primarily for spam prevention and are kept low and fixed for all transactions.

Each transaction fee on Flow consists of three components: execution fee, inclusion fee, and network surge factor.

Execution Fee: The execution effort for a transaction is determined by the code path the transaction takes and the actions it does. The actions that have an associated execution effort cost can be separated into four broad buckets: normal lines of cadence, loops, or function calls; reading data from storage, charged per byte read; writing data to storage, charged per byte written; and account creation. The estimated cost for different transaction types varies.

Inclusion Fee: The inclusion effort of a transaction represents the work needed for including the transaction in a block, transporting the transaction information from node to node, and verifying transaction signatures. Currently, the inclusion effort is always 1.0 and the inclusion effort cost is fixed to 0.000001 FLOW.

Surge Factor: In the future, a network surge will be applied when the network is busy due to an increased influx of transactions required to be processed or a decrease in the ability to process transactions. Right now, the network surge is fixed to 1.0.

Please note that the inclusion fee and surge factor currently don’t represent any significant Flow fees, but this can change in the future.

For more information, please refer to our Flow Documentation on Fees.