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Optimism Network Fees

Optimism Network – Simple, Affordable Ethereum Scaling Optimism is another major Ethereum Layer 2, focused on speed and lower fees. Transa...

Updated over 2 weeks ago

Optimism Network – Simple, Affordable Ethereum Scaling

Optimism is another major Ethereum Layer 2, focused on speed and lower fees. Transactions settle on Ethereum but cost much less.

How Optimism Fees Work

Fees are based on:

  • Gas price (gwei) times

  • Amount of gas used

Edge calculates optimized fee suggestions for you automatically.


Fee Options Available

  • High – Faster confirmation

  • Optimal (default) – Balanced fee

  • Low – Cheapest, slower confirmation

  • Custom – Full manual control for gas settings


Average Cost

Usually around $0.01 to $0.05 USD per transaction.


Why It Matters

Optimism makes Ethereum accessible without high fees. Edge handles the real-time adjustments so you just pick your speed and go.


Polygon (Matic) Network Fees – Ultra-Cheap and Fast

Polygon is a highly popular Ethereum-compatible network with extremely low fees and very fast block times.

How Polygon Fees Work

  • Gas price (in gwei)

  • Network congestion

Fees are still paid in MATIC token but are much cheaper than Ethereum.


Fee Options Available

  • High – Fastest confirmation

  • Optimal (default) – Smart middle ground

  • Low – Cheapest, slow confirmation

  • Custom – Full control over gas settings


Average Cost

Typically around $0.002 to $0.01 USD per transaction — fractions of a cent!


Why It Matters

Polygon is perfect for cheap everyday use, gaming, NFTs, and DeFi. Edge Wallet simplifies picking the right fee so you stay fast without overpaying

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