GasGud

I built perpectual futures on gas prices which don't exist onchain today. As a user, you can protect yourself against wild swings in gas prices for your time sensitive onchain needs like claiming NFT mints or airdrops by getting long exposure till upto 100x leverage. This is also helpful for time-critical processes like oracles submitting updates for Chainlink, submitting calldata on L1 for the rollups, etc.

This project is built using Axiom and the full-stack Web3 stack including Solidity, Foundry and NextJS. Axiom is used for providing proofs of gas price of a random sample of transactions pick within the previous committed blocks and the rest is standard ClearingHouse and Position managing perp market contracts. The funding rate is based on the relatively reserves of the long vs short positions in the contract.