makerdao / pygasprice-client

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pygasprice-client

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Tiny asynchronous client of several gas price APIs.

It operates using a background thread, which fetches current recommended gas prices from one of APIs supported every refresh_interval seconds. If due to network issues no current gas prices have been fetched for expiry seconds, old values expire and all *_price() methods will start returning None until the feed becomes available again.

Since GasNow and Blocknative are based upon current mempool activity and not modeled using recent blocks, it is recommended to query them with smaller intervals (for example, 15 seconds instead of 60).

https://chat.makerdao.com/channel/keeper

Installation

This project uses Python 3.6.6.

In order to clone the project and install required third-party packages please execute:

git clone https://github.com/makerdao/pygasprice-client.git
cd pygasprice-client
pip3 install -r requirements.txt

Usage

Add this repository as git submodule to your project and import gas price clients:

from pygasprice_client import EthGasStation, POANetwork, EtherchainOrg

Supported API clients

EthGasStation client

NOTE: please see https://ethgasstation.info/blog/changes-to-egs-api/.
You have to sign up for an API Key and use it when instantiating EthGasStation client. For backward compatibility reasons client can still be created without a key but this can result in API call failures.

instantiate client as
gasprice_api_client = EthGasStation(refresh_interval=45, expiry=600)

or with an API key (recommended)
gasprice_api_client = EthGasStation(refresh_interval=45, expiry=600, api_key=MY_API_KEY)

Etherchain.org client

instantiate client as
gasprice_api_client = EtherchainOrg(refresh_interval=45, expiry=600)

PoaNetwork client

if using public API instantiate client as
gasprice_api_client = POANetwork(refresh_interval=45, expiry=600)

or pass URL if using a local server as
gasprice_api_client = POANetwork(refresh_interval=45, expiry=600, alt_url="http://127.0.0.1:8000")

Etherscan client

NOTE: please see https://etherscan.io/apis#gastracker
You have to sign up for an API Key and use it when instantiating Etherscan client. Otherwise requests are rate limited (1request/5sec) Fastest gas price is not provided (therefore Fast value is returned as Fastest)

instantiate client as
gasprice_api_client = Etherscan(refresh_interval=45, expiry=600)

or with an API key (recommended)
gasprice_api_client = Etherscan(refresh_interval=45, expiry=600, api_key=MY_API_KEY)

Gasnow client

NOTE: https://www.gasnow.org/ API Doc: https://taichi.network/
Uses Spark mempool data for gas estimate. Data is updated every 8s No API key is needed, but app_name is an optional setting. Requests are rate limited.

instantiate client as
gasprice_api_client = Gasnow(refresh_interval=10, expiry=60)

or with an App name (recommended)
gasprice_api_client = Gasnow(refresh_interval=10, expiry=60, app_name="MyApp")

Blocknative client

See https://docs.blocknative.com/gas-platform for details. An API key is required.

instantiate client as gasprice_api_client = Blocknative(refresh_interval=10, expiry=60, api_key=MY_API_KEY)

Aggregation

An Aggregator client is available which combines multiple gas price sources to produce a single price.

instantiate client as
gasprice_agg_client = Aggregator(refresh_interval=10, expiry=600)

Arguments of component clients are also offered. Supply API keys to avoid rate limiting and exclusion of sources which require a key.

Retrieve suggested gas prices

Gas prices are useful for legacy (pre- EIP-1559) transactions.

gasprice_api_client.safe_low_price()
gasprice_api_client.standard_price()
gasprice_api_client.fast_price()
gasprice_api_client.fastest_price()

Retrieve suggested max fees and tip amounts

Max fees limit the total price spent per gas. This consists of a floating base fee calculated for each block, plus an explicit tip paid to miners to prioritize the transaction. The max fee should generally exceed the base fee plus the tip. The difference between the tip and the base fee is burned. A tip of 0 should always be valid for a "safe/low" transaction.

gasprice_api_client.safe_low_maxfee()
gasprice_api_client.standard_maxfee()
gasprice_api_client.fast_maxfee()
gasprice_api_client.fastest_maxfee()

gasprice_api_client.safe_low_tip()
gasprice_api_client.standard_tip()
gasprice_api_client.fast_tip()
gasprice_api_client.fastest_tip()

License

See COPYING file.

Disclaimer

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