为什么pepe青蛙硬币会导致异常高的以太元素气费

与经常以大型交易交易的USDT，USDC或Weth等主要的ERC-20代币，Pepe大多在分散交易交易所（DEX）上以高频，小价值的交易进行交易。

Ethereum gas fees are directly influenced by network demand, and certain tokens, like PEPE, have consistently caused extreme gas spikes compared to other ERC-20 tokens. This phenomenon can be attributed to a unique combination of factors related to PEPE's trading behavior and smart contract design. Here's a deeper analysis of how PEPE drives gas fees higher than other tokens.

与其他ERC-20代币相比，某些令牌（如Pepe）始终引起极端的气体峰值，以太坊气体费用直接影响了网络需求。这种现象可以归因于与Pepe的交易行为和智能合约设计有关的独特组合。这是对PEPE如何驱动汽油费用高于其他令牌的更深入的分析。

1. PEPE’s Extreme Trading Volume on Decentralized Exchanges (DEXs)

1。佩佩（Pepe）在分散交易所（DEX）上的极端交易量

Unlike major ERC-20 tokens like USDT, USDC, or WETH, which are often traded in large, infrequent transactions, PEPE is mostly traded in high-frequency, small-value transactions on decentralized exchanges (DEXs) like Uniswap.

与经常以大型交易交易的USDT，USDC或Weth等主要的ERC-20代币，Pepe大多在分散交易交易所（DEX）上以高频，小价值的交易进行交易。

How This Increases Gas Fees:

这如何增加汽油费：

✅ Uniswap swaps require more gas than simple token transfers (DEX interactions involve smart contracts, increasing complexity).

✅UNISWAP互换比简单的令牌转移需要更多的气体（DEX相互作用涉及智能合约，增加复杂性）。

✅ PEPE’s volatility causes rapid buying and selling, increasing demand for transactions.

Pepe的波动性会导致快速买卖，从而增加了对交易的需求。

✅ More transactions = higher network congestion, making users bid more gas to prioritize their trades.

✅更多交易=更高的网络拥塞，使用户竞标更多的汽油以优先考虑其交易。

Real-World Example:

现实世界示例：

🔹 During PEPE’s peak trading volume in April–May 2023, Uniswap swaps for PEPE accounted for over 30% of all Ethereum transactions, leading to gas fees exceeding $100 per swap.

🔹在佩佩（Pepe）2023年3月至3月的高峰交易量期间，PEPE的UNISWAP互换占所有以太坊交易的30％以上，导致每次交易的汽油费用超过100美元。

In contrast, stablecoins like USDT or USDC are mostly used in large, single transfers, which require much less gas and don’t cause as much congestion.

相比之下，像USDT或USDC这样的稳定​​币大多用于大型单个转移中，这些转移需要更少的气体，并且不会引起太多的拥塞。

2. The FOMO Effect: PEPE’s Retail Appeal Draws Thousands of Transactions

2。FOMO效应：Pepe的零售上诉吸引了数千笔交易

PEPE is a meme coin, meaning it attracts a different crowd compared to traditional Ethereum-based tokens. Retail investors, often driven by FOMO (fear of missing out), create a trading frenzy, further driving up gas fees.

佩佩（Pepe）是一种模因硬币，这意味着与传统的基于以太坊的令牌相比，它吸引了不同的人群。散户投资者经常受到FOMO的驱动（担心失踪），创造了一个疯狂的贸易，进一步增加了汽油费。

How This Increases Gas Fees:

这如何增加汽油费：

✅ Retail traders place many small orders instead of a few large trades, leading to more transactions overall.

✅零售交易者下达了许多小订单，而不是进行一些大型交易，从而导致更多的交易。

✅ Higher transaction volume fills Ethereum blocks quickly, forcing traders to outbid each other on gas prices to get their transactions processed faster.

✅较高的交易量迅速填补了以太坊的块，迫使交易者在汽油价格上相互竞争，以使处理交易的速度更快。

✅ Bot activity & sniping add more congestion, as automated trading bots spam the network with rapid transactions.

自动交易机器人以快速交易的网络垃圾邮件，机器人活动和狙击会增加更多的拥塞。

Comparison With Other Tokens:

与其他令牌进行比较：

🔹 ETH & blue-chip ERC-20 tokens (e.g., LINK, UNI) → Traded in larger blocks, meaning fewer but higher-value transactions.

🔹ETH和Blue-Chip ERC-20令牌（例如，链接，Uni）→以较大的块进行交易，这意味着更少但更高价值的交易。

🔹 PEPE & other meme coins → Traded in smaller, high-frequency transactions, leading to thousands of gas-consuming trades per hour.

Pepe和其他模因硬币→进行较小的高频交易，导致每小时数千美元的汽油交易。

This retail-driven micro-trading leads to Ethereum network congestion, increasing gas fees for all users.

这种零售驱动的微交易导致以太坊网络拥堵，增加了所有用户的汽油费用。

3. PEPE’s Smart Contract Inefficiencies Compared to Standard ERC-20 Tokens

3。与标准ERC-20令牌相比，Pepe的智能合同效率低下

Not all ERC-20 tokens use optimized smart contracts, and PEPE’s contract is less efficient than those of stablecoins or blue-chip tokens.

并非所有ERC-20代币都使用优化的智能合约，而Pepe的合同效率不如Stablecoins或Blue-Chip令牌。

Why PEPE’s Contract Consumes More Gas:

为什么Pepe的合同消耗更多的汽油：

🔸 Additional security & anti-bot mechanisms → PEPE’s smart contract has built-in protection against bots, which can make transactions more complex.

🔸其他安全和反机制机制→Pepe的智能合约对机器人具有内置保护，这可能会使交易更加复杂。

🔸 More contract interactions per trade → Every time PEPE is bought/sold, more computational steps are required than in standard ERC-20 transfers.

🔸每次交易的合同互动→每次购买/出售PEPE时，都需要比标准ERC-20转移需要更多的计算步骤。

🔸 DEX liquidity pool mechanics → PEPE’s main trading venue is Uniswap, which requires more computational steps than centralized exchange trading.

🔸DEX流动性池力学→Pepe的主要交易场所是UNISWAP，它需要比集中式交易所交易更多的计算步骤。

Gas Cost Comparison (Typical Transactions):

天然气成本比较（典型交易）：

💡 Insight: A single PEPE trade can use 2-3x more gas than an ETH or stablecoin swap, leading to higher fees across the Ethereum network.

💡洞察力：单一的Pepe贸易比ETH或Stablecoin交换的气体多2-3倍，从而导致整个以太坊网络的费用更高。

4. Bot Wars: Automated Trading Bots Contribute to Gas Spikes

4。机器人战争：自动交易机器人有助于汽油尖峰

PEPE’s explosive price moves have made it a prime target for MEV (Maximal Extractable Value) bots, which seek to exploit price inefficiencies. These bots aggressively compete for priority transactions, further increasing gas fees.

Pepe的爆炸性价格变动使其成为MEV（最大可提取价值）机器人的主要目标，该机器人试图利用价格效率低下。这些机器人积极竞争优先交易，进一步增加了汽油费。

How Bots Contribute to Higher Gas Fees:

机器人如何促进更高的汽油费：

✔️ Front-running transactions → Bots pay extra gas to place their trades before retail traders.

✔️前运行交易→机器人支付额外的汽油，将其交易放在零售交易者面前。

✔️ Sandwich attacks → Bots execute multiple transactions in one block to profit off price fluctuations, further clogging the network.

✔️三明治攻击→机器人在一个街区中执行多次交易，以获利价格波动，进一步阻塞了网络。

✔️ Sniping PEPE liquidity pools → Bots spam Ethereum with thousands of rapid transactions, competing for liquidity and causing gas price spikes.

✔️狙击Pepe流动性池→Bots垃圾邮件以太坊具有成千上万的快速交易，争夺流动性并引起汽油价格峰值。

🔹 Example: During PEPE’s peak, MEV bots spent millions of dollars in gas fees to execute profitable arbitrage and front-running trades, making the situation even worse for regular users.

🔹示例：在佩佩（Pepe）的高峰期，梅夫机器人花了数百万美元的汽油费来执行有利可图的套利和领先的交易，从而使情况变得更糟。

5. High On-Chain Trading Activity Compared to CEX-Traded Tokens

5。与CEX交易的代币相比，高链交易活动高

Unlike major ERC-20 tokens like AAVE, UNI, or LINK, which are primarily traded on centralized exchanges (CEXs), PEPE was initially only available on DEXs. This meant every PEPE trade had to be processed on-chain, consuming Ethereum’s block space.

与主要在集中式交易所（CEXS）交易的AAVE，UNI或LINK等主要ERC-20代币不同，PEPE最初仅在DEX上可用。这意味着每个Pepe贸易都必须在链上处理，以消耗以太坊的块空间。

Why

为什么