# Gas used Methodology

## Overview

Gas used measures the total gas consumed by an application. It reflects how much users are willing to incur transaction costs when using the application.

Gas used

Xena Finance

Traders traded perpetuals and swaps with leverage on Base, and liquidity providers deposited into XLP pools.

Xena Finance was a non-custodial, permissionless on-chain DEX for perpetuals and swaps with leverage, deployed on Base and using Chainlink oracles for pricing. Liquidity providers deposited into XLP pools with a tranche-based risk system, and XEN was the utility token.

Xena Finance

Maintenance

Gas used

Gas used

Competitive landscape