Largest Transaction and the Gas Used

The table below shows the top 100 largest transactions sort by amount in USD. It contain information of the gas used, gas wanted and the percentage of gas used.

Note: data are extracted from terra.msgs for both 'bank/MsgSend' and 'bank/MsgMultiSend' msg type only

Based on the graph above, it seems that gas used for most transactions fall are within range of 50-80% no matter the size(amount) of the transaction.

Understanding Gas

Transaction on Terra will need to pay a transaction fee for the transaction to be processed. This fee is calculated by multiplying gas by the gas price.

Transaction Fee = Gas * Gas Price

Gas is calculated as the the transaction is being proceed. Gas Price is set by validators with a min-gas-price value. An estimated gas can be calculated by using 'auto' value of gas flag.

More info can be found here - https://docs.terra.money/terracli/#fees