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While writing this, the gas fees for standard ether based transactions stand at 120 gwei which is 4 times higher than usual rates that I use to pay. Im aware of chi gas tokens on 1 inch and such but those are useful only while transacting in tokens(If I'm not wrong) and not while using dapps like token swaps or lending platforms. Is there any way possible to interact with the dapps with lower gas fees.

There's no way to interact with dapps with low gas fees. The dapps itself totally pegged with the ethereum blockchain and it can't implement its own solution to fix this. Ethereum chain itself can come with the solution to fix this problem. The only best choice for you wait for the gas fees to decrease. I know you feel when you are trading on uniswap and the fees for each tx swap is around $45 and that's crazy,
I can buy some burger with that fees lol

The only way is to wait.
1. Wait for traders to rest so the ethereum network will be less congested.
2. Wait for these dapps and dexs to fix their own product that will help lower fees. I think Uniswap and Loopring are doing something about this.
3. Wait for full transition to ethereum 2.0. They are boasting it could scale up to ____ TPS.

I think it is acceptable to use those Dapps, I regularly trade on Dexs and join IDO I see the current profit is quite good, and it also shows decentralization in this field.

When the profit you make from it is so much you will no longer care what transaction fees are!

You are coming from a trader's perspective but how about regular users that just wants to move their funds to another wallet? Spending $50 worth of gas for a token worth $40 isn't acceptable at all.

True in the sense that anyone is free to choose the fee they want.

This is what ethereum miners would love to hear hehe.

Waiting until the ethereum 2.0 complete roll over can be the possible solution or it is just going to save the ethereum users not the tokens which is will be using its native version 1 blockchain even after the roll over.

For now, maybe you have to be patient for 2 possibilities, the first is the possibility of gas prices decreasing to be cheaper. The second possibility is to be patient to multiply your profits so that whatever the cost, it will not be a problem for you

Decentralized exchanges run on smart contracts, which will consume more gas than a standard transaction anyway. The gas fee may be higher or lower, but it will always be higher than the normal rate. In order to reduce your costs associated with paying the commission, you need to use DEX on weekends or holidays, when the load on the network is reduced.

It's not when you are using the swap service like uniswap. When you wanna trade $35 and you must have paid $20 as the fees for the network. You will only receive $15 as the return for your transaction.
It's only applicable when you are using a lot of money and got lots of profit from your trade but when you are converting small money and that's not acceptable.

Yes it has been months as network fee with ETH requesting the higher limit on challenge with transmission order. We hope by the shortest of time the fee might be reduce to let us work with more on trade. I have 270 ferrum token to sells but waiting for less net fee.

There is no solution at this time because ethereum is really dense now, the way we have to do now is just be patient until ethereum stabilizes and at that time the fees will be cheap

This is very effective to save yourself from paying higher fees, or if you can't wait anymore and you really want to join the hype you have to deal with it and make sure that you make more money higher than the fees of your transactions.

Many are crying out loud here calling for the attention of ETH team, to address the fees issues but I think this is really hard to control and the miners dictate the fees, even if there's no clear statement about the ETH 2.0 if this update will make a good improvement for the fees, let's just hope that the team is working well behind and sooner or later, even if there a hype in the market cheaper fees are still possible.

as many friends said above, currently there is no solution, we can only wait for ETH 2.0 to be fully launched.
The high gas fee ethereum has occurred since the hype of defi.

There is no way to do that as long as the token is on Ethereum, to be sincere it is crazy to be paying $50 for a transaction that use to cost $1 then, when the traction fee was $1 people are complaining about the price. I have been saying this for some time now, if Ethereum fail with its scaling solution this year, Polkadot is likely to be the next big thing in smart contract space, project like Avalanche also have a chance but there are not giving out grants like Web3 foundation which may hindered their adoption

Unfortunately, there is no way we can bypass the fees. The network set it and that it remains higher or even it going more if the surge continues. That it looks unhappy especially when you are just moving small amounts but if you are moving a huge number, well, it doesn't matter I think. And one thing I know to save from those fees, we have to wait for the market down but I'm not sure if we are able to wait that long.

The rise on ethereum price will give a very big impact to the gas fees and when it was increasing a lot and people will pay more and more ethereum to the network.
You can check it now on etherscan and the fees is going to the moon too.
When you are sending USDT and you must have allocated $13 worth of ethereum as the fees.

I don't know any gold standard formula for you but you can read this one, Here are the best and worst times of the day to use Ethereum (https://cointelegraph.com/news/here-are-the-best-and-worst-times-of-the-day-to-use-ethereum)


You are correct about 1 Inch and CHI token, if you need more advice on it, you would ask wwzsocki (see his comment) (https://bitcointalk.org/index.php?topic=5161544.msg55319467#msg55319467)

yes those leads with least on volume with the trade on market that investors to wait until fees are coming down again to prepare with chance as entering table of trading to returns with limit on expectation following use with customs of personal strategy.

It is highly unlikely to communicate with dapps with low gas expenses. The dapps itself completely fixed with the ethereum blockchain and it can't execute its own answer for fix this. Ethereum chain itself can accompany the answer for fix this issue. The solitary most ideal decision for you sit tight for the gas charges to diminish. I realize you feel when you are exchanging on uniswap and the expenses for every tx trade is around $45 and that is insane,

I think it will be rude, but unfortunately this is the earnings of the 1inch project or the like. It will not be possible to get around this, therefore it is necessary to create and work on other solutions and not just use ETH.

I think with this eip 1559 we will definitely get better transaction fee because the excess will be cut and there will be lower. I get the request from miners to say "if people pay for it, it should be free market to decide" because that is sort of true, at the end of the day nobody forces anyone to pay 50 bucks for something that is 1 dollars, you are not forced to use it, if you think its too expensive you could just stop using ETH and move to BNB or something else, you have every right to do that.

And that also means if only people who have a lot of money that keeps spending this much money, eventually they will leave too and miners will start to work for a loss once again, we all remember in 2018 they didn't made a single cent and mined for basically a loss, they couldn't even electricity. But, with this it will prevent them to get too poor but also not too rich, as a customer I really like that and of course I would like to pay less, so even though I understand miners I want what's best for me.

The gas fee is not for Exchange or the project. The ETH which is be gas fee wil go to be Miner earning.
The only possible way to have lower gas fees is wait until it dropped when the blockchain isnt busy anymore.

I never tried it out but 1inch exchange has their own gas tokens called chi, where you can used that to lower the gas fee to be used on dex. I'm not technically doing it as I found it quite complicated.

But you can read this source; https://1inch-exchange.medium.com/everything-you-wanted-to-know-about-chi-gastoken-a1ba0ea55bf3

Before that token is cheap now its quite increasing in value. Probably its effective on some users who uses their chi tokens for reduction of gas fee.

That's the only possibility but honestly i don't like how miners were dominating the blockchain. Ethereum should have move to the full POS coins to make sure the miners will not doing whatever they wanna do to the blockchain

https://nairametrics.com/2021/02/07/miners-earn-a-whopping-3-5-million-per-hour-on-ethereum-network/

Miners earned 3.5 millions hourly and i remember there's a news said that miners have been getting $850m in total last year. We don't know when the gas will be decreasing again and that makes a lot of small traders feeling depresed with it. This must be fixed asap.

Its not miners fault at all. Ethereum blockchain itself have limitations which make only few transactions can be processed per second.
Its result the demand of the transaction so big while the supply is already maximum then the gas increased rapidly.
Also I am pessimistic PoS can solve that problem while the supporters of Ethereum will decreased so much (Miners move to another coins).