Layerbet allows players to place bets using stablecoins and cryptocurrencies across leading EVM-compatible blockchains. Currently, you can bet with:
- USDT (Tether) on Polygon
- WETH (Wrapped ETH) on Base
- WXDAI (Wrapped XDAI) on Gnosis
Both USDT and XDAI / WXDAI are pegged 1-1 to the US Dollar.
More networks and currencies may be added in the future
How Gas Fees Work
All bets and transactions on Layerbet are processed on-chain, which means a small network (gas) fee is required for each action.
Gas fees are:
- Paid in the native token of the network (e.g., ETH for Base, XDAI for Gnosis, POL for Polygon)
- Required for every bet, deposit, or withdrawal. Make sure you have a small balance of the network’s native token in your wallet to cover these fees.
- Not charged by Layerbet. They are set by the blockchain and go directly to network validators.
- Extremely cheap, and cost usually less than $0.01 on these networks.
What are wrapped tokens (WETH vs ETH, WXDAI vs XDAI)?
WXDAI and WETH are ERC-20 versions of XDAI and ETH, respectively, created to make these native currencies compatible with dApps (such as Layerbet) on their respective networks (Gnosis and Base). They maintain a 1:1 value peg and enable broader functionality in DeFi ecosystems. The native version of the currencies (ETH and XDAI) can be used as gas to pay for transactions.
All listed networks are known to be extremely efficient in processing transactions, meaning that transaction costs are negligible, and should usually be less than $0.01.
You can check the actual gas fee when executing a bet when your wallet prompts. They can fluctuate a bit depending how busy it is on the network. 
