# Fees Transaction fees on Merlin Chain comprise two components: **L2 transaction execution fees and L1 security fees**. The L2 transaction execution fee is incurred when executing transactions on the Layer 2 network, while the L1 fee primarily covers the cost of transmitting L2 data and ZK proofs to the Layer 1 network. At this stage, Merlin Chain only charges L2 transaction execution fees. The fee model for transaction execution is similar to the gas fee model used in other EVM-compatible chains. Each transaction consumes a certain amount of Gas, and users can specify the Gas Price per unit of gas when initiating a transaction. **The total cost of a transaction is calculated as Gas Cost \* Gas Price**. This section are a few key points related to Fees on Merlin Chain, including: * [Fee Model - No EIP-1559 Support](https://docs.merlinchain.io/merlin-docs/developers/builder-guides/fees/fee-model) * [Gas](https://docs.merlinchain.io/merlin-docs/developers/builder-guides/fees/gas)