diff --git a/changelog.md b/changelog.md
index db924b3ee5..d1f673cdef 100644
--- a/changelog.md
+++ b/changelog.md
@@ -33,6 +33,7 @@
 ### Fixes
 
 * [1861](https://github.com/zeta-chain/node/pull/1861) - fix `ObserverSlashAmount` invalid read
+* [1880](https://github.com/zeta-chain/node/issues/1880) - lower the gas price multiplier for EVM chains.
 
 ### Chores
 
diff --git a/common/constant.go b/common/constant.go
index 2e10d21b87..534a1adfdb 100644
--- a/common/constant.go
+++ b/common/constant.go
@@ -1,8 +1,11 @@
 package common
 
 const (
-	// DefaultGasPriceMultiplier is the default gas price multiplier for outbond txs
-	DefaultGasPriceMultiplier = 2
+	// EVMOuttxGasPriceMultiplier is the default gas price multiplier for EVM-chain outbond txs
+	EVMOuttxGasPriceMultiplier = 1.2
+
+	// BTCOuttxGasPriceMultiplier is the default gas price multiplier for BTC outbond txs
+	BTCOuttxGasPriceMultiplier = 2.0
 
 	// DonationMessage is the message for donation transactions
 	// Transaction sent to the TSS or ERC20 Custody address containing this message are considered as a donation
diff --git a/common/utils.go b/common/utils.go
index 62c4e27ad5..9e0e01e0d2 100644
--- a/common/utils.go
+++ b/common/utils.go
@@ -42,6 +42,16 @@ func StringToHash(chainID int64, hash string) ([]byte, error) {
 	return nil, fmt.Errorf("cannot convert hash to bytes for chain %d", chainID)
 }
 
+// GasPriceMultiplier returns the gas price multiplier for the given chain
+func GasPriceMultiplier(chainID int64) float64 {
+	if IsEVMChain(chainID) {
+		return EVMOuttxGasPriceMultiplier
+	} else if IsBitcoinChain(chainID) {
+		return BTCOuttxGasPriceMultiplier
+	}
+	return 1.0
+}
+
 // ParseAddressAndData parses the message string into an address and data
 // message is hex encoded byte array
 // [ contractAddress calldata ]
diff --git a/common/utils_test.go b/common/utils_test.go
new file mode 100644
index 0000000000..a4ff016902
--- /dev/null
+++ b/common/utils_test.go
@@ -0,0 +1,69 @@
+package common_test
+
+import (
+	"testing"
+
+	"github.com/stretchr/testify/require"
+	"github.com/zeta-chain/zetacore/common"
+)
+
+func Test_GasPriceMultiplier(t *testing.T) {
+	tt := []struct {
+		name       string
+		chainID    int64
+		multiplier float64
+	}{
+		{
+			name:       "get Ethereum multiplier",
+			chainID:    1,
+			multiplier: 1.2,
+		},
+		{
+			name:       "get Goerli multiplier",
+			chainID:    5,
+			multiplier: 1.2,
+		},
+		{
+			name:       "get BSC multiplier",
+			chainID:    56,
+			multiplier: 1.2,
+		},
+		{
+			name:       "get BSC Testnet multiplier",
+			chainID:    97,
+			multiplier: 1.2,
+		},
+		{
+			name:       "get Polygon multiplier",
+			chainID:    137,
+			multiplier: 1.2,
+		},
+		{
+			name:       "get Mumbai Testnet multiplier",
+			chainID:    80001,
+			multiplier: 1.2,
+		},
+		{
+			name:       "get Bitcoin multiplier",
+			chainID:    8332,
+			multiplier: 2.0,
+		},
+		{
+			name:       "get Bitcoin Testnet multiplier",
+			chainID:    18332,
+			multiplier: 2.0,
+		},
+		{
+			name:       "get unknown chain gas price multiplier",
+			chainID:    1234,
+			multiplier: 1.0,
+		},
+	}
+	for _, tc := range tt {
+		t.Run(tc.name, func(t *testing.T) {
+			multiplier := common.GasPriceMultiplier(tc.chainID)
+			require.Equal(t, tc.multiplier, multiplier)
+		})
+	}
+
+}
diff --git a/zetaclient/bitcoin/bitcoin_client_test.go b/zetaclient/bitcoin/bitcoin_client_test.go
index f92f3a01fd..c65b719b4f 100644
--- a/zetaclient/bitcoin/bitcoin_client_test.go
+++ b/zetaclient/bitcoin/bitcoin_client_test.go
@@ -155,7 +155,10 @@ func TestCalcDepositorFee828440(t *testing.T) {
 	var blockVb btcjson.GetBlockVerboseTxResult
 	err := testutils.LoadObjectFromJSONFile(&blockVb, path.Join("../", testutils.TestDataPathBTC, "block_trimmed_8332_828440.json"))
 	require.NoError(t, err)
-	dynamicFee828440 := DepositorFee(32 * common.DefaultGasPriceMultiplier)
+	avgGasRate := float64(32.0)
+	// #nosec G701 test - always in range
+	gasRate := int64(avgGasRate * common.BTCOuttxGasPriceMultiplier)
+	dynamicFee828440 := DepositorFee(gasRate)
 
 	// should return default fee if it's a regtest block
 	fee := CalcDepositorFee(&blockVb, 18444, &chaincfg.RegressionNetParams, log.Logger)
diff --git a/zetaclient/bitcoin/utils.go b/zetaclient/bitcoin/utils.go
index b11c1a7056..2d3272f4fd 100644
--- a/zetaclient/bitcoin/utils.go
+++ b/zetaclient/bitcoin/utils.go
@@ -188,7 +188,8 @@ func CalcDepositorFee(blockVb *btcjson.GetBlockVerboseTxResult, chainID int64, n
 		feeRate = defaultDepositorFeeRate // use default fee rate if calculation fails, should not happen
 		logger.Error().Err(err).Msgf("cannot calculate fee rate for block %d", blockVb.Height)
 	}
-	feeRate = feeRate * common.DefaultGasPriceMultiplier
+	// #nosec G701 always in range
+	feeRate = int64(float64(feeRate) * common.BTCOuttxGasPriceMultiplier)
 	return DepositorFee(feeRate)
 }
 
diff --git a/zetaclient/zetabridge/tx.go b/zetaclient/zetabridge/tx.go
index a142ad44f0..6d7aa6dcfc 100644
--- a/zetaclient/zetabridge/tx.go
+++ b/zetaclient/zetabridge/tx.go
@@ -75,8 +75,10 @@ func (b *ZetaCoreBridge) WrapMessageWithAuthz(msg sdk.Msg) (sdk.Msg, authz2.Sign
 }
 
 func (b *ZetaCoreBridge) PostGasPrice(chain common.Chain, gasPrice uint64, supply string, blockNum uint64) (string, error) {
-	// double the gas price to avoid gas price spike
-	gasPrice = gasPrice * common.DefaultGasPriceMultiplier
+	// apply gas price multiplier for the chain
+	multiplier := common.GasPriceMultiplier(chain.ChainId)
+	// #nosec G701 always in range
+	gasPrice = uint64(float64(gasPrice) * multiplier)
 	signerAddress := b.keys.GetOperatorAddress().String()
 	msg := types.NewMsgGasPriceVoter(signerAddress, chain.ChainId, gasPrice, supply, blockNum)