diff --git a/ui/hooks/useGasFeeEstimates.js b/ui/hooks/useGasFeeEstimates.js
new file mode 100644
index 000000000..82ae44f7b
--- /dev/null
+++ b/ui/hooks/useGasFeeEstimates.js
@@ -0,0 +1,73 @@
+import { useEffect } from 'react';
+import { useSelector } from 'react-redux';
+import { GAS_ESTIMATE_TYPES } from '../../shared/constants/gas';
+import {
+  getEstimatedGasFeeTimeBounds,
+  getGasEstimateType,
+  getGasFeeEstimates,
+  isEIP1559Network,
+} from '../ducks/metamask/metamask';
+import {
+  disconnectGasFeeEstimatePoller,
+  getGasFeeEstimatesAndStartPolling,
+} from '../store/actions';
+
+/**
+ * @typedef {keyof typeof GAS_ESTIMATE_TYPES} GasEstimateTypes
+ */
+
+/**
+ * @typedef {object} GasEstimates
+ * @property {GasEstimateTypes} gasEstimateType - The type of estimate provided
+ * @property {import(
+ *   '@metamask/controllers'
+ * ).GasFeeState['gasFeeEstimates']} gasFeeEstimates - The estimate object
+ * @property {import(
+ *   '@metamask/controllers'
+ * ).GasFeeState['estimatedGasFeeTimeBounds']} [estimatedGasFeeTimeBounds] -
+ *  estimated time boundaries for fee-market type estimates
+ * @property {boolean} isGasEstimateLoading - indicates whether the gas
+ *  estimates are currently loading.
+ */
+
+/**
+ * Gets the current gasFeeEstimates from state and begins polling for new
+ * estimates. When this hook is removed from the tree it will signal to the
+ * GasFeeController that it is done requiring new gas estimates. Also checks
+ * the returned gas estimate for validity on the current network.
+ *
+ * @returns {GasFeeEstimates} - GasFeeEstimates object
+ */
+export function useGasFeeEstimates() {
+  const supportsEIP1559 = useSelector(isEIP1559Network);
+  const gasEstimateType = useSelector(getGasEstimateType);
+  const gasFeeEstimates = useSelector(getGasFeeEstimates);
+  const estimatedGasFeeTimeBounds = useSelector(getEstimatedGasFeeTimeBounds);
+  useEffect(() => {
+    let pollToken;
+    getGasFeeEstimatesAndStartPolling().then((newPollToken) => {
+      pollToken = newPollToken;
+    });
+    return () => {
+      if (pollToken) {
+        disconnectGasFeeEstimatePoller(pollToken);
+      }
+    };
+  }, []);
+
+  // We consider the gas estimate to be loading if the gasEstimateType is
+  // 'NONE' or if the current gasEstimateType does not match the type we expect
+  // for the current network. e.g, a ETH_GASPRICE estimate when on a network
+  // supporting EIP-1559.
+  const isGasEstimatesLoading =
+    gasEstimateType === GAS_ESTIMATE_TYPES.NONE ||
+    (supportsEIP1559 && gasEstimateType !== GAS_ESTIMATE_TYPES.FEE_MARKET) ||
+    (!supportsEIP1559 && gasEstimateType === GAS_ESTIMATE_TYPES.FEE_MARKET);
+
+  return {
+    gasFeeEstimates,
+    gasEstimateType,
+    estimatedGasFeeTimeBounds,
+    isGasEstimatesLoading,
+  };
+}
diff --git a/ui/hooks/useGasFeeEstimates.test.js b/ui/hooks/useGasFeeEstimates.test.js
new file mode 100644
index 000000000..d30127759
--- /dev/null
+++ b/ui/hooks/useGasFeeEstimates.test.js
@@ -0,0 +1,238 @@
+import { cleanup, renderHook } from '@testing-library/react-hooks';
+import { useSelector } from 'react-redux';
+import { GAS_ESTIMATE_TYPES } from '../../shared/constants/gas';
+import createRandomId from '../../shared/modules/random-id';
+import {
+  getGasEstimateType,
+  getGasFeeEstimates,
+  isEIP1559Network,
+} from '../ducks/metamask/metamask';
+import {
+  disconnectGasFeeEstimatePoller,
+  getGasFeeEstimatesAndStartPolling,
+} from '../store/actions';
+import { useGasFeeEstimates } from './useGasFeeEstimates';
+
+jest.mock('../store/actions', () => ({
+  disconnectGasFeeEstimatePoller: jest.fn(),
+  getGasFeeEstimatesAndStartPolling: jest.fn(),
+}));
+
+jest.mock('react-redux', () => {
+  const actual = jest.requireActual('react-redux');
+
+  return {
+    ...actual,
+    useSelector: jest.fn(),
+  };
+});
+
+const DEFAULT_OPTS = {
+  isEIP1559Network: false,
+  gasEstimateType: GAS_ESTIMATE_TYPES.LEGACY,
+  gasFeeEstimates: {
+    low: '10',
+    medium: '20',
+    high: '30',
+  },
+};
+
+const generateUseSelectorRouter = (opts = DEFAULT_OPTS) => (selector) => {
+  if (selector === isEIP1559Network) {
+    return opts.isEIP1559Network ?? DEFAULT_OPTS.isEIP1559Network;
+  }
+  if (selector === getGasEstimateType) {
+    return opts.gasEstimateType ?? DEFAULT_OPTS.gasEstimateType;
+  }
+  if (selector === getGasFeeEstimates) {
+    return opts.gasFeeEstimates ?? DEFAULT_OPTS.gasFeeEstimates;
+  }
+  return undefined;
+};
+
+describe('useGasFeeEstimates', () => {
+  let tokens = [];
+  beforeEach(() => {
+    jest.clearAllMocks();
+    tokens = [];
+    getGasFeeEstimatesAndStartPolling.mockImplementation(() => {
+      const token = createRandomId();
+      tokens.push(token);
+      return Promise.resolve(token);
+    });
+    disconnectGasFeeEstimatePoller.mockImplementation((token) => {
+      tokens = tokens.filter((tkn) => tkn !== token);
+    });
+    useSelector.mockImplementation(generateUseSelectorRouter());
+  });
+
+  it('registers with the controller', () => {
+    renderHook(() => useGasFeeEstimates());
+    expect(tokens).toHaveLength(1);
+  });
+
+  it('clears token with the controller on unmount', async () => {
+    renderHook(() => useGasFeeEstimates());
+    expect(tokens).toHaveLength(1);
+    const expectedToken = tokens[0];
+    await cleanup();
+    expect(getGasFeeEstimatesAndStartPolling).toHaveBeenCalledTimes(1);
+    expect(disconnectGasFeeEstimatePoller).toHaveBeenCalledWith(expectedToken);
+    expect(tokens).toHaveLength(0);
+  });
+
+  it('works with LEGACY gas prices', () => {
+    const {
+      result: { current },
+    } = renderHook(() => useGasFeeEstimates());
+    expect(current).toMatchObject({
+      gasFeeEstimates: DEFAULT_OPTS.gasFeeEstimates,
+      gasEstimateType: GAS_ESTIMATE_TYPES.LEGACY,
+      estimatedGasFeeTimeBounds: undefined,
+      isGasEstimatesLoading: false,
+    });
+  });
+
+  it('works with ETH_GASPRICE gas prices', () => {
+    const gasFeeEstimates = { gasPrice: '10' };
+    useSelector.mockImplementation(
+      generateUseSelectorRouter({
+        gasEstimateType: GAS_ESTIMATE_TYPES.ETH_GASPRICE,
+        gasFeeEstimates,
+      }),
+    );
+
+    const {
+      result: { current },
+    } = renderHook(() => useGasFeeEstimates());
+    expect(current).toMatchObject({
+      gasFeeEstimates,
+      gasEstimateType: GAS_ESTIMATE_TYPES.ETH_GASPRICE,
+      estimatedGasFeeTimeBounds: undefined,
+      isGasEstimatesLoading: false,
+    });
+  });
+
+  it('works with FEE_MARKET gas prices', () => {
+    const gasFeeEstimates = {
+      low: {
+        minWaitTimeEstimate: 180000,
+        maxWaitTimeEstimate: 300000,
+        suggestedMaxPriorityFeePerGas: '3',
+        suggestedMaxFeePerGas: '53',
+      },
+      medium: {
+        minWaitTimeEstimate: 15000,
+        maxWaitTimeEstimate: 60000,
+        suggestedMaxPriorityFeePerGas: '7',
+        suggestedMaxFeePerGas: '70',
+      },
+      high: {
+        minWaitTimeEstimate: 0,
+        maxWaitTimeEstimate: 15000,
+        suggestedMaxPriorityFeePerGas: '10',
+        suggestedMaxFeePerGas: '100',
+      },
+      estimatedBaseFee: '50',
+    };
+    useSelector.mockImplementation(
+      generateUseSelectorRouter({
+        isEIP1559Network: true,
+        gasEstimateType: GAS_ESTIMATE_TYPES.FEE_MARKET,
+        gasFeeEstimates,
+      }),
+    );
+
+    const {
+      result: { current },
+    } = renderHook(() => useGasFeeEstimates());
+    expect(current).toMatchObject({
+      gasFeeEstimates,
+      gasEstimateType: GAS_ESTIMATE_TYPES.FEE_MARKET,
+      estimatedGasFeeTimeBounds: undefined,
+      isGasEstimatesLoading: false,
+    });
+  });
+
+  it('indicates that gas estimates are loading when gasEstimateType is NONE', () => {
+    useSelector.mockImplementation(
+      generateUseSelectorRouter({
+        gasEstimateType: GAS_ESTIMATE_TYPES.NONE,
+        gasFeeEstimates: {},
+      }),
+    );
+
+    const {
+      result: { current },
+    } = renderHook(() => useGasFeeEstimates());
+    expect(current).toMatchObject({
+      gasFeeEstimates: {},
+      gasEstimateType: GAS_ESTIMATE_TYPES.NONE,
+      estimatedGasFeeTimeBounds: undefined,
+      isGasEstimatesLoading: true,
+    });
+  });
+
+  it('indicates that gas estimates are loading when gasEstimateType is not FEE_MARKET but network supports EIP-1559', () => {
+    useSelector.mockImplementation(
+      generateUseSelectorRouter({
+        isEIP1559Network: true,
+        gasEstimateType: GAS_ESTIMATE_TYPES.ETH_GASPRICE,
+        gasFeeEstimates: {
+          gasPrice: '10',
+        },
+      }),
+    );
+
+    const {
+      result: { current },
+    } = renderHook(() => useGasFeeEstimates());
+    expect(current).toMatchObject({
+      gasFeeEstimates: { gasPrice: '10' },
+      gasEstimateType: GAS_ESTIMATE_TYPES.ETH_GASPRICE,
+      estimatedGasFeeTimeBounds: undefined,
+      isGasEstimatesLoading: true,
+    });
+  });
+
+  it('indicates that gas estimates are loading when gasEstimateType is FEE_MARKET but network does not support EIP-1559', () => {
+    const gasFeeEstimates = {
+      low: {
+        minWaitTimeEstimate: 180000,
+        maxWaitTimeEstimate: 300000,
+        suggestedMaxPriorityFeePerGas: '3',
+        suggestedMaxFeePerGas: '53',
+      },
+      medium: {
+        minWaitTimeEstimate: 15000,
+        maxWaitTimeEstimate: 60000,
+        suggestedMaxPriorityFeePerGas: '7',
+        suggestedMaxFeePerGas: '70',
+      },
+      high: {
+        minWaitTimeEstimate: 0,
+        maxWaitTimeEstimate: 15000,
+        suggestedMaxPriorityFeePerGas: '10',
+        suggestedMaxFeePerGas: '100',
+      },
+      estimatedBaseFee: '50',
+    };
+    useSelector.mockImplementation(
+      generateUseSelectorRouter({
+        isEIP1559Network: false,
+        gasEstimateType: GAS_ESTIMATE_TYPES.FEE_MARKET,
+        gasFeeEstimates,
+      }),
+    );
+
+    const {
+      result: { current },
+    } = renderHook(() => useGasFeeEstimates());
+    expect(current).toMatchObject({
+      gasFeeEstimates,
+      gasEstimateType: GAS_ESTIMATE_TYPES.FEE_MARKET,
+      estimatedGasFeeTimeBounds: undefined,
+      isGasEstimatesLoading: true,
+    });
+  });
+});