diff --git a/CHANGELOG.md b/CHANGELOG.md
index 0fcb77f7efe..a444faae10f 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -99,6 +99,7 @@ and control over token transfers.
   * [#4801](https://github.com/osmosis-labs/osmosis/pull/4801) refactor: remove GetTotalShares, GetTotalLiquidity and GetExitFee from PoolI
   * [#4951](https://github.com/osmosis-labs/osmosis/pull/4951) feat: implement pool liquidity query in pool manager, deprecate the one in gamm
   * [#5000](https://github.com/osmosis-labs/osmosis/pull/5000) osmomath.Power panics for base < 1 to temporarily restrict broken logic for such base.
+  * [#5468](https://github.com/osmosis-labs/osmosis/pull/5468) fix: Reduce tokenfactory denom creation gas fee to 1_000_000
 
 ## Dependencies
   * [#4783](https://github.com/osmosis-labs/osmosis/pull/4783) Update wasmd to 0.31 
diff --git a/cmd/osmosisd/cmd/root.go b/cmd/osmosisd/cmd/root.go
index 641f027e116..1fb8110ebff 100644
--- a/cmd/osmosisd/cmd/root.go
+++ b/cmd/osmosisd/cmd/root.go
@@ -43,6 +43,7 @@ import (
 	"github.com/joho/godotenv"
 
 	"github.com/cosmos/cosmos-sdk/client/config"
+
 	osmosis "github.com/osmosis-labs/osmosis/v16/app"
 )
 
diff --git a/x/tokenfactory/types/params.go b/x/tokenfactory/types/params.go
index f1884590457..09d9cac75b4 100644
--- a/x/tokenfactory/types/params.go
+++ b/x/tokenfactory/types/params.go
@@ -12,8 +12,8 @@ var (
 	KeyDenomCreationFee        = []byte("DenomCreationFee")
 	KeyDenomCreationGasConsume = []byte("DenomCreationGasConsume")
 
-	// For choice, see: https://github.com/osmosis-labs/osmosis/pull/4983
-	DefaultCreationGasFee = 40_000_000
+	// chosen as an arbitrary large number, less than the max_gas_wanted_per_tx in config.
+	DefaultCreationGasFee = 1_000_000
 )
 
 // ParamTable for gamm module.