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The Graph

GRT

USD

About The Graph

GRT is an Ethereum token that powers The Graph, a decentralized protocol for indexing and querying data from blockchains. Just as Google indexes the web, The Graph indexes blockchain data from networks like Ethereum and Filecoin. This data is grouped into open APIs called subgraphs that anyone can query.

The Graph (GRT) is an indexing protocol that aims to facilitate data querying for networks such as Ethereum and IPFS. It is designed to power numerous applications in the DeFi and broader Web3 ecosystem. The Graph allows anyone to build and publish open APIs, known as subgraphs, which applications can query using GraphQL to retrieve blockchain data. The Graph currently supports indexing data from Ethereum, IPFS, and POA, with the intention to include more networks. The Graph has a global community, including over 200 Indexer Nodes in the testnet and more than 2,000 Curators in the Curator Program.

The Graph operates by using Graph Token (GRT), a work token that is locked up by Indexers, Curators, and Delegators to provide indexing and curating services to the network. GRT is an ERC-20 token on the Ethereum blockchain, used to allocate resources in the network. Active Indexers, Curators, and Delegators may receive compensation from the network proportional to the amount of work they perform and their GRT stake. Indexers are compensated with indexing rewards and query fees, while Curators receive a portion of query fees for the subgraphs they signal on. Delegators receive a portion of the compensation received by the Indexer they delegate to.

The Graph aims to bring reliable decentralized public infrastructure to the mainstream market. It is designed to ensure the economic security of The Graph Network and the integrity of data being queried. The Graph can be used by developers to build and publish open APIs, called subgraphs, that applications can query to retrieve blockchain data. This eliminates the need for third-party facilitators, making it easier for developers to get started building on The Graph. The Graph has been used by thousands of developers for DApps like Uniswap, Synthetix, Aragon, AAVE, Gnosis, Balancer, Livepeer, DAOstack, Decentraland, and many others.

The Graph was founded by Yaniv Tal (project lead), Brandon Ramirez (research lead), and Jannis Pohlmann (tech lead). The founders have engineering backgrounds and have worked together for 5-8 years. Tal and Ramirez studied electrical engineering at USC and worked together at MuleSoft, an API developer tools company that underwent an IPO and sold to SalesForce. They previously co-founded a developer tools startup together and have spent a significant portion of their careers working to optimize the API stack. The Graph was born from this vision to create immutable APIs and data access, using the GraphQL query language. To support network development, The Graph received contributions from community members, strategic VCs, and influential individuals in the blockchain community.

Market

Market stats

Market cap

$1.8B

Volume (24h)

$57.0M

Circulating supply

9.5B GRT

Typical hold time

79 days

Popularity

#51

All time high

$2.90

Market performance

Price change (1h)

+0.27%

Price change (1d)

-6.18%

Price change (1w)

-7.34%

Price change (2w)

+0.89%

Price change (1m)

-14.31%

Price change (1y)

+74.55%

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Social

Some highlights about The Graph on social media

846 unique individuals are talking about The Graph and it is ranked #357 in most mentions and activity from collected posts. In the last 24 hours, across all social media platforms, The Graph has an average sentiment score of 3.5 out of 5. Finally, The Graph is becoming more newsworthy, with 0 news articles published about The Graph. This is a 0% increase in news volume compared to yesterday.

On Twitter, people are mostly neutral about The Graph. There were 43.88% of tweets with bullish sentiment compared to 7.14% of tweets with a bearish sentiment about The Graph. 48.98% of tweets were neutral about The Graph. These sentiments are based on 98 tweets.

On Reddit, The Graph was mentioned in 1 Reddit posts and there were 3 comments about The Graph. On average, there were more upvotes compared to downvotes on Reddit posts and more upvotes compared to downvotes on Reddit comments.

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Overview

Contributors

846 people

Posts

136 posts

Dominance

0.06%

Volume rank

#357

Average Sentiment

3.5 out of 5

Twitter

Coinbase Bytes

Coinbase Bytes

The week’s biggest crypto news, sent right to your inbox

The Graph is on the decline this week.

The price of The Graph has increased by 0.27% in the last hour and decreased by 6.18% in the past 24 hours. The Graph’s price has also fallen by 7.34% in the past week. The current price is $0.19 per GRT with a 24-hour trading volume of $57.03M. Currently, The Graph is valued at 93.54% below its all time high of $2.90. This all-time high was the highest price paid for The Graph since its launch.

The current circulating supply of The Graph is 9,548,531,509.165 GRT which means that The Graph has as total market cap of 9,548,531,509.165.

FAQ

What is the current price of The Graph?

We update our The Graph to USD currency in real-time. Get the live price of The Graph on Coinbase.

What is the market cap of The Graph?

The current market cap of The Graph is $1.80B. A high market cap implies that the asset is highly valued by the market.

What is the all time high of The Graph?

The all-time high of The Graph is $2.90. This all-time high is highest price paid for The Graph since it was launched.

What is the 24 hour trading volume of The Graph?

Over the last 24 hours, the trading volume of The Graph is $57.03M.

What other assets are similar to The Graph?

Assets that have a similar market cap to The Graph include First Digital USD, Arbitrum, Mantle, and many others. To see a full list, see our comparable market cap assets.

How many The Graph are there?

The current circulating supply of The Graph is 9.5 billion.

What is the typical holding time of The Graph?

The median time that Coinbase customers hold The Graph before selling it or sending it to another account or address is 79 days.

What is the relative popularity of The Graph?

The Graph ranks 9 among tradable assets on Coinbase. Popularity is currently based on relative market cap.

What is the current trading activity of The Graph?

Currently, 96% of Coinbase users are buying The Graph. In other words, 96% of Coinbase customers have increased their net position in The Graph over the past 24 hours through trading.

Can I buy The Graph on Coinbase?

Yes, The Graph is currently available on Coinbase’s centralized exchange. For more detailed instructions, check out our helpful how to buy The Graph guide.