coin icon

The Graph Price

(GRT)

$0.01664
0.00%(5m)

1m5m15m1h8h1d1W
The Graph (GRT) Live Price Chart

    The Graph Live Price Data

    The Graph is currently trading at 0.01664, with a 24-hour trading volume of --. Over the past hour, the price of The Graph changed by -1.48%, and over the past week, its value in dropped by -5.18%. The circulating supply of The Graph is 10.91B GRT, with a market cap of 0 , down -1.48% in the last 24 hours. The Graph is ranked #131 by market cap.

    How do you feel about GRT today?

    Note: This data is for reference only.
    pk

    GRT(GRT) Profile

    altRank131
    rateBBB
    Expand
    $0.0166
    $0.01711

    ATH
    $2.87513516
    Price Change (1h)
    -0.23%
    Price Change (24h)
    -1.48%
    Price Change (7d)
    -5.18%
    Market Cap
    24h Volume
    Circulating Supply
    10.91B
    Max Supply
    10B

    About The Graph

    • What is The Graph (GRT) Crypto?

      The Graph is a decentralized protocol for indexing and querying data from blockchain networks. It uses APIs (application programming interfaces) known as subgraphs to index data on the blockchain and make it efficient to query.

      Decentralized applications (dApps) running on blockchains use complex smart contracts to store data on-chain. Beyond the basic data, the remaining information is complicated to read directly from the blockchain.

      These APIs, called subgraphs, can work on public blockchains by organizing data, transforming them to index them, making them easily accessible for network users, and sharing them with dApps that query this data quickly. It eliminates the need for crypto projects to develop and maintain their proprietary indexing servers, reducing significant complexity and cost.

      GRT is the native token of The Graph ecosystem and is an ERC-20 token designed on the Ethereum blockchain. The utility token is used to allocate resources in The Graph’s decentralized network and serves as the native currency of the ecosystem to ensure the economic security of the ecosystem. Network participants can also stake it to contribute to the functioning of The Graph protocol and be earned as a reward in return for their contributions.

    • How Does The Graph Work?

      The Graph indexing protocol solves the challenge of indexing blockchain data and makes using a standard GraphQL API easy. Graph Nodes regularly scan the blockchain network to detect new nodes and the relevant data for the subgraph they may contain. This data is then updated in the Graph Node, where dApps can query and access the data using GraphQL quickly and efficiently.

      Subgraph descriptions, also known as subgraph manifests, define what smart contracts are relevant for each subgraph and the events within those contracts to focus on. They also include information on how to map this event data to data that The Graph will store in its database.

      The following are the critical stakeholders within The Graph Network - developers, indexers, curators, and delegators. Developers are tasked with building services on The Graph’s infrastructure.

      Node operators such as active indexers, curators, and delegators provide services and earn income from The Graph based on the amount of work they perform and the amount of $GRT they stake on the network. Consumers are the end-users who use the applications and access and use the data indexed and queried.

    • When Was The Graph Launched?

      The Graph was founded by Yaniv Tan, Jannis Pohlmann, and Brandon Ramirez in 2018. The founders of the project have previous experience in building tools for developers.

      In January 2019, during the inaugural Graph Day in San Francisco, the team of developers behind The Graph introduced the Hosted Service. This is a no-cost platform developed as a proof-of-concept to showcase an alternative idea for indexing on the Ethereum blockchain.

      The Graph team announced the Graph Foundation in 2020 as a non-profit organization that would look after the development and maintenance of the network. In addition, it would also be responsible for driving the adoption of The Graph’s technology.

      Over time, The Graph project has evolved into an open marketplace of indexers and curators that can collaborate on indexing and make blockchain data more accessible for Web3 and DeFi applications.

    FAQ

    • How much is 1 The Graph (GRT) worth?

    • Is The Graph (GRT) Crypto a Good Investment?

    • What is The Graph (GRT) Price Prediction?

    • What is the GRT Token Used For?

    • What Networks Does The Graph Support?

    • How to Stake The Graph (GRT)

    • What is the all-time high price of The Graph (GRT)?

    • What is the all-time low price of The Graph (GRT)?

    • How much The Graph (GRT) is there in circulation?

    • How do I store The Graph (GRT)?