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Crypto

The Graph

SymbolGRT
CategoryInfrastructure
NetworkMulti-chain
ConsensusEthereum-based
Market Cap$2.3B
$0.26-0.01 (-3.70%)
$0.27Open
$0.27High
$0.26Low
$0.27Prev Close
130.0MVolume (24h)
$2.3BMarket Cap
9.5B GRTCirculating Supply
10.8B GRTMax Supply
$2.84All-Time High
$0.05All-Time Low
$0.286M High
$0.166M Low
+30.00%YTD Change
-7.14%1Y Change
Multi-chainNetwork
Ethereum-basedConsensus
USDCurrency

Price Chart

At a Glance

The Graph is a decentralized indexing protocol that organizes blockchain data and makes it easily queryable via GraphQL. Often called the "Google of blockchains," it enables developers to build subgraphs that index and serve data for dApps. Major protocols like Uniswap, Aave, and Synthetix rely on The Graph for their data infrastructure.

Network Stats

1.5B+Daily Queries
85K+Subgraphs Published
180+Indexers
11K+Curators
16K+Delegators
45+Chains Indexed
3.2BGRT Staked
$1.2MQuery Fees (30d)

Tokenomics

Indexer Rewards 48%
Core Team 23%
Backers 17%
Edge & Node 8%
Foundation 4%

Key Drivers

Data Infrastructure

bullish

The Graph is essential infrastructure for dApp development, creating sticky demand as Web3 grows.

Multi-chain Expansion

bullish

Support for 45+ chains positions The Graph as the universal blockchain data layer.

Revenue Model

bearish

Query fee revenue remains low relative to token incentives, raising sustainability questions.

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