The Graph Latest News
The Graph (GRT) Price in USD with Live Chart & Market Cap
About The Graph :
The Graph is the protocol for indexing and querying data from blockchains, starting with Ethereum. The Graph decentralizes the query and the API layer of Web3. Developers can now leverage its benefits by building and publishing open APIs, which are known as subgraphs. ...Read more
Fully Diluted Market Cap
Market Cap / TVL Ratio
Total Value Locked (TVL)
Volume / Market Cap
The Graph Stock Price Chart
The Graph Price Chart US Dollar (GRT/USD)
|#||Name||Price||% 1h||% 24h||MarketCap||Circulating Supply||Volume||7d|
|1||$1.88||-1.27%||-4.59%||$2.04 B||1,087,003,006||$49.85 M|
The Graph (GRT) Price Live Statistics
The Graph price today is $1.89 USD, which is up by 8.45% over the last 24 hours. There has been an hourly rise by 5.42%. The Graph’s market cap currently sits at $2,359,830,000.00 USD, holding up for a market cap rank at #52. There is an upsurge in the weekly values by 10.19% Yesterday’s opening price reports to be $1.75 USD while closing rates were $1.74 USD The high/low price for yesterday was $1.82 USD / $1.72 USD and the volume were at $140,943,866.18 USD The high and low price for 7 days is $1.92 USD / $1.53 USD , for 30 days is $1.97 USD / $1.32 USD and for 90 days is $2.88 USD / $0.23399402 USD The Graph ranks no 52 in the market capitalization of The Graph is at $2,359,830,000.00 and its volume for 24 hours is $324,499,000. 1.25 B The Graph are under circulation, with total supply of 10.00 B and the Maximum supply of 10.06 B.
What is a Graph?
The Graph is the protocol for indexing and querying data from blockchains, starting with Ethereum. The Graph decentralizes the query and the API layer of Web3. Developers can now leverage its benefits by building and publishing open APIs, which are known as subgraphs.
The Graph is a decentralized query protocol for getting data off the blockchains and storage network. It creates a peer-to-peer network for developers where they can focus on the functionality of their Dapps. It essentially indexes the nodes using GraphQL.
It is a trustworthy infrastructure where a developer can directly find and consume organized data from the Dapp itself.
The Graph creates a more suitable and easy experience for a developer to consume data that is otherwise conventionally hard to access or, has a long process of waiting before getting access. In conventional blockchains and data storage networks, data is rarely stored in an understandable format that can be directly consumed. It makes the web3 more approachable by decentralizing the query and API layer.
What is the GRT token?
The Graph is an Ethereum (ERC-20) token that powers the Graph. The graph protocol uses its native token GRT to carry out work. Indexers who are the node operators earn by GRT by indexing queries on the platform.
How does The Graph work?
The entire working of The graph consists of Curators, Indexers, Delegators, and Consumers.
Indexers stake GRT to operate node and carry out indexing services. They earn query fees and indexing rewards.
The API signal which needs to be indexed is found by Curators and then they pass it on to Indexers for further process. Curators also find the find subgraphs that are most useful to the developers. There are multiple subgraphs on the networks and hence, curators find the relevant subgraphs that can be beneficial for the developers. They are incentivized for the work they perform.
Delegators are those people who contribute to the graph network. Delegators contribute by delegating GRT to existing Indexers instead of running a node by themselves. In return, they earn indexing rewards and query fees.
Consumers are the end of The Graph query subgraphs and pay to Delegators, Indexers, and Curators for delegating GRT, indexing, and finding subgraphs respectively.
If indexers are found to be malicious or have served incorrect data to the applications, their staked GRT is slashed. However, Curators and Delegtaors are not slashed yet there is a tax withdrawal for poor decisions. Such incentivization helps in maintaining the integrity of the network.
Who are the founders of the graph?
The Graph Protocol team consists of 4 team members Jannis Pohlmann, Brandon Ramirez, Tegan Kline, and Yaniv Tal who is the project lead. The founders have engineering backgrounds. They have spent a significant portion of their careers working on API stack.
Yaniv Tal the who is also the Co-Founder of The Graph Protocol after having set up a successful web start-up was passionate about application development.
He started diving into developer tools and soon discovered that it was very difficult to build an application on Ethereum. Hence, he and his Co-Founders felt the need for an indexing protocol for querying data from blockchains and storage networks. The Graph protocol was build in this quest.
The Graph now supports indexing data on Ethereum, PoA, and IPFS. Adding more networks soon is in the works. To date over 3000 subgraphs have been developed leveraging the benefits of The Graph Protocol for apps like Uniswap, Synthetix, Aragon, AAVE, Gnosis, Balancer, Livepeer, DAOstack, AAVE, Decentraland, and many others.
What is the circulating supply of Graph Token or GRT?
The Graph price of GRT currently is USD 0.483459. GRT has a circulating supply of 1,24,56,66,867 GRT coins and a max. supply of 10,00,00,00,000 GRT coins.
Currently, new token issuance in the form of indexing rewards will be at a rate of 3% annually. It can change further as per technical governance.
Find all the necessary information about the Graph Protocol here. This technology helps to index and query data off from the blockchain and storage networks to make a better Web3 experience that is better than centralized apps.
The Graph Price Today
|The Graph Price||$1.89 USD|
|24 Hour High / Low||$1.92 USD / $1.71 USD|
|24 Hour Volume||$324,499,000|
The Graph Price Yesterday
|Yesterday's High / Low||$1.82 USD / $1.72 USD|
|Yesterday's Open / Close||$1.75 USD / $1.74 USD|
|Yesterday's Change||0.01209931 USD (%)|
|Yesterday's Volume||$140,943,866.18 USD|
The Graph Price History
|7 Day High / Low||$1.92 USD / $1.53 USD|
|30 Day High / Low||$1.97 USD / $1.32 USD|
|90 Day High / Low||$2.88 USD / $0.23399402 USD|
The Graph Supply
|Circulating Supply||1.25 B|
|Total Supply||10.00 B|
|Max Supply||10.06 B|
|The Graph Price (BTC)||0.00089326|
|The Graph/Bitcoin Ratio||1 BTC = 0.00000890 GRT|
|Development status||Working product|