What is The Graph?
The Graph is a decentralized indexing protocol for querying blockchain data. Often called 'the Google of blockchains,' it allows developers to efficiently search and retrieve data from networks like Ethereum, IPFS, and other blockchains.
Subgraphs are open APIs that anyone can create to organize and serve blockchain data. Major DeFi protocols like Uniswap, Aave, and Compound rely on The Graph for their data needs.
GRT is the native token used for staking by Indexers who process queries, Curators who signal quality subgraphs, and Delegators who secure the network by staking to Indexers.
GRT Tokenomics
GRT has an initial supply of 10 billion tokens with annual issuance for indexing rewards. Token burning from query fees creates a deflationary pressure as network usage grows.
GRT Historical Price Performance
GRT launched in December 2020 and quickly rose to $2.88 in February 2021 amid DeFi excitement. After the bear market correction, it has stabilized as adoption of subgraphs continues to grow across multiple chains.
Frequently Asked Questions
The Graph indexes blockchain data and makes it searchable via GraphQL APIs called subgraphs. DeFi apps, NFT platforms, and DAOs use it to query on-chain data efficiently.
You can earn GRT by becoming an Indexer (processing queries), Curator (signaling quality subgraphs), or Delegator (staking GRT to Indexers for a share of rewards).
Major protocols including Uniswap, Aave, Compound, Synthetix, and many others rely on The Graph's subgraphs for their data indexing needs.
Yes, The Graph has migrated from a hosted service to a fully decentralized network of Indexers, Curators, and Delegators who maintain and secure the protocol.
What is The Graph used for?
The Graph indexes blockchain data and makes it searchable via GraphQL APIs called subgraphs. DeFi apps, NFT platforms, and DAOs use it to query on-chain data efficiently.
How do you earn GRT?
You can earn GRT by becoming an Indexer (processing queries), Curator (signaling quality subgraphs), or Delegator (staking GRT to Indexers for a share of rewards).
Which protocols use The Graph?
Major protocols including Uniswap, Aave, Compound, Synthetix, and many others rely on The Graph's subgraphs for their data indexing needs.
Is The Graph decentralized?
Yes, The Graph has migrated from a hosted service to a fully decentralized network of Indexers, Curators, and Delegators who maintain and secure the protocol.
Risk Warning
Cryptocurrency prices are highly volatile and can change rapidly. The information on this site is provided for informational purposes only and does not constitute financial, investment, or trading advice.