05/19/2024
BTC66,985.0
ETH3,115.53
USDT1.0
BNB579.22
SOL172.33
USDC1.0
XRP0.520812
DOGE0.153853
BUSD1.0

The Graph (GRT) Price

GRT
4,7
$0.311715
Market cap
2,966,827,778.0
Total volume
68,372,065
Circulating supply
9,508,538,150
Total supply
10,788,004,319
The Graph serves as an indexing protocol and universal API, designed to streamline the organization and access of blockchain information through GraphQL. It empowers developers with the ability to utilize Graph Explorer for the discovery, procurement, and publication of all necessary public data for crafting decentralized applications. This framework facilitates the creation of serverless dApps that operate exclusively on public platforms.

GRT represents the core currency of this ecosystem, facilitating the coordination of tasks. As an ERC20 token, GRT enables Node operators, known as Indexers, to stake and accumulate GRT in exchange for query processing. It allows for anyone to delegate their GRT towards Indexers, contributing to the network's security while garnering financial rewards. Curators enhance The Graph's system by earmarking GRT towards valuable APIs, identified as subgraphs. This collaborative effort among Indexers, Delegators, and Curators is key in structuring the data landscape for the digital economy, sustaining an invaluable global API for DeFi and Web3.

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