The Graph
grtRank #184The Graph (GRT): the indexing layer that turns raw chain data into queryable APIs
The Graph (GRT) is a decentralized indexing protocol that converts messy on-chain data into organized, queryable APIs called subgraphs, letting developers pull the information their dApps need through GraphQL instead of running and maintaining their own servers.
Indexers, Delegators, and Curators: how GRT works
The network coordinates work through GRT across three roles. Indexers stake the token and earn fees for serving queries, Delegators stake to Indexers to help secure the network and share rewards, and Curators signal GRT on subgraphs to flag which data is worth indexing. That makes GRT a work token: it is the collateral and payment medium that keeps a public data marketplace honest and functioning.
Competition from centralized indexers and the AI angle
The Graph solved a real infrastructure pain and powers a long tail of Web3 and DeFi front-ends, with an emerging pitch as a data layer for AI agents that need structured on-chain information. Its challenge is competing against fast, cheap centralized indexers and RPC providers that many teams default to. The bull case is entrenched developer usage and a decentralization premium; the bear case is that convenience keeps query volume, and fee revenue, off the network. It fits those backing decentralized data infrastructure for the long haul.
- 1. Choose an exchange. Pick a reputable exchange that lists GRT — among the venues we rate highest are Binance, OKX and Kraken.
- 2. Create & verify your account. Register, enable two-factor authentication, and complete identity verification (KYC).
- 3. Deposit funds. Add money by bank transfer, card, or a stablecoin, depending on what the exchange supports in your region.
- 4. Buy GRT. Search for GRT, choose a market or limit order, enter your amount, and confirm.
- 5. Secure your coins. For long-term holdings, withdraw GRT to a self-custody wallet you control rather than leaving it on the exchange.
Compare venues in our independent exchange ratings. This is not financial advice.
What is The Graph (GRT)?
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The Graph (GRT) is a decentralized indexing protocol that converts messy on-chain data into organized, queryable APIs called subgraphs, letting developers pull the information their dApps need through GraphQL instead of running and maintaining their own servers.
What is The Graph used for and how does it work?
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## Indexers, Delegators, and Curators: how GRT works
What is the market cap and rank of The Graph?
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The Graph has a market capitalization of $159.96M, ranking #184 among all cryptocurrencies, on 24-hour trading volume of $12.29M.
How many GRT are in circulation?
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There are 10,799,867,657 GRT in circulation out of a maximum supply of 10,800,262,823 GRT.
What is the all-time high of The Graph?
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The Graph reached an all-time high of $2.84 on Feb 12, 2021. It currently trades 99% below that level.
Is The Graph a good investment?
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Simple Crypto Signal does not provide financial advice. The Graph solved a real infrastructure pain and powers a long tail of Web3 and DeFi front-ends, with an emerging pitch as a data layer for AI agents that need structured on-chain information. Its challenge is competing against fast, cheap centralized indexers and RPC providers that many teams default to. The bull case is entrenched developer usage and a decentralization premium; the bear case is that convenience keeps query volume, and fee revenue, off the network. It fits those backing decentralized data infrastructure for the long haul. As with all crypto, The Graph is volatile and can lose value quickly — do your own research before investing.