What is The Graph?
It is an indexing protocol and a global API aimed at organizing blockchain data, while making it easily accessible via GraphQL. Developers can use Graph Explorer to search, find, and publish all the public data they need to build decentralized applications. This makes it possible for developers build serverless dApps that run entirely on public infrastructures.
Who are the founders?
It was founded by Yaniv Tal (Project Lead), Jannis Pohlman (Tech Lead), and Brandom Ramirez (Research Lead)
Who are the investors?
They closed a $5 million private token sale funded by Coinbase Ventures, Framework Ventures, Digital Currency Group, and more; while also did a $2.5 million seed round led by Multicoin Capital. A public sale round of $12 million was also concluded few months before the launch of mainnet.
How does the protocol work?
Developers can define a subgraph which specifies how blockchain data are structured to be consumed by app and dapp developers. App and dapp developers can query the network using subgraph schemas with GraphQL which are paid in GRT tokens.
These data are served by indexers who act as nodes, incentivized with GRT tokens to ensure that the API is always available in a decentralized manner and data are served correctly.
As there can be many subgraphs out there, curators are tasked to find the subgraphs that are most useful to developers. Curators are also incentivized with GRT tokens to find the best subgraph that others would find useful.
Who are its users?
Developers are able to obtain most of the essential Ethereum data through The Graph which includes data for Uniswap, Balancer, Curve, Aave, Moloch DAO, Compound, and more.
Apps and dapps that are using The Graph includes CoinGecko, Uniswap Info, Decentraland, Synthetix, Aragon, and more.
The service have also recently expanded to offer data from other blockchains such as Binance Smart Chain, Bitcoin, Cosmos, Avalanche, Flow, Polygon POS, Arbitrum, Celo, and more.
What is the GRT token?
GRT coin is the native token of the network that’s used to coordinate work. Node operators (called Indexers) can stake and earn GRT for processing queries. Anyone can delegate their tokens to indexers to secure the network and earn rewards. Curators organize data on The Graph by signaling GRT on useful APIs, called subgraphs. Indexers, Delegators, and Curators work together to organize the data for the crypto economy and maintain a useful global API for DeFi and Web3.
Where can you buy The Graph?
GRT tokens can be traded on centralized crypto exchanges. The most popular exchange to buy and trade The Graph is DigiFinex, where the most active trading pair GRT/USDT has a trading volume of $1,447,798.71 in the last 24 hours. Other popular options include Crypto.com Exchange and MEXC.
What is the daily trading volume of The Graph (GRT)?
The trading volume of The Graph (GRT) is $104,669,426.73 in the last 24 hours, representing a 21.70% increase from one day ago and signalling a recent rise in market activity.
What is the all-time high for The Graph (GRT)?
The highest price paid for The Graph (GRT) is BTC0.00006040, which was recorded on Feb 12, 2021 (about 3 years). Comparatively, the current price is -90.80% lower than the all-time high price.
What is the all-time low for The Graph (GRT)?
The lowest price paid for The Graph (GRT) is BTC0.052611, which was recorded on Nov 22, 2022 (over 1 year). Comparatively, the current price is 402.50% higher than the all-time low price.
What is the market cap of The Graph (GRT)?
Market capitalization of The Graph (GRT) is BTC38,314.7187 and is ranked #47 on CoinGecko today. Market cap is measured by multiplying token price with the circulating supply of GRT tokens (9.5 Billion tokens are tradable on the market today).
What is the fully diluted valuation of The Graph (GRT)?
The fully diluted valuation (FDV) of The Graph (GRT) is BTC43,590.1880. This is a statistical representation of the maximum market cap, assuming the maximum number of 11 Billion GRT tokens are in circulation today. Depending on how the emission schedule of GRT tokens are designed, it might take multiple years before FDV is realized.
How does the price performance of The Graph compare against its peers?
With a price decline of -16.00% in the last 7 days, The Graph (GRT) is underperforming the global cryptocurrency market which is down -3.40%, while underperforming when compared to similar Polygon Ecosystem cryptocurrencies which are up 0.00%.
How to add The Graph (GRT) to MetaMask?
Adding The Graph (GRT) to MetaMask allows you to view your token holdings, trade on decentralized exchanges, and more. To add them, you’ll need to import GRT as a token. You can copy GRT’s contract address (0xc944e90c64b2c07662a292be6244bdf05cda44a7) and import it manually, or if you’ve installed MetaMask’s chrome extension, add GRT to MetaMask with one click on CoinGecko.
Add GRT to MetaMask.
