GRT Price Today
The Graph price today is $0.155861 with a 24-hour trading volume of $105,306,492. GRT price is down -2.0% in the last 24 hours. It has a circulating supply of 6.9 Billion GRT coins and a total supply of 10 Billion. If you are looking to buy or sell The Graph, HitBTC is currently the most active exchange.
What was the highest price for The Graph?
The Graph hit an all time high of $2.84 on Feb 12, 2021 (over 1 year).
What was the lowest price for The Graph?
The Graph had an all time low of $0.103254 on Dec 17, 2020 (over 1 year).
What was the 24 hour trading volume of The Graph?
The 24 hour trading volume of The Graph is $105,306,492.
Where can The Graph be traded?
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?
Apps and dapps that are using The Graph includes CoinGecko, Uniswap Info, Decentraland, Synthetix, Aragon, 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.