About The Graph (GRT)
The Graph (GRT) is the native token of The Graph protocol, a decentralized indexing and querying system for blockchain data. It enables developers to efficiently access and organize information from blockchain networks such as Ethereum, IPFS, and others through open APIs known as subgraphs.
The Graph is designed to support data accessibility in the Web3 ecosystem by allowing users to query on-chain data using GraphQL. The protocol reduces the complexity of interacting with blockchain data by indexing it, similar to how traditional search engines index web content. This allows decentralized applications (dApps) to retrieve and display blockchain data more efficiently.
GRT is an ERC-20 token used within The Graph’s ecosystem for protocol coordination and resource allocation. It is utilized by key participants including Indexers, Curators, and Delegators. Indexers operate nodes and process queries, Curators identify valuable subgraphs, and Delegators stake GRT with Indexers to support the network. These roles ensure that relevant data is organized and served reliably to applications.
The protocol began with a hosted service and is transitioning toward a fully decentralized network. The decentralized version allows community governance and broader participation in indexing and curation processes across supported blockchain networks.
As of now, the total supply of GRT stands at 11.37 billion tokens, with a circulating supply of approximately 10.52 billion.
GRT is listed on Binance for trade and purchase. The live market price of GRT is updated in real time and available on Binance.