GRT Price Statistics
|ATH Market Cap||$ 6,536,283,342|
|24h Trade Volume|
|Vol (24h) / MCap|
|Total Supply||GRT 10,000,000,000|
|Max Supply||GRT 10,000,000,000|
|All Time High|
(12 Feb 2021)
|24H||-$ 0.0126||-9.97%||$ 0.127||$ 0.111|
|7D||-$ 0.0112||-8.91%||$ 0.144||$ 0.111|
|14D||-$ 0.00517||-4.33%||$ 0.144||$ 0.111|
|1M||-$ 0.0131||-10.3%||$ 0.144||$ 0.109|
|3M||-$ 0.0287||-20.1%||$ 0.175||$ 0.106|
|6M||$ 0.0499||+77.9%||$ 0.227||$ 0.0539|
|YTD||$ 0.0587||+106%||$ 0.227||$ 0.0552|
|1Y||-$ 0.0422||-27%||$ 0.227||$ 0.0519|
The Graph is an open-sourced software. It can be used for the collection, processing, and storing of data from various blockchain applications to facilitate information retrieval. Developers can build and publish various APIs called subgraphs that perform queries over the Graph QL. In essence, The Graph aims to be an indexing protocol to make blockchain data easier to access. As such, the platform can be used to conveniently search for any set of data based on Ethereum through the use of simple queries. This addresses the common problem that many other blockchain indexing platforms have.
GRT is The Graph’s native ERC-20-based token. It can be used as a medium of exchange and a reward for community participants on the network.
The project claims that it makes querying fast, reliable, and secure. It also allows anyone to build and publish application programming interfaces (APIs) called subgraphs. These act as intermediaries and allow two applications to communicate with each other.
The Graph aggregates data through the use of its Graph Nodes. These work by continuously scanning network blocks and smart contracts for information. When an application adds data to the blockchain through smart contracts, the Graph Node then adds this new data to its appropriate Subgraphs.
Once the Graph Node has extracted the information from the blockchain, there are three types of users who are vital contributors to organizing the data in its protocol. These are:
All users playing a role earn a percentage of the network fees, dependent on the specific work they complete. The other fundamental players on the platform include:
The indexed data can then be easily accessed by applications seeking specific sets of information in order to help the running of their software through the use of queries. For example, the Decentraland platform accesses The Graph's information to source land, accessories, as well as collectibles across applications. It then brings these items into Decentraland’s own marketplace, allowing its users to purchase them from a central location.
The Graph can be bought at the DEXs and CEXs as listed here.
The Graph's current price is $ 0.114, it has dropped -9.97% over the past 24 hours.
The Graph's All Time High (ATH) of $ 2.86 was reached on 12 Feb 2021, and is currently -96% down.
The current circulating supply of The Graph is 9.00 Billions tokens, and the maximum supply of The Graph is 10.00 Billions.
The Graph’s 24 hour trading volume is $ 43.58 Million.
The Graph's current share of the entire cryptocurrency market is 0.09%, with a market capitalization of $ 1.03 Billion.
You can find more details about The Graph on its official website and on the block explorer.