The Graph
GRT$258.21
Market Cap
$29.06B
Volume 24h
$2.79B
Vol / Market Cap
9.59%
Rank
#34
GRT Price Chart
The Graph is a protocol for indexing and querying blockchain data for decentralized applications.
The Graph is a decentralized protocol for indexing and querying blockchain data that provides essential infrastructure for Web3 applications.
An indexing protocol for organizing blockchain data. It works like a search engine for the decentralized web, allowing developers to easily pull specific data from various blockchains through open APIs called "subgraphs."
Blockchain Data Indexing: Used to pay "Indexers" and "Curators" who organize and retrieve blockchain data so that developers can build data-rich applications easily.
Web3 Data Indexing: Used by "Indexers" who must stake the token to provide data services. "Curators" use it to signal which data sets are important. Used by developers to query data from various blockchains.
Indexing services are vital but face competition from centralized APIs that are faster and cheaper for developers.
