GR

The Graph

GRT
IndexingRank #34Ethereum

$258.21

-7.94%24h
+4.44%7d

Market Cap

$29.06B

Volume 24h

$2.79B

Vol / Market Cap

9.59%

Rank

#34

GRT Price Chart

About The Graph

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.

How It Works

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."

Use Cases

Blockchain Data Indexing: Used to pay "Indexers" and "Curators" who organize and retrieve blockchain data so that developers can build data-rich applications easily.

Tokenomics

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.

Risks & Considerations

Indexing services are vital but face competition from centralized APIs that are faster and cheaper for developers.

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