BTCC/ Crypto Prices / The Graph (GRT)
The Graph

The Graph Price GRT

AUD
A$0.040068
A$0.001048 +2.69%
1D7D1M3M1Y YTD All

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The Graph Today's Price

The real-time price of The Graph today is A$0.040068(GRT/AUD), with a market capitalization of A$428.43M AUD. The 24-hour trading volume is A$23.17M AUD. The price of GRT to AUD updates in real time. Over the past 24 hours, The Graph has changed by +2.69%, with a circulating supply of 10.71B.

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About The Graph

What is The Graph?

The Graph is open-source software that collects, processes and stores data from various blockchain applications, facilitating information retrieval.

Originally launched on the Ethereum blockchain, The Graph aims to help developers use relevant data to make their decentralised applications (dapps) more efficient.

It analyses and gathers blockchain data before storing it in various indices called subgraphs. This allows any application to send a query to its protocol and receive an immediate response.

These queries are posed by decentralised applications (dapps) through GraphQL, a widely used language originally created by Facebook to gather data for users’ news feeds.

Users of The Graph who provide services to the network — known as indexers and delegators — help process the data and pass it on to end users and applications.

How does The Graph work?

The Graph’s first step for aggregating data happens through the Graph Nodes, who continuously scan network blocks and smart contracts for information.

When an application adds data to the blockchain through smart contracts, the Graph Node adds the data from these new blocks to its appropriate Subgraphs.

Once the Graph Node extracts information, there are three types of users who contribute to organizing data in its protocol.

These include:

  • Curators – Subgraph developers who assess which subgraphs are of high quality and need to be indexed by The Graph. Of note, Curators attach GRT to the subgraphs they believe in.
  • Indexers – Node operators tasked with providing indexing and querying services for the signaled subgraphs, and must stake GRT in order to provide these services.
  • Delegators – Delegate GRT to indexers in order to contribute to running the network without installing a node.

All users earn a portion of the network fees for their work, dependent on their role.

This data can then be easily accessed by applications seeking information that will help them run their software through the use of queries.

Why does GRT have value?

GRT is a cryptocurrency that derives its value from its ability to ensure the successful execution of smart contracts that depend on the Graph protocol.

Notably, GRT is the only cryptocurrency used for key network operations. For instance, consumers submitting queries to indexers must pay a query fee in GRT.

Curators earn query fees for the subgraphs they signal, while indexers earn a portion of the query fees and protocol rewards. Delegators, meanwhile, earn a share of the indexer fees by lending their GRT tokens.

Anyone who owns and stakes GRT tokens can participate in decisions affecting the software by voting on proposals for the rules that govern the platform’s use. Delegators can assign their voting rights to someone else to vote on their behalf.

Investors should note that while The Graph introduced 10 billion GRT in 2020, the total supply is set to increase by around 3% on average each year, with an estimated 1% of tokens to be removed from circulation annually.

How to buy GRT?

The easiest way to buy GRT is through a crypto exchange like BTCC. BTCC makes purchasing GRT easy and accessible whether you use fiat currency or crypto. Trusted by over 9.1 million investors across 100 countries, BTCC is dedicated to offering excellent crypto trading service for all trades. If you’re ready to dive in and make your first GRT purchase, register with BTCC today!

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The Graph FAQ

Why is The Graph going up?

The Graph's price is increasing due to demand outstripping supply, driven by widespread adoption, positive news, and investor optimism. For in-depth analysis, visit our BTCC Academy.

 

Is The Graph a promising investment based on its price history?

The Graph(GRT) has historically grown over time but is volatile. Investment decision relies on risk tolerance and long-term strategy.

When will The Graph crash again?

Predicting the exact timing of a The Graph crash is impossible, as the market is influenced by a lot of factors, such as global economics, regulation, and investor sentiment.

For a long-term investor, understanding this cyclical nature is more valuable than trying to time the next crash. Also visit the BTCC Academy section for technical and marketing information.

What was The Graph’s all-time low (ATL)?

The The Graph All-Time Low (ATL) price was 0, recorded on 2020-12-17 17:25. This represents the lowest price for The Graph(GRT) on record.

 

 

What was The Graph’s all-time high (ATH)?

The The Graph All-Time High (ATH) was A$4.10, which was recorded on 2021-02-12 07:25, representing the highest price The Graph has ever reached. Please note that this is a historical record, and the live price fluctuates constantly. We recommend monitoring the live GRT price for the most up-to-date information.

How many The Graph are there?

The Graph(GRT) currently records a circulating supply of 10.71B, and its maximum supply is capped at ∞.

 

What is the current market cap of The Graph(GRT)?

The current market cap of The Graph(GRT) is A$428.43M. The market cap of a cryptocurrency means its total circulating supply multiplied by its current price.

What is The Graph's 24h trading volume?

The Graph's 24h trading volume is A$23.17M, representing the total value of all The Graph(GRT) bought and sold across exchanges over the past 24 hours.

What is the current price of The Graph(GRT)?

The current The Graph price is A$0.040068. As the GRT price fluctuates constantly, BTCC provides real-time GRT to USD prices that can be accessed at the top of our crypto price page.

How to Buy The Graph: A Complete Guide?

The Graph can be purchased directly on BTCC using fiat currency or other cryptocurrencies. As a famous crypto futures exchange, BTCC offers over 360 futures contracts with flexible leverage of up to 500x, including GRTUSDT.

Cryptocurrency prices are subject to high market risk and price volatility. You should only invest in products that you are familiar with and where you understand the associated risks. The content expressed on this page is not intended to be and shall not be construed as an endorsement by BTCC regarding the reliability or accuracy of such content. You should carefully consider your investment experience, financial situation, investment objectives, and risk tolerance, and consult an independent financial adviser before making any investment. This material should not be construed as financial advice. Past performance is not a reliable indicator of future performance. The value of your investment can go down as well as up, and you may not get back the amount you invested. You are solely responsible for your investment decisions. BTCC is not responsible for any losses you may incur. For more information, please refer to our Terms of Use and Risk Warning. Please also note that data relating to the above-mentioned cryptocurrency presented here (such as its current live price) are based on third-party sources. They are presented to you on an “as is” basis and for informational purposes only, without representation or warranty of any kind. Links provided to third-party sites are also not under BTCC’s control. BTCC is not responsible for the reliability or accuracy of such third-party sites or their contents.