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The Graph GRT |
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$0.1993742 |
-2.67% (24h) |
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Marketcap |
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$1,903,731,154 |
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Volume 24h |
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$90,048,466 |
Description
The Graph (GRT) is a decentralized indexing protocol that enables the querying of data from blockchains, particularly Ethereum. Launched in 2020, The Graph allows developers to build and publish open APIs, called subgraphs, that can be used to query blockchain data efficiently. GRT, the platform's native token, is used to pay for queries, incentivize indexers, and govern the protocol. The Graph plays a crucial role in the decentralized finance (DeFi) and Web3 ecosystems by making blockchain data more accessible and usable.