Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment and you should not expect to be protected if something goes wrong. Take 2 minutes to learn more

The Graph (GRT) Price



Please note: like most trading venues, we display the current mid-market rates in our price charts. When you trade, you get the current bid or ask price depending on whether you are buying or selling. There is always a slight difference between the mid-market and the current bid or ask prices. This is a natural result of how Exchange order books work.

About The Graph (GRT)

The Graph is an indexing protocol used to query data from public networks such as the Ethereum blockchain and the InterPlanetary File System (IPFS). 

GRT is the Graph network’s native (ERC-20) token. It’s used to incentivize a decentralized collective of computer (node) operators, called “indexers,” to process queries, staking GRTs along the way.

Founded in 2017 by American entrepreneur Yaniv Tal, the protocol gives users the ability to build and publish their own unique application programming interface (API) known as a “subgraph.” These subgraphs are used to retrieve blockchain data. The indexers validate information on the protocol by performing indexing and query services for specific subgraphs. 

The protocol’s heart and soul, subgraphs, and the unique API capabilities that they furnish, are growing in popularity in the decentralized finance (DeFi) space. APIs define interactions between multiple software intermediaries, allowing the heart and soul of DeFi – decentralized applications (dApps) – to interact and share information. 

When applied to crypto markets, subgraphs allow both application developers and ordinary consumers to retrieve real-time market data (transactions, transfers, proof of ownership, etc.), from dApps running on a public blockchain. These end-users utilize the Graph protocol’s own query language, GraphQL, to submit requests to the subgraph.

There are currently over 3,000 active subgraphs tracking data from Ethereum applications like AAVE, SNX, UNI, and BAL. Each subgraph features what’s known as a subgraph manifest that defines which smart contracts and blockchain events the API will index. The manifest also dictates how data will be mapped to the Graph’s centralized database from which the information can be queried. 

As the native coin, GRT is a means of coordinating the allocation of resources across the platform. GRT activity happens amongst three distinct entities on the platform: the indexers, which, as already mentioned, act as nodes; and two other types of users: delegators and curators. Both stake/direct GRT as a means of stoking and managing subgraph indexing activity. 

Curators can be application developers or data consumers. They signal to indexers which subgraphs they would like to have indexed. Curators “signal on” a subgraph by staking GRT to the API in question. By doing so, the curators receive a portion of the query fees. Fees rise in proportion with query volume, incentivizing curators to stake GRT to the highest quality data sources.

Delegators are individual users. They “delegate” their GRT stake to an indexer in exchange for a portion of the query fee that the indexer earns.

During the last half of 2020, the Graph network’s query volume (and associated fee revenue for all three types of users) rose ten-fold to more than 10 billion as of the end of December 2020.

What is the Price of GRT?

As of early February 2021, GRT is trading around $0.75 up over 100% in just roughly the first month of 2021. Since its mainnet launch, in mid-December 2020, the token has seen large fluctuations in its 24-hour trading volume, ranging from $3.1 billion shortly after launch to just under $80 million in mid-January. For a short period in December GRT was one of the top 10 most heavily traded cryptos in the world. There are currently 1.2 billion GRT in circulation, giving the token a market cap of $940 million, 46th globally.

The coin’s recent rally has coincided with a ten-fold increase in query volume. As web 3.0 expands, so will the need for a high-quality data indexing platform like The Graph, which puts GRT in a position to appreciate in the future. 

How to buy The Graph (GRT)

With Uphold, you can buy digital currencies in just 11 clicks - even if you don’t have an account yet. 

Nothing could be easier.

Here’s how fast it is to get started:

1. Go to and click sign up.

2. Enter your email address and personal details. 

3. Click the link we send you and create a password

… and you’re off to the races!

Just start trading.

Get more coin for your coin

0% withdrawal fees

Low spreads

Learn more

Uphold Europe Limited, Reg No. 09281410, Registered Office: Eastcastle House, 27/28 Eastcastle Street, London, United Kingdom, W1W 8DH

© Uphold 2024. All Rights Reserved.

Uphold (FRN: 938277) is registered with the Financial Conduct Authority (FCA) for AML purposes and complies with the Money Laundering, Terrorist Financing and Transfer for Funds (Information on the Payer).

Uphold is also an EMD agent (FRN: 900577) of Optimus Cards UK Limited (FRN: 902034) which is authorised and regulated by the Financial Conduct Authority to issue e-money pursuant to the Electronic Money Regulations 2011.

The purchase, sale and custody of cryptoassets are regulated by the FCA for anti-money laundering purposes but this does not indicate any approval by the FCA of Uphold’s cryptoasset activities. Cryptoassets are very high risk and speculative.  When purchasing, selling and/or holding cryptoassets, you will not have access to the Financial Ombudsman Service (FOS) or the Financial Services Compensation Scheme (FSCS) if something goes wrong. You should be aware and prepared to potentially lose some or all of your money. You should carefully consider whether trading or holding cryptoassets is suitable for you in light of your financial circumstances.

Fiat money payments and balances (fiat is another name for traditional currencies, such as GBP, USD and EUR) constitute regulated e-money and payment services. In providing fiat balances, you are being issued with e-money by Optimus and Uphold is acting as its agent. See specific e-money terms. E-money is not a deposit or investment account which means that your e-money will not be protected by the FSCS. Your funds will be held in a designated safeguarding account with a regulated financial institution. E-money will not earn any interest.

Additional risk warnings are contained in Uphold’s Terms & Conditions