The Graph is a decentralised indexing protocol that allows applications to query blockchain data efficiently using a query language called GraphQL. Developers building on networks such as Ethereum, Polygon, Arbitrum, and others use The Graph to retrieve structured data \u2014 such as token balances, transaction histories, or smart contract events \u2014 without having to run and maintain their own full nodes. The Graph achieves this through a network of Indexers, who process and store blockchain data; Curators, who signal which datasets are valuable; and Delegators, who stake tokens to support Indexers.<\/p>\n
GRT is the native utility token of The Graph protocol, required for Indexers to provide service and used by Delegators who stake behind them. Query fees paid by data consumers are distributed to Indexers, with a portion going to Delegators and Curators. The Graph has become a widely used piece of infrastructure in the decentralised application ecosystem \u2014 many prominent DeFi and NFT applications rely on The Graph to power their data interfaces. However, GRT holders should note that the token’s economic returns depend on network fee levels, competition from centralised data providers, and the extent to which application developers continue to pay for decentralised indexing rather than migrating to lower-cost hosted alternatives.<\/p>\n","protected":false},"excerpt":{"rendered":"
The Graph is a decentralised indexing protocol that allows applications to query blockchain data efficiently using a query language called GraphQL. Developers building on networks such as Ethereum, Polygon, Arbitrum, and others use The Graph to retrieve structured data \u2014 such as token balances, transaction histories, or smart contract events \u2014 without having to run \u2026<\/p>\n","protected":false},"featured_media":0,"template":"","meta":{"tmp_coingecko_id":"the-graph","tmp_symbol":"GRT","tmp_rank":0,"tmp_chain":"","tmp_ticker":"","tmp_pair":"","tmp_yahoo_symbol":"","tmp_faq":"[{\"q\":\"What problem does The Graph solve for blockchain developers?\",\"a\":\"Querying raw blockchain data directly is computationally expensive and slow. The Graph solves this by maintaining pre-indexed subgraphs u2014 organised datasets covering specific protocols or smart contracts u2014 that developers can query via GraphQL. This makes it far faster to retrieve relevant on-chain information for application frontends without each developer needing to build and maintain their own indexing infrastructure.\"},{\"q\":\"What roles exist within The Graph's network?\",\"a\":\"The Graph protocol has four main participant roles. Indexers process blockchain data and serve queries, earning fees and GRT inflation rewards. Curators signal which subgraphs are high-quality by depositing GRT. Delegators stake GRT behind Indexers to share in their rewards without running infrastructure. Developers publish subgraphs and pay query fees to access the indexed data they need.\"},{\"q\":\"How widely is The Graph used in practice?\",\"a\":\"The Graph indexes data for a large number of deployed applications across Ethereum and other compatible networks. Major DeFi protocols including Uniswap, Aave, and Compound have used The Graph for data queries. The hosted service operated by Edge and Node has handled billions of queries, though the project has been migrating activity toward the fully decentralised network.\"},{\"q\":\"What are the key risks of holding or staking GRT?\",\"a\":\"GRT staking carries slashing risk u2014 Indexers who serve incorrect data can have a portion of their staked GRT burned, which also affects Delegators behind them. The token's value is sensitive to overall DeFi activity levels and to competition from centralised indexing services that may offer lower query costs. Delegated GRT has an unbonding period before it can be withdrawn, limiting liquidity during market downturns.\"}]"},"class_list":["post-1000216","coin","type-coin","status-publish","hentry"],"_links":{"self":[{"href":"https:\/\/dev.themarketperiodical.com\/ru\/wp-json\/wp\/v2\/coin\/1000216","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dev.themarketperiodical.com\/ru\/wp-json\/wp\/v2\/coin"}],"about":[{"href":"https:\/\/dev.themarketperiodical.com\/ru\/wp-json\/wp\/v2\/types\/coin"}],"wp:attachment":[{"href":"https:\/\/dev.themarketperiodical.com\/ru\/wp-json\/wp\/v2\/media?parent=1000216"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}