The Graph is a decentralized indexing protocol and global API designed to organize blockchain data and make it easily queryable. Operating as a layer of public infrastructure, it allows developers to retrieve on-chain information through GraphQL, supporting the creation of serverless decentralized applications without relying on centralized data providers. The protocol was originally launched on Ethereum as an ERC-20 token and has since expanded to multiple networks, including Avalanche, Arbitrum, Polygon, Harmony, and Near. GRT is the network's native utility token, used to coordinate activity among its participants. The system relies on three principal roles: Indexers, who stake GRT to process queries and serve data; Delegators, who delegate tokens to Indexers to support network security in exchange for a share of rewards; and Curators, who signal GRT on high-quality data sources known as subgraphs. Together, these participants maintain a shared, open API layer that serves as a foundational data backbone for a wide range of decentralized finance and Web3 applications.
Six large-cap tokens have already walked through their full investor unlocks — Optimism is the next notable name to cross the line, with its final investor tranche due May 31, 2026.
The Graph is an indexing protocol and global API for organizing blockchain data and making it easily accessible with GraphQL.
The Graph (GRT) is categorised as: Avalanche Ecosystem, Arbitrum Ecosystem, Infrastructure.
The official The Graph site is https://thegraph.com/.
Most recent The Graph coverage: "OP nears full VC unlock as ICP, ETHFI, LDO, GRT, SAND clear vesting" — read at /en-US/a/icp-ldo-grt-and-more-have-cleared-full-vc-vesting.
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