Ask about The Graph · freeTotal Value Locked$0
TVL by Chain
Ethereum$0
Arbitrum$0
The chart plots Staking as its own series; it is not part of the TVL above.
Key Metrics
Fees 30d$18,307
Fees 30d by chain
Arbitrum$18,307
Fees 7d$3,939
Arbitrum$3,939
Fees 24h$783
Arbitrum$783
Cumulative Fees$1.45m
Arbitrum$1.45m
Revenue 30d$0
Revenue 30d by chain
Arbitrum$0
Revenue 7d$0
Arbitrum$0
Revenue 24h$0
Arbitrum$0
Cumulative Revenue$584,275
Arbitrum$584,275
Holders Revenue 30d$0
Holders Revenue 30d by chain
Arbitrum$0
Holders Revenue 7d$0
Arbitrum$0
Holders Revenue 24h$0
Arbitrum$0
Cumulative Holders Revenue$5,832
Arbitrum$5,832
Incentives 1y$0
Incentives 30d$0
Incentives 7d$0
Incentives 24h$0
Cumulative Incentives$0
Earnings (Annualized)$1,550
Earnings 30d$0
Earnings 7d$0
Earnings 24h$0
Cumulative Earnings$584,275
Market Cap$267.04m
$GRT Price$0.024
Fully Diluted Valuation$283.44m
Outstanding FDV$302.26m
$GRT Volume 24h$17.25m
CEX Volume$9.48m
DEX Volume$7.52m(43.57% of total)
Staked$49.64m(18.59% of mcap)
Total Raised$272.1m
Jun 30, 2020$5.1mRound: Investors: AU21 Capital, Coinbase Ventures, CoinIX Capital, DCG, DTC Capital, Fabric Ventures, Framework Ventures, JD Capital, Lemniscap, Multicoin Capital, ParaFi Capital, Sustany Capital, Tally Capital
Oct 28, 2020$12mRound: ICOInvestors: Future\Perfect Ventures, Launch Code Capital
Jan 23, 2022$50mRound: Private token saleInvestors: Tiger Global Management
Feb 19, 2022$205mRound: Ecosystem Foundation raiseInvestors: Multicoin Capital, DCG, Reciprocal Ventures
Protocol Information
The Graph is a web3 protocol for organizing and accessing blockchain data
Methodology
TVL: TVL counts GRT tokens deposited on the Staking contracts.View code on GitHubFees: Total query fees paid by users for accessing subgraph dataView code on GitHubRevenue: Combined revenue from protocol tax (burned fees)View code on GitHubHolders Revenue: Combined revenue from protocol tax (burned fees)View code on GitHubIncentives: Tokens allocated to users through liquidity mining or incentive schemes, typically as part of governance or reward mechanisms.
Earnings: Revenue of the protocol minus the incentives distributed to users
Competitors
The Graph history
TVL is the default DefiLlama definition, which excludes Staking. Daily values are UTC snapshots from Jul 16, 2025 to Oct 22, 2026.
All-time high TVL: $0 on Jul 16, 2025.
Daily TVL, Sep 23, 2026 to Oct 22, 2026
| Date | TVL |
|---|---|
| Sep 23, 2026 | $0 |
| Sep 24, 2026 | $0 |
| Sep 25, 2026 | $0 |
| Sep 26, 2026 | $0 |
| Sep 27, 2026 | $0 |
| Sep 28, 2026 | $0 |
| Sep 29, 2026 | $0 |
| Sep 30, 2026 | $0 |
| Oct 1, 2026 | $0 |
| Oct 2, 2026 | $0 |
| Oct 3, 2026 | $0 |
| Oct 4, 2026 | $0 |
| Oct 5, 2026 | $0 |
| Oct 6, 2026 | $0 |
| Oct 7, 2026 | $0 |
| Oct 8, 2026 | $0 |
| Oct 9, 2026 | $0 |
| Oct 10, 2026 | $0 |
| Oct 11, 2026 | $0 |
| Oct 12, 2026 | $0 |
| Oct 13, 2026 | $0 |
| Oct 14, 2026 | $0 |
| Oct 15, 2026 | $0 |
| Oct 16, 2026 | $0 |
| Oct 17, 2026 | $0 |
| Oct 18, 2026 | $0 |
| Oct 19, 2026 | $0 |
| Oct 20, 2026 | $0 |
| Oct 21, 2026 | $0 |
| Oct 22, 2026 | $0 |
TVL at each month end, Jul 2025 to Oct 2026
| Date | TVL |
|---|---|
| Jul 31, 2025 | $0 |
| Aug 31, 2025 | $0 |
| Sep 30, 2025 | $0 |
| Oct 31, 2025 | $0 |
| Nov 30, 2025 | $0 |
| Dec 31, 2025 | $0 |
| Jan 31, 2026 | $0 |
| Feb 28, 2026 | $0 |
| Mar 31, 2026 | $0 |
| Apr 30, 2026 | $0 |
| May 31, 2026 | $0 |
| Jun 30, 2026 | $0 |
| Jul 31, 2026 | $0 |
| Aug 31, 2026 | $0 |
| Sep 30, 2026 | $0 |
| Oct 22, 2026 (latest) | $0 |
Fees, revenue and holders revenue by UTC calendar month, Nov 2024 to Oct 2026
| Month | Fees | Revenue | Holders revenue |
|---|---|---|---|
| Nov 2024 | $39,754 | $39,754 | - |
| Dec 2024 | $78,207 | $78,207 | - |
| Jan 2025 | $31,340 | $31,340 | - |
| Feb 2025 | $14,731 | $14,731 | - |
| Mar 2025 | $9,690 | $9,690 | - |
| Apr 2025 | $45,238 | $15,760 | $299 |
| May 2025 | $115,556 | $1,155 | $1,155 |
| Jun 2025 | $26,284 | $262 | $262 |
| Jul 2025 | $37,449 | $372 | $372 |
| Aug 2025 | $136,237 | $1,363 | $1,363 |
| Sep 2025 | $66,480 | $663 | $663 |
| Oct 2025 | $66,050 | $660 | $660 |
| Nov 2025 | $61,510 | $618 | $618 |
| Dec 2025 | $31,582 | $258 | $258 |
| Jan 2026 | $47,112 | $93 | $93 |
| Feb 2026 | $29,740 | $10 | $10 |
| Mar 2026 | $42,997 | $77 | $77 |
| Apr 2026 | $29,964 | $2 | $2 |
| May 2026 | $39,365 | $0 | $0 |
| Jun 2026 | $27,839 | $0.01 | $0.01 |
| Jul 2026 | $31,301 | $0 | $0 |
| Aug 2026 | $25,498 | $0 | $0 |
| Sep 2026 | $19,432 | $0 | $0 |
| Oct 2026 (to date) | $11,774 | $0 | $0 |
The .csv export on the chart above downloads every daily value. The same data is in the public API: https://api.llama.fi/protocol/the-graph
Frequently asked questions
What is The Graph's TVL?
As of Oct 22, 2026, The Graph has $0 in total value locked.
How much has The Graph generated in fees and revenue?
Over the past 30 days, The Graph generated $18,307 in fees. Of that, $0 was protocol revenue. Based on the trailing year, the annualized rate is $446,423 in fees and $1,550 in revenue.
What is the GRT token price and valuation?
GRT is currently trading at $0.024. Its circulating market capitalization is $267.04m, ranking it #219. Its fully diluted valuation is $283.44m. Supply currently stands at 10.941b circulating, 11.613b total supply.
How has GRT performed recently?
GRT is down 1.9% over the past 7 days and up 2.4% over the past 30 days. Its all-time high is $2.84, reached on Feb 11, 2021. The token is currently 99.1% below that level.
How does The Graph's TVL compare to similar protocols?
Among Developer Tools protocols tracked by DefiLlama, The Graph ranks #13 by TVL. The category holds $0.0011 across 27 protocols, and The Graph accounts for 0% of that total. Similar protocols include 0xScans, Zero1 Labs, Aethir, SQD.ai, Syscall-SDK, Intuition, Blast API, Go Ethereum, Ethers, and Revoke.cash.