What is The Graph (GRT)?

Deep Dive

1. Core Functionality

The Graph streamlines access to blockchain data through subgraphs, which structure raw onchain information into usable formats. For example, DeFi platforms like Uniswap use subgraphs to display real-time trading data. This eliminates the need for developers to build custom indexing solutions, reducing costs and technical barriers.

2. Decentralized Network Roles

• Indexers: Stake GRT to operate nodes that index data and answer queries, earning fees.
• Curators: Signal GRT on high-quality subgraphs to guide Indexers, sharing query revenue.
• Delegators: Stake GRT with Indexers to earn rewards without running infrastructure.
  This system aligns incentives for accurate, reliable data services while distributing control across participants.

3. Ecosystem Expansion

The Graph supports cross-chain interoperability (via Chainlink’s CCIP) and AI integration. Recent upgrades include:
- Substreams: Real-time data streaming for chains like Solana and TRON.
- Token API: Unified endpoints for token balances, prices, and transaction history.
- AI Tools: Beta features enabling AI agents to query onchain data directly.

Conclusion

The Graph is foundational infrastructure for Web3, transforming fragmented blockchain data into actionable insights. Its decentralized model and multi-chain adaptability position GRT as a critical utility token for dApps, analytics, and AI-driven tools. How will cross-chain GRT staking reshape decentralized data economies as adoption grows?