# The Graph

> Track The Graph's fees, revenue, active users and earnings with daily on-chain data across 3 chains. Compare The Graph with other infrastructure projects.

Source: [The Graph on Token Terminal](https://tokenterminal.com/explorer/projects/the-graph). This page has no metric values. For current values, use the [Token Terminal API](https://tokenterminal.com/docs/api-reference/introduction) or the [MCP server](https://tokenterminal.com/docs/mcp/introduction).

- Token: GRT
- Sectors: Infrastructure
- Chains: arbitrum, ethereum, polygon

## About

### What it is

The Graph is an indexing protocol built on Ethereum and other blockchains. The Graph was founded by Brandon Ramirez, Jannis Pohlmann, Yaniv Tal and launched in 2018.

### Who uses it

GRT tokenholders own and govern the protocol. They currently take all of the total fees (revenue). The Graph’s investors include Multicoin Capital, Coinbase Ventures, Framework ventures, etc.

### How it works

The Graph provides blockchain data and receives query fees from demand-side users. Supply-side users also pay fees for delegating to a node, curating subgraphs, disputes and when slashing occurs (revenue). Indexers, delegators and curators perform indexing services for which they are compensated by The Graph (expenses).

## Metrics

Token Terminal tracks these metrics for The Graph daily. Each page has a chart with the full history.

- [Price](https://tokenterminal.com/explorer/projects/the-graph/metrics/price)
- [Fully diluted market cap](https://tokenterminal.com/explorer/projects/the-graph/metrics/market-cap-fully-diluted)
- [Circulating market cap](https://tokenterminal.com/explorer/projects/the-graph/metrics/market-cap-circulating)
- [Token trading volume](https://tokenterminal.com/explorer/projects/the-graph/metrics/token-trading-volume)
- [Token turnover (fully diluted)](https://tokenterminal.com/explorer/projects/the-graph/metrics/token-turnover-fully-diluted)
- [Token turnover (circulating)](https://tokenterminal.com/explorer/projects/the-graph/metrics/token-turnover-circulating)
- [Token holders](https://tokenterminal.com/explorer/projects/the-graph/metrics/tokenholders)
- [Circulating supply](https://tokenterminal.com/explorer/projects/the-graph/metrics/token-supply-circulating)
- [Fees](https://tokenterminal.com/explorer/projects/the-graph/metrics/fees)
- [Revenue](https://tokenterminal.com/explorer/projects/the-graph/metrics/revenue)
- [Expenses](https://tokenterminal.com/explorer/projects/the-graph/metrics/expenses)
- [Cost of revenue](https://tokenterminal.com/explorer/projects/the-graph/metrics/cost-of-revenue)
- [Token incentives](https://tokenterminal.com/explorer/projects/the-graph/metrics/token-incentives)
- [Gross profit](https://tokenterminal.com/explorer/projects/the-graph/metrics/gross-profit)
- [Earnings](https://tokenterminal.com/explorer/projects/the-graph/metrics/earnings)
- [P/F ratio (fully diluted)](https://tokenterminal.com/explorer/projects/the-graph/metrics/pf-fully-diluted)
- [P/F ratio (circulating)](https://tokenterminal.com/explorer/projects/the-graph/metrics/pf-circulating)
- [P/S ratio (fully diluted)](https://tokenterminal.com/explorer/projects/the-graph/metrics/ps-fully-diluted)
- [P/S ratio (circulating)](https://tokenterminal.com/explorer/projects/the-graph/metrics/ps-circulating)
- [Active users (daily)](https://tokenterminal.com/explorer/projects/the-graph/metrics/user-dau)
- [Active users (weekly)](https://tokenterminal.com/explorer/projects/the-graph/metrics/user-wau)
- [Active users (monthly)](https://tokenterminal.com/explorer/projects/the-graph/metrics/user-mau)
- [Active addresses (daily)](https://tokenterminal.com/explorer/projects/the-graph/metrics/active-addresses-daily)
- [Active addresses (weekly)](https://tokenterminal.com/explorer/projects/the-graph/metrics/active-addresses-weekly)
- [Active addresses (monthly)](https://tokenterminal.com/explorer/projects/the-graph/metrics/active-addresses-monthly)
- [Core developers](https://tokenterminal.com/explorer/projects/the-graph/metrics/active-developers)
- [Code commits](https://tokenterminal.com/explorer/projects/the-graph/metrics/code-commits)
- [Transaction count (contracts)](https://tokenterminal.com/explorer/projects/the-graph/metrics/transaction-count-contracts)
- [Gas used](https://tokenterminal.com/explorer/projects/the-graph/metrics/gas-used)
- [Average fees per user (AFPU)](https://tokenterminal.com/explorer/projects/the-graph/metrics/afpu)
- [Average revenue per user (ARPU)](https://tokenterminal.com/explorer/projects/the-graph/metrics/arpu)
- [Take rate](https://tokenterminal.com/explorer/projects/the-graph/metrics/take-rate)

## Links

- [governance](https://forum.thegraph.com/)
- [github](https://github.com/graphprotocol)
- [twitter](https://twitter.com/graphprotocol)
- [discord](https://discord.gg/vtvv7FP)
- [etherscan](https://etherscan.io/token/0xc944e90c64b2c07662a292be6244bdf05cda44a7)
- [website](https://thegraph.com/en/)