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).

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.

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.

governance

github

twitter

discord

etherscan

website

Infrastructure

The Graph

# P/S ratio (fully diluted) Methodology

## Overview

P/S ratio (fully diluted) measures the fully diluted market cap relative to annualized revenue retained by the project. It shows how highly the project is valued relative to the portion of user-paid fees it captures.

${market_cap_fully_diluted} / (rolling_avg(${revenue}, 30) * 365)

Fully diluted market cap relative to annualized revenue.

The GraphGRT

P/S ratio (fully diluted)

P/S ratio (fully diluted)

Competitive landscape