Risk Wave
671
Danger Zone
The Graph's Risk Wave score is currently 671/100 — placing it in the Danger Zone.
The Graph is trading well above its long-term trend. Elevated risk — consider taking partial profits or tightening stop-losses.
Risk Wave measures how far GRT's price deviates from its long-term trend. Learn more →
Fear & Greed
9/100
Extreme Fear
Market Cap
$258.8M
Category
Infrastructure
Indexing protocol for querying blockchain data, used by many DeFi apps.
Investment thesis: The Graph solves a real infrastructure problem: querying raw blockchain data directly is slow and expensive, so virtually every major DeFi frontend relies on indexed data services. By decentralizing this indexing layer, The Graph reduces single points of failure for Web3 applications. GRT token economics tie protocol usage directly to Indexer and Delegator rewards, creating a usage-linked demand mechanism.
Key risks: Centralized alternatives such as direct Alchemy or Infura data endpoints remain competitive on cost and latency. Migration from the hosted service to the full decentralized network has been gradual, with adoption slower than projected. Token inflation from Indexer rewards creates consistent sell pressure that can weigh on GRT price in low-growth periods.
By Menno — 13 years in crypto, 3 bear markets survived, zero paid promotions
Last updated: March 2026
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Start Free TrialThis page is for informational purposes only and does not constitute financial advice. Cryptocurrency investments carry significant risk including the potential loss of all invested capital. Prices from CoinGecko. Always do your own research before making investment decisions.