Introduction
Lending The Graph can be an excellent option for those who wish to hold GRT while earning a yield. The steps may seem a bit daunting, particularly the first time you undertake them. That's why we've compiled this guide for you.
Step-by-Step Guide
1. Obtain The Graph (GRT) Tokens
To lend The Graph, you need to possess it. To obtain The Graph, you'll need to purchase it. You can choose from these popular exchanges in the UK.
View all 70 pricesPlatform Coin Price Nexo The Graph (GRT) 0.04 PrimeXBT The Graph (GRT) 0.04 YouHodler The Graph (GRT) 0.04 Binance The Graph (GRT) 0.04 BTSE The Graph (GRT) 0.04 Coinbase The Graph (GRT) 0.04 2. Choose a The Graph Lender in the UK
Once you have GRT, you'll need to choose a The Graph lending platform to lend your tokens. You can see some options here.
View all 9 loan ratesPlatform Coin AER Nexo The Graph (GRT) Up to 5% AER YouHodler The Graph (GRT) Up to 16% AER 3. Lend Your The Graph
Once you've chosen a platform to lend your The Graph, transfer your The Graph into your wallet on the lending platform. Once it's deposited, it will start earning AER. Some platforms pay interest daily, while others do so weekly or monthly.
4. Earn AER
Now all you need to do is sit back while your cryptocurrency earns interest. The more you deposit, the more interest you can earn. Try to ensure your lending platform pays compounding interest to maximise your returns.
What to Be Aware Of
Lending your cryptocurrency can be risky. Ensure you conduct thorough research before depositing your crypto. Do not lend more than you are prepared to lose. Review their lending practices, customer feedback, and the measures they take to secure your cryptocurrency.
Latest Movements in the UK
The Graph (GRT) is currently priced at US$5 with a 24-hour trading volume of US$84.28M. The market cap of The Graph stands at US$1.96B, with 9.55B GRT in circulation. For those looking to buy or trade The Graph, Nexo offers avenues to do so securely and efficiently
- Market capitalisation
- US$1.96B
- 24-hour volume
- US$84.28M
- Circulating supply
- 9.55B GRT
Frequently Asked Questions About Lending The Graph (GRT) in the UK
- What is The Graph (GRT) and what problem does it solve?
- The Graph (GRT) is a decentralized protocol for indexing and querying blockchain data. It enables developers to efficiently access on-chain data through open APIs called subgraphs, similar to how APIs work for traditional applications. This helps dApps, wallets, and services fetch relevant data quickly without building bespoke indexing infrastructure. In short, The Graph makes it easier to query blockchain data, improving the performance and developer experience for decentralized applications.
- How is The Graph token used within the network?
- GRT is the native utility token used to coordinate network activity. Indexers stake GRT to operate indexing services, Curators signal the value of subgraphs, and Delegators stake tokens to support indexers without running nodes themselves. Subgraphs with higher curation and stake tend to gain more indexing rewards. Rewards, fees, and penalties align incentives to ensure accurate indexing and data integrity across the ecosystem.
- What is the current supply and potential supply cap for GRT?
- As of now, The Graph has a circulating supply of approximately 10.69 billion GRT and a maximum supply of about 10.80 billion GRT. This means most tokens are already in circulation, with a relatively small remaining supply cap. Investors should consider supply dynamics, including staking incentives and potential emissions, when evaluating long-term value. Note that real-time figures can fluctuate with network activity and staking rewards.
- Is The Graph suitable for long-term staking and how does staking work?
- Yes, staking can be a practical way to participate in The Graph ecosystem. Indexers run nodes to provide indexing and query services and earn rewards in GRT. Delegators can delegate their GRT to trusted indexers to earn a share of staking rewards without running a node themselves. Staking involves risks such as slashing for misbehavior or downtime, so it’s important to choose reputable indexers and understand any lockup periods or minimum stake requirements. Always refer to the latest network guidelines for reward rates and penalties.
- What are the main catalysts and risks for GRT in 2024–2025?
- Key catalysts include advancements to subgraph tooling, increased adoption by dApps and DeFi platforms, and potential upgrades to The Graph’s incentive model or governance. Risks involve competition from alternative indexing solutions, network security concerns, and macro market conditions impacting DeFi activity. Additionally, regulatory developments around crypto assets and token incentives can influence staking demand and token price. Keeping an eye on network upgrades and ecosystem partnerships can help gauge momentum.
