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The Graph is an indexing protocol and global API for organizing blockchain data and making it easily accessible with GraphQL.
All-in-one crypto wallet and exchange.
FOR CONTEXT
$292.51M compared to the worldAbout this comparison
This page compares the market capitalizations of The Graph (GRT) and Backpack (BP). With The Graph currently at $0.0268 per coin and a market cap of $293.57M, and Backpack at $1.17 with a market cap of $292.51M, applying Backpack's market cap to The Graph's circulating supply produces a hypothetical GRT price of $0.0267 — a 1.00x move from current.
The Graph: The Graph is an indexing protocol and global API for organizing blockchain data and making it easily accessible with GraphQL.
Backpack: All-in-one crypto wallet and exchange.
All figures are live from the underlying market data feed. Past performance and hypothetical valuations are not indicative of future results.
Frequently asked
If The Graph had Backpack's market cap, what would the price be?
If The Graph (GRT) had Backpack's (BP) current market cap of $292.51M, each GRT would be worth approximately $0.0267 based on the circulating supply of 10,941,320,353 GRT. That is 1.00x the current GRT price of $0.0268.
What is the current market cap of The Graph?
The Graph (GRT) currently has a market cap of $293.57M, ranking #152 by market capitalization. Each GRT trades at $0.0268.
What is the current market cap of Backpack?
Backpack (BP) currently has a market cap of $292.51M, ranking #153 by market capitalization. Each BP trades at $1.17.
How does GRT compare to BP?
The Graph's market cap of $293.57M sits below Backpack's $292.51M. For GRT to reach BP's current valuation, the price would need to move 1.00x from its current level.
Is this comparison financial advice?
No. G.MARKETS is an informational tool. The hypothetical price shown is a mathematical calculation assuming The Graph's circulating supply stays constant — it is not a prediction, recommendation, or any form of financial, investment, legal, or tax advice. Always do your own research before making any decision related to crypto assets.