Chainlink vs The Graph

General

Description

Chainlink Logo
Chainlink
 (LINK)

Chainlink is a decentralized oracle network available across multiple blockchains. Smart contracts can securely access real-world data (such as prices, weather, or sports results) and communicate with other blockchains through Chainlink - without having to trust any central party.

Chainlink overview
The Graph Logo
The Graph
 (GRT)

The Graph is a decentralized indexing protocol designed for efficiently querying blockchain data and is often referred to as the “Google of the blockchain world.” Using so-called subgraphs, developers can specifically retrieve data from blockchains like Ethereum, Polygon, or Avalanche. Data queries are executed via GraphQL, a query language that allows precise access to only the required information.

The Graph overview

Purpose and goals

Chainlink Logo
Chainlink
 (LINK)
  • Real-world data integration
  • Solving the oracle problem
  • Cross-chain interoperability
  • Reliable infrastructure
The Graph Logo
The Graph
 (GRT)
  • Decentralized indexing of blockchain data
  • Data sourcing for decentralized applications
  • Open interfaces for developers

Price and market data

Price chart

Chainlink
 (LINK)

$25.75

+22.54%
The Graph
 (GRT)

$0.0911

-2.20%
Market data
ChainlinkThe Graph
Market cap
$17.51B
$952.81M
Market share
0.44%
0.024%
Current price

$25.75

+$0.090+0.35%

$0.091

-$0.0032-3.57%
LINK converterGRT converter
All-time high
$52.70
May 10, 2021-50.80%
$2.84
Feb 12, 2021-96.79%
Crypto all-time highs
Cycle low
$4.96
+418.44%Jun 10, 2023
$0.052
+75.07%Nov 22, 2022
Prediction for 2025
Powered by AI
$60.61
+133.28%
$0.26
+180.11%
LINK predictionGRT prediction
Momentum
Negative
NegativePositive
Negative
Negative
NegativePositive
Negative
Relative Strength Index
Sell
BuySell
Sell (71.92)
Neutral
BuySell
Neutral (45.53)
Price trend
Positive
(18/30 days)
Negative
(16/30 days)
Price performance
+150.23%
-36.36%
Price performance
+5.04%
-50.02%
Price performance
+41.39%
-16.56%
Price performance
+22.54%
-2.20%
Price performance
+0.35%
-3.57%
Price performance
-2.30%
-1.70%
Annual return
+25.08%
-55.25%
Annual return
+35.52%
+13.99%
Annual return
+177.75%
+222.05%
LINK returnsGRT returns
Total return
+11,294.22%
2017 – 2025
-21.95%
2020 – 2025
Average annual return
+153.50%
+63.06%
Transaction volume
$3.47B
24h
$42.51M
24h
Max supply
1B
10.8B
Circulating supply
678.1M
10.45B
Inflation
15.50%
Year
9.94%
Year
Crypto inflation

On-chain data

Market data
ChainlinkThe Graph
Total Value Locked (TVL)
What is Total Value Locked?
Market cap/TVL (ratio)
Transactions (avg./day)
3,007
560
Active addresses (24h)
9,581
613

Our rating

Our rating
ChainlinkThe Graph
Our overall rating
Chainlink
The Graph
How we evaluate cryptocurrencies

Our individual ratings

Risk
Chainlink: 5 of 10
Risk (Chainlink)
The Graph: 6 of 10
Risk (The Graph)
Chainlink Logo
The Graph Logo
riskyless risky
Community
Chainlink: 7 of 10
Community (Chainlink)
The Graph: 6 of 10
Community (The Graph)
Chainlink Logo
The Graph Logo
smalllarge
Hype & momentum
Chainlink: 5 of 10
Hype & momentum (Chainlink)
The Graph: 5 of 10
Hype & momentum (The Graph)
Chainlink Logo
The Graph Logo
weakstrong
Active usage
Chainlink: 7 of 10
Active usage (Chainlink)
The Graph: 7 of 10
Active usage (The Graph)
Chainlink Logo
The Graph Logo
lowhigh
Network effect
Chainlink: 5 of 10
Network effect (Chainlink)
The Graph: 6 of 10
Network effect (The Graph)
Chainlink Logo
The Graph Logo
weakstrong
Decentralization
Chainlink: 6 of 10
Decentralization (Chainlink)
The Graph: 4 of 10
Decentralization (The Graph)
Chainlink Logo
The Graph Logo
centralizeddecentralized

Our opinion

Chainlink Logo
Chainlink
 (LINK)
Decentralized applications often require real-world data and communication between different blockchains. The 'oracle problem' and chain isolation were long-standing barriers to blockchain adoption. Chainlink has established itself as the market leader in solving both challenges, now securing over $18 trillion in transaction value. Leading DeFi platforms like Aave, Compound, and Synthetix rely on Chainlink's services. With CCIP for cross-chain interoperability and partnerships with traditional financial institutions like Swift, Chainlink is significantly expanding its addressable market. As the dominant infrastructure provider in this growing sector, we continue to see substantial opportunities for both Chainlink and the LINK token.
Chainlink overview
The Graph Logo
The Graph
 (GRT)
The Graph is a key infrastructure protocol for Web3, enabling efficient querying of blockchain data—a challenge difficult to solve without specialized indexing. It has become the standard in DeFi, NFTs, and gaming, with many applications relying on its subgraphs. The use of GraphQL offers flexibility to developers, and its economic model with indexers, curators, and delegators ensures decentralized data provision. However, challenges remain. Indexing complex blockchains requires significant resources, potentially leading to dominance by a few large players. The model heavily depends on economic incentives—declines in demand or fee structures could impact network security. The variety of indexed data is still developing, limiting some use cases for developers. The Graph’s long-term dominance depends on how it competes with centralized providers like Alchemy or Moralis and its success in maintaining a truly decentralized network infrastructure. Currently, it is the leading decentralized solution for blockchain indexing, but centralized APIs remain a viable alternative in some cases.
The Graph overview

Details

Info
ChainlinkThe Graph
Founder
Sergey Nazarov, Steve Ellis, Ari Juels
Yaniv Tal, Brandon Ramirez, Jannis Pohlmann
Developer
Chainlink Labs
Edge & Node
Published
2017
2020
Open source
Yes
Yes
Sector
Oracles
Indexing
Key feature
Blockchain Oracles
Blockchain Data Indexing
Blockchain
Ethereum Blockchain
Ethereum Blockchain
Staking
No
Yes
Consensus mechanism
Ethereum (ERC-20 Token)
Proof of Stake
Energy consumption
Medium
Low
Transactions per second
Institutional investors
  • 8Decimal
  • Anmi OECD
  • Consensus Capital
  • Framework Ventures
  • Outlier Ventures
  • Fundamental Labs
  • etc.
  • Multicoin Capital
  • Coinbase Ventures
  • Tiger Global Management
  • Digital Currency Group
  • Framework Ventures
  • Fenbushi Capital
  • etc.
Community
1.31M followers
342,793 followers
Website
chain.link
thegraph.com
Whitepaper
Whitepaper
Whitepaper
Chainlink vs The Graph

Chainlink or The Graph

Market data comparison of LINK versus GRT

The current price of Chainlink is $25.75 and has increased by in the last 24 hours. The Graph is currently trading at $0.091, with a drop of over the same period. Chainlink has a market cap of $17.51B and ranks 12th. The Graph follows with a market cap of $952.81M, ranking 118th — meaning it is valued lower.

We automatically update all market data every 15 minutes, so you always have the latest figures for your comparison.

Should I buy Chainlink or The Graph?

You should be aware that investing in cryptocurrencies carries risks, and we are neither allowed nor intending to provide investment advice. Still, we'd like to offer some food for thought: consider the opportunities and risks associated with both Chainlink and The Graph. What target markets and problems are these two projects aiming to address?

If you're still unsure whether to invest in Chainlink or The Graph, you can take a look at some additional market data to help with your decision:

Currently, Chainlink is about below it's all-time high of $52.70 reached on May 10, 2021.
In comparison, The Graph is down approximately from it's all-time high of $2.84 on Feb 12, 2021.
Chainlink currently has a 8,055.21% higher 24h transaction volume of $3.47B compared to The Graph with $42.51M.
Over the past year, Chainlink achieved a total return of , while The Graph returned . Keep in mind, however, that past performance rarely guarantees future results.

Additional criteria for comparing cryptocurrencies:

  • What problem does the project aim to solve, and is a decentralized network meaningful and necessary for it?
  • How actively is the network being used?
  • Does the project have a large and active community?
  • How strong is the development activity? (e.g., on GitHub)
  • How decentralized is the underlying blockchain and the project itself?

How we evaluate cryptocurrencies

These are just a few indicators you can use to better evaluate and compare cryptocurrencies like Chainlink and The Graph. Cryptocurrencies and their underlying technologies are often difficult to compare — even for professionals. So don’t stress yourself out, and never let emotions or fear of missing out drive your investment decisions.

Where can I buy Chainlink or The Graph?

Today, there are many reputable and secure exchanges that make it easy to invest in Chainlink and The Graph. We're happy to help you choose the right one: simply use our exchange comparison tool to find the platform that best suits your needs. Both Chainlink and The Graph are well-known and in high demand, which means they're available on most major exchanges.

Crypto exchanges comparison

Which crypto wallet is best for Chainlink and The Graph?

If you want to store cryptocurrencies like Chainlink or The Graph yourself, choosing the right wallet is essential. Consider your personal preferences when deciding: Is ease of use important to you? Do you prefer maximum security with a hardware wallet (USB device), or is a software wallet sufficient for your needs? Our crypto wallet comparison helps you find the best wallet for Chainlink, The Graph, and many other cryptocurrencies.

Crypto wallets comparison

How does our comparison work?

Data & Interfaces

Our market data is automatically updated every 15 minutes. This means you can always use the latest data for your comparisons. We obtain the data through web interfaces (API) from CoinGecko, Santiment, DefiLlama, CoinCodex and many more

Research & Deepdive

We regularly sift through a jungle of technical whitepapers, websites, social media and forums for you. In doing so, we filter out essential and relevant information in order to present it to you clearly and comprehensibly in our comparison

Analysis & Valuation

We research and use analysis tools for blockchains and their networks, to form a fact-based foundation for our valuation. Please note that this is not an investment recommendation, but merely our personal opinion.

Community & Feedback

We check our information every 1-2 months to ensure it is up to date and correct. With the help of our community, we can find outdated or incorrect data even faster. Of course, we also welcome your feedback or suggestions for improvement!

Our data on cryptocurrencies was last updated on 2025-08-18T23:50:33.036172+00:00. Sources: CoinGecko, santiment.net, defillama.com, coincodex.com.

The content on this website is provided for general informational purposes only and does not constitute financial, investment, legal, or tax advice. It should not be interpreted as a guarantee of future price developments or as an invitation to act. All visitors are responsible for independently verifying any information before using a listed service. Trading cryptocurrencies involves significant risk and may result in the total loss of your invested capital. Past performance is not indicative of future results. We do not assume any liability for the timeliness, accuracy, or completeness of the information provided, including third-party content. Some of the links on this website are affiliate links. If you purchase a product or service through one of these links, we may receive a commission — at no additional cost to you. All actions are taken at your own risk.