Graphite Protocol

Graphite Protocol PriceGP

C$0.648792
-C$0.015177-2.29%

Last updated:--

View Chart

Graphite Protocol Price Today

Current GP/CAD real-time price is C$0.648792, with a 24-hour change rate of -2.29% and a 7-day change rate of -2.24%. GP currently ranks #763 globally by market cap, with a total market cap of C$22.801269M, a fully diluted valuation (FDV) of C$37.357166M, and a 24-hour trading volume of C$233.152755K. In terms of supply, GP has a maximum supply of ∞, a current circulating supply of 35.8M, with 61.04% already in circulation and 38.96% remaining to be unlocked.

About Graphite Protocol

What is Graphite Protocol?

Graphite Protocol (GP) is a multi-chain infrastructure suite built on Solana. It gives creators a comprehensive set of non-technical tools for launching and managing blockchain projects. The protocol offers a no-code utility suite that simplifies complex blockchain operations for non-technical users. Multi-chain support begins on Solana and later expands to ETH and Polygon.

Graphite provides no-code tools for creators to launch and manage blockchain projects; as with any early-stage crypto project, token value can be highly volatile and liquidity may be limited.

Key Takeaways

According to the project's official site (graphiteprotocol.io) and whitepaper, Graphite offers a no-code utility suite for creators and powers bonk.live, letsbonk.fun and Parallel.bot.

Key Specifications & Tokenomics

ItemDetails
Name (Ticker)Graphite Protocol (GP)
Alternative NamesGraphite
Consensus MechanismDelegated Proof-of-Stake (via Solana)
Smart ContractsYes (Rust-based, on Solana)
CategoryDeFi
Block RewardN/A (Protocol-level rewards via fees and incentives)
Max SupplyNot capped. Total supply is approximately 58.6 million GP, of which roughly 35.8 million GP is in circulation (about 61%).
Contract Address (Solana)31k88G5Mq7ptbRDf3AM13HAq6wRQHXHikR8hik7wPygk (verify via the official site and Solscan)
Start Date2023-05-12 (per Yahoo Finance data provided by CoinMarketCap)
TPSLeverages Solana's high throughput (thousands of transactions per second)
Scaling SolutionBuilt on Solana
BlockchainSolana

Who Created Graphite Protocol (GP)?

Graphite Protocol and Taiyo Robotics were acquired by Solport Tom in December 2021 from the original project owners. The team subsequently expanded by hiring over 20 employees. The core team has been building on Solana since mid-2021.

How Does Graphite Protocol (GP) Work?

The protocol provides no-code utilities for creators to launch and manage projects. It powers bonk.live, letsbonk.fun and Parallel.bot. The Graphite Token is the preferred payment method for protocol services; where that is not possible, a $SOL/$MATIC/$ETH fee is taken to support the team and repurchase Graphite from the secondary market.

What Makes Graphite Protocol (GP) Unique and Valuable?

According to the project's official site (graphiteprotocol.io) and whitepaper, Graphite offers a no-code utility suite for creators and powers bonk.live, letsbonk.fun and Parallel.bot.

What Is Graphite Protocol (GP) Used For?

The Graphite Token is the preferred payment method for protocol services. Where that is not possible, a $SOL/$MATIC/$ETH fee is taken to support the team and repurchase Graphite from the secondary market. According to the project, Graphite powers bonk.live, letsbonk.fun and Parallel.bot, forming a tokenized loop in which utility drives value back to $GP holders.

How to Buy GP Coin?

GP trades on several venues; check a reputable price aggregator for current markets and always verify the contract address before trading.

This article is for reference only and does not constitute investment advice. Crypto assets are subject to price volatility, regulatory changes and technical risks; readers should assess these uncertainties independently.

How to Buy and Use Graphite Protocol

Purchase Guide

Buy in just 4 steps (Register → Verify → Deposit/Purchase → Receive Coins)

  1. 1Register AccountUse email or phone number to quickly complete BTCC registration in under 1 minute.
  2. 2Identity VerificationComplete basic KYC verification to protect your account and assets.
  3. 3Quick TradeSupports credit cards, online banking and other quick purchase methods.
  4. 4Receive CoinsGraphite Protocol is instantly credited to your BTCC account, ready for trading at any time.

Related Trading

Choose Graphite Protocol products that suit your trading style

Thank you for your interest in BTCC. Currently, spot and futures trading services for GP are not supported. As a leading digital asset platform, BTCC is committed to providing a secure and stable trading environment. We recommend completing your account registration and identity verification (KYC) to explore other premium assets and exclusive benefits available on BTCC.

Graphite Protocol FAQs

What is the live price, market cap, and 24h volume of Graphite Protocol (GP)?

As of right now, the live price of Graphite Protocol (GP) is C$0.648792. Its market price fluctuates in real time based on overall supply and demand, and you can check the updated GP to USD rate at the top of BTCC’s price page. In terms of market scope, Graphite Protocol records a 24h trading volume of C$233.152755K (reflecting total buying and selling activity over the last 24 hours), with a total market cap of C$22.801269M. Its current circulating supply stands at 35.8M out of a maximum supply cap of ∞.

Why does the price of Graphite Protocol (GP) fluctuate, and what drives its volatility?

The price volatility of Graphite Protocol (GP) is essentially driven by market supply and demand dynamics. Key factors behind its price movements include: 1) Global macroeconomic conditions and sentiment, such as Bank of Canada or US Fed interest rate decisions; 2) Tokenomics, including the ratio of circulating supply (35.8M) to max supply (∞), as well as token unlocks and burn mechanisms; 3) Fundamental developments, such as ecosystem expansion, on-chain activity, and core protocol upgrades; and 4) Derivatives market dynamics, including leverage battles and liquidation cascades in perpetual contracts.

What are the all-time high (ATH) and all-time low (ATL) for Graphite Protocol (GP)?

Looking at its historical price performance, Graphite Protocol (GP) hit an all-time high (ATH) of C$9.769747 on 2025-07-26 23:50, representing the peak of market sentiment. Conversely, its all-time low (ATL) was recorded at C$0.038414 on 2025-04-16 13:40. Note that historical highs and lows reflect past performance only and do not guarantee future price trends; investment decisions should always align with live market conditions and your personal risk tolerance.

How to read the Graphite Protocol (GP) price chart for futures trading?

When trading GP futures on BTCC, technical chart analysis begins with identifying key support and resistance levels on 1D and 4H charts using historical price pivots. Next, apply MA/EMA indicators to gauge trend directions, alongside RSI (values above 70 indicate overbought conditions, while below 30 suggest oversold levels). Always validate breakout signals with the 24h trading volume (C$233.152755K), as price breakouts accompanied by strong volume offer higher reliability.

How to profit from Graphite Protocol (GP) price drops? (Short Selling Guide)

Unlike spot trading where you can only profit from rising prices, BTCC’s GPUSDT perpetual contracts support two-way trading. If you anticipate a price decline for Graphite Protocol, simply log into your BTCC account with USDT margin available, navigate to the GPUSDT pair, set your desired leverage and Take-Profit/Stop-Loss levels, and click "Sell/Short". Once the price drops to your target, close your position to lock in profit from the price difference.

Can I trade Graphite Protocol (GP) perpetual futures with high leverage on BTCC?

Yes. BTCC offers flexible, high-tier leverage options for GPUSDT perpetual futures, providing up to 500x leverage (maximum leverage limits may vary depending on liquidity). While leverage boosts capital efficiency by allowing you to control larger position sizes with less margin, it also amplifies liquidation risks proportionately. BTCC strongly advises using Stop-Loss orders to strictly manage risk when trading with high leverage.

How to practise Graphite Protocol (GP) futures trading with a free demo account?

Beginners and traders testing new strategies can switch to BTCC's "Demo Trading" mode with a single click on the App or Web interface. The demo account comes pre-loaded with risk-free virtual funds (such as 100,000 USDT). Powered by live market prices (current price: C$0.648792), you can practise opening/closing positions, adjusting leverage, and setting TP/SL for GPUSDT with zero financial risk.

Step-by-step guide: How to buy and trade Graphite Protocol (GP) on BTCC?

Trading Graphite Protocol (GP) on BTCC requires just 4 simple steps: 1) Register a BTCC account and complete basic Identity Verification (KYC); 2) Buy USDT using fiat via credit card/express payment, or deposit USDT/BTC directly from an external wallet; 3) Navigate to the Futures section, search for GPUSDT, and review its live price (C$0.648792) and chart; 4) Select your margin mode and leverage, choose "Buy/Long" or "Sell/Short" based on your market outlook, set TP/SL orders, and confirm your trade.

Cryptocurrency prices are subject to high market risk and price volatility. You should only invest in products that you are familiar with and where you understand the associated risks. The content expressed on this page is not intended to be and shall not be construed as an endorsement by BTCC regarding the reliability or accuracy of such content. You should carefully consider your investment experience, financial situation, investment objectives, and risk tolerance, and consult an independent financial adviser before making any investment. This material should not be construed as financial advice. Past performance is not a reliable indicator of future performance. The value of your investment can go down as well as up, and you may not get back the amount you invested. You are solely responsible for your investment decisions. BTCC is not responsible for any losses you may incur. For more information, please refer to our Terms of Use and Risk Warning. Please also note that data relating to the above-mentioned cryptocurrency presented here (such as its current live price) are based on third-party sources. They are presented to you on an “as is” basis and for informational purposes only, without representation or warranty of any kind. Links provided to third-party sites are also not under BTCC’s control. BTCC is not responsible for the reliability or accuracy of such third-party sites or their contents.