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View ChartGraphite Protocol (GP) is a multi-chain infrastructure suite built on the Solana blockchain. It provides creators with 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. Its multi-chain support starts with Solana and later expands to ETH and Polygon.
| Item | Details |
|---|---|
| Name (Ticker) | Graphite Protocol (GP) |
| Alternative Names | Graphite |
| Consensus Mechanism | Built on Solana |
| Smart Contracts | Yes (Rust-based, on Solana) |
| Category | Infrastructure, Creator Tools |
| Block Reward | Not applicable — GP is a token on Solana, which has its own validator rewards |
| Max Supply | Not capped |
| Total Supply | Approximately 58.64M GP |
| Circulating Supply | Approximately 35.79M GP |
| Launch | 2021 (per Yahoo Finance overview); CoinMarketCap-listed start date 2023-05-12 — the two dates come from different sources |
| Contract Address (Solana) | 31k88G5Mq7ptbRDf3AM13HAq6wRQHXHikR8hik7wPygk (verifiable on solscan.io) |
| TPS | Leverages Solana's high throughput (thousands of transactions per second) |
| Scaling Solution | Built on Solana |
| Blockchain | Solana |
The founding team is described as composed of distributed systems engineers and cryptography researchers. The core team has been building on Solana since mid-2021. In December 2021, Graphite Protocol and Taiyo Robotics were acquired by Solport Tom from the original project owners, after which the team expanded to over 20 employees.
Graphite Protocol provides a no-code utility suite that simplifies complex blockchain operations for non-technical users. Creators use these tools to launch and manage blockchain projects without writing code. Multi-chain support starts with Solana and then expands to ETH and Polygon.
Graphite Protocol's primary value proposition lies in its no-code tooling for creators and its multi-chain reach.
The GP token is the preferred payment method for protocol services. When GP cannot be used, a SOL, MATIC, or ETH fee is taken to support the team and repurchase Graphite from the secondary market. Graphite powers bonk.live, letsbonk.fun, and Parallel.bot, forming a tokenized loop in which utility drives value and value drives utility back to $GP holders.
GP is listed on several exchanges. Compare fees, liquidity, and regulatory standing before choosing a venue, and make sure any platform you use meets your own requirements for security and compliance.
GP's price is subject to market volatility, and the value of the token can rise or fall significantly. Regulatory policies for crypto assets vary by jurisdiction and may change, which could affect how the token can be used or accessed. Technical risks, including smart contract vulnerabilities and network issues on the underlying blockchain, also apply. The points above are informational and should not be treated as statements of fact about future outcomes.
This article is for reference only and does not constitute investment advice.
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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.
As of right now, the live price of Graphite Protocol (GP) is $0.454646. 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 $154.567448K (reflecting total buying and selling activity over the last 24 hours), with a total market cap of $16.276506M. Its current circulating supply stands at 35.8M out of a maximum supply cap of ∞.
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 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.
Looking at its historical price performance, Graphite Protocol (GP) hit an all-time high (ATH) of $6.974057 on 2025-07-26 23:50, representing the peak of market sentiment. Conversely, its all-time low (ATL) was recorded at $0.027422 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.
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 ($154.567448K), as price breakouts accompanied by strong volume offer higher reliability.
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.
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.
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: $0.454646), you can practice opening/closing positions, adjusting leverage, and setting TP/SL for GPUSDT with zero financial risk.
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 ($0.454646) 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.
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