# The Graph (GRT) Tokenomics: +1.07% New Supply in 90 Days *Originally published at https://mrnasdog.com/research/grt (checked Oct 23 2026)* As of Oct 19 2026, new The Graph supply runs at **+1.07%** over 90 days and **+4.30%** over 12 months. - **Long-run signal:** negative (Oct 23 2026) - **Score:** 3.5/10 — supply 2/5, demand 1.5/5 - **New supply:** +1.07% in 90 days · +4.30% in a year - **Demand:** very weak (1.5/5) - **Price drivers:** 0 ▲ price up · 1 ▼ price down ## Where new The Graph comes from The Graph mints 120.73 GRT every Ethereum block, a fifth of it to a Foundation fund since Sep 1 2026, and the Foundation lock frees 12.92M GRT a month, against a burn of only 63K. Net +1.04%, +1.07% next. New GRT: +1.07% in 90 days, +4.30% in a year. Supply score 2/5, "growing" (place 46 of 101). ## How strong is The Graph demand? The Graph demand: 1.5/5 (**very weak**), place #80 among 110 coins — interest today plus the buying that could come later. A deeper GRT demand breakdown is on the page for members. ## The things that move The Graph 2 things outside the score can move GRT's price — today 0 ▲ up, 1 ▼ down. ### • Foundation takeover The Foundation now runs the network and gets 20% of issuance. Good for the price: Changes bring more usage. Bad for it: Foundation sells GRT. | Date | What happened / what is coming | |---|---| | Aug 19 2026 | Foundation runs network | | Aug 25 2026 | Rewards tied to service | | Aug 26 2026 | Council OKs GIP-0089 | | Sep 1 2026 | 20% issuance to Fdn | | Sep 16 2026 | Network outage | | Sep 22 2026 | Indexer rules tighten | | Oct 8 2026 | Studio moves to network | | Late 2026 | Direct indexer payments (coming) | *Checked Oct 19 2026* ### ▼ Staked GRT Staked GRT fell about 20% since Sep 30 2025, still dropping. More GRT staked → price up · Stake leaves → price down. Today: the price-down case. | Date | Staked on Arbitrum | |---|---| | Aug 31 2026 | 1,944 M GRT | | Sep 30 2026 | 1,927 M GRT | | Oct 10 2026 | 1,942 M GRT | | Oct 19 2026 | 1,856 M GRT | *Checked Oct 19 2026* ## Questions about GRT supply ### Is The Graph (GRT) inflationary or deflationary? The Graph (GRT) is inflationary right now: its supply changes +1.07% over the next 90 days and +4.30% over the next year (checked Oct 19 2026). More GRT is added than removed. ### What is the GRT inflation rate in 2026? About +4.30% a year: that is how much The Graph (GRT) supply changes over the next 12 months, with +1.07% in the next 90 days (checked Oct 19 2026). That puts GRT #46 of 101 coins we track for new supply (#1 = the most new supply). ### When is the next GRT token unlock? The next The Graph (GRT) unlock we track is on Nov 17 2026: about 12.9M GRT, 0.12% of the GRT in circulation (Foundation monthly vesting slice). Checked Oct 19 2026. ### Does The Graph burn or buy back GRT? Yes. In our count, about 63.2K GRT is expected to leave the market over the next 90 days through burns, buybacks or locks (checked Oct 19 2026). How it works: Only 63,217 GRT burned from query and curation taxes in 90 days; no buyback. ### Where does new GRT supply come from? In our count, about 117M new GRT reaches the market over the next 90 days (checked Oct 19 2026). How it works: 77.93M new GRT from issuance (120.73 per Ethereum block) + 38.75M from the Foundation lock over the next 90 days. ### How much GRT is in circulation? About 10.9B GRT is in circulation (checked Oct 19 2026). Over the next 90 days that changes +1.07%, and over a year +4.30%. ### Does GRT have more new supply than KAIA, BONK or LUNC? Over the next 90 days (checked Oct 19 2026): GRT +1.07%, KAIA +1.04%, BONK 0.00%, LUNC −0.17%. GRT has the most new supply of these 4 coins. ## Read more on GRT - GRT supply, line by line: https://mrnasdog.com/research/grt/inflation - Where The Graph sits on new supply: https://mrnasdog.com/token-supply - Why supply and demand decide GRT's signal: https://mrnasdog.com/research/pressure-framework/full *Every answer here applies basic economic theory — the law of supply and demand — to this coin's data. It is not financial advice.*