Graphite Protocol (GP) Price

$3.33

Graphite Protocol (GP) Price Today

The live price of Graphite Protocol is 3.33 USD. In the past 24 hours, the trading volume of Graphite Protocol was 26.4M USD, down by -17.39%. The current price has decreased by 0% from its 7-day high of - USD, and increased by 0% from its 7-day low of - USD. With a circulating supply of 62,252,013.47 GP, the market cap of Graphite Protocol is currently 126.9M USD, down by 0% in the last 24 hours. Graphite Protocol currently ranks #344 by market capitalization among cryptocurrencies.

Graphite Protocol (GP) Market Data

Market Cap

$104M

24h Volume

$26.4M

Circulating Supply

31.1M GP

Maximum Supply

Fully Diluted Market Cap

$207.9M

Liquidity Indicator

25.44%

About

Rate

Buy

Leaderboard

FAQ

About Graphite Protocol (GP)

What Is Graphite Protocol (GP) and How Does It Work?

Graphite Protocol (GP) is a blockchain-based creator infrastructure platform designed to help NFT artists, game developers, and Web3 builders launch and scale their projects. Built initially on the Solana blockchain and expanding to Ethereum and Polygon, Graphite provides no-code tools for minting NFTs, setting up storefronts, and integrating on-chain revenue models without needing deep technical knowledge. The protocol is developed by Taiyo Robotics, a well-known NFT brand on Solana.

At the core of the ecosystem is the $GP token, which powers transactions, platform fees, and premium features across Graphite’s suite of tools. Creators can use GP to launch campaigns, games, and collectibles, while users benefit from seamless cross-chain support. Fees paid in SOL, ETH, or POL are used to buy back and burn GP tokens, driving long-term value through deflationary mechanics. This creator-first model helps lower the barrier to entry for launching Web3 products while aligning incentives between creators, users, and token holders.

When Was Graphite Protocol Launched?

Graphite Protocol (GP) is a multi-chain blockchain infrastructure developed by Taiyo Robotics, designed to empower creators and innovators in Web3. Initially built for Solana, with planned expansions to Ethereum and Polygon, it provides no‑code minting tools, dynamic storefronts, integrated minting mechanics, and on‑chain earning opportunities.

Founded by “Solport Tom”, a Web2 entrepreneur who rebuilt Taiyo Robotics after early setbacks in 2021, eventually pivoting to what became Graphite Protocol. Taiyo Robotics launched in January 2023, as its flagship NFT ecosystem on Solana; Graphite Protocol emerged as its core layer shortly afterward.

Initial public release of Graphite Protocol infrastructure occurred in early to mid‑2023 following the revival of Taiyo under new leadership. Over the following months, staking, minting tools, and token mechanics (GP buy‑back & burn) were introduced, aligned with the broader Taiyo roadmap.

Graphite Protocol Roadmap & Key Milestones

Unlike rigid schedules, Graphite Protocol and Taiyo Robotics favor agile planning, adapting to market trends and community needs. Key focus areas include:

1. Multi-chain expansion: Solana initially, moving into Ethereum & Polygon via cross-chain integrations.

2. Creator onboarding tools: Launchpad services, anti-bot minting infrastructure, storefronts, and revenue sharing utilities.

3. Staking & token utility models: Support for staking Taiyo NFTs to earn GP; GP-based minting; and integration of a buy‑back and burn mechanism across ecosystem fees.

4. Partnerships: Collaborations such as the BONK Fun pairing, which channels a share of fees into GP buy‑backs and burns, dramatically boosting demand and visibility.

What Are the Main Use Cases of GP Token?

The $GP token is the native utility token of the Graphite Protocol ecosystem, designed to power a range of creator-focused services. Its primary use cases include paying for NFT minting, accessing creator tools, participating in revenue-sharing mechanisms, and staking within the Taiyo Robotics platform. GP is also integrated into a buy-back and burn system, where transaction fees collected in SOL, ETH, or MATIC are used to purchase and burn GP, reducing circulating supply and increasing long-term value. In addition, holders of Taiyo NFTs can stake them to earn GP rewards, further enhancing the token’s utility across the ecosystem.

On the BingX spot market, you can trade GP tokens by depositing USDT or another supported stablecoin into your BingX account. Then, navigate to the GP/USDT trading pair, place a market or limit order, and your purchased GP tokens will be credited to your spot wallet.

What Is Graphite Protocol Tokenomics?

Graphite Protocol (GP) has a capped maximum supply of 150 million GP tokens, designed with long-term sustainability and deflation in mind. Graphite Protocol’s GP token allocation is distributed as follows:

- Pilots & Incentives: ~15% (~9.34M GP)

- Team (vested): ~18.7% (~11.64M GP)

- Private Investors (vested): ~5% (~3.11M GP)

- Bonus & Staking Rewards: ~20% (~12.45M GP)

- Advisors (10‑year vesting): ~3% (~1.87M GP)

- Graphite Transition Swap: ~2% (~1.25M GP)

- Reserves (liquidity & misc.): ~10% (~6.23M GP)

- Public IDO: ~1.3% (~0.81M GP)

- Staking (Taiyo Gen1/Gen2 holders): ~25% (~15.56M GP)

How to Stake GP Tokens on Graphite Protocol

Here’s a complete, user-friendly guide to staking GP tokens on Graphite Protocol:

1. Connect Your Wallet & Access the GP Staking Dashboard: Go to the official GP Tier Staking platform hosted by Taiyo Robotics. There, you’ll connect your Solana-compatible wallet, such as Phantom, Solflare, or Trust Wallet set to the Solana network, to the staking interface.

2. Choose Your Tier & Stake GP: The staking program uses a tiered staking structure:

- Lock-based tiers that provide increasing rewards based on the amount of GP staked and the duration of the lock.

- Select your desired stake amount and tier level, review the lock duration details (commonly 90 days), and confirm the transaction in your wallet.

3. Earn Rewards Over Time: Once GP is locked, it is tokenized into an NFT “shard.” These shards allow you to earn GP rewards as projects launch or ecosystem incentives are distributed. Higher tiers offer greater reward rates.

4. Redeem or Re-stake After Maturity: After your lock period completes, the shard becomes redeemable:

- You can redeem GP plus accrued rewards.

- Or re-stake into another tier to compound your rewards or adjust to new tier benefits.

What Blockchain Network Does Graphite Protocol Operate on?

Graphite Protocol (GP) operates natively on the Solana blockchain, leveraging Solana’s high-speed, low-cost infrastructure to deliver fast and efficient on-chain functionality. It uses Solana’s ecosystem for token native operations, including minting, staking, and trading via DEXs like Orca and Meteora. The protocol is actively developing multi-chain capabilities, with planned expansion and cross-chain compatibility across Ethereum and Polygon, built to support creator tools and no-code tokenization across diverse blockchain networks.

How to Store GP Tokens Securely

The simplest and most convenient way to store GP tokens is through your BingX spot wallet. Once you've purchased GP on the BingX spot market, your tokens are automatically stored in your secure BingX wallet, which offers protection through multi-layered security protocols, real-time monitoring, and risk controls. This is ideal for active traders or beginners who prefer a user-friendly, custodial solution without having to manage private keys or deal with external wallets.

For those who prefer self-custody, you can store GP tokens in non-custodial wallets that support the Solana blockchain, such as Phantom, Solflare, or Trust Wallet. These wallets allow full control over your private keys and integrate seamlessly with Solana DEXs like Orca or Meteora for decentralized trading. For maximum security, especially if you're holding large amounts of GP, consider using hardware wallets like Ledger or Tangem, which keep your keys offline and reduce exposure to hacks or phishing attacks. Always double-check you're using the correct token contract and network settings to avoid loss.

Is Graphite Protocol (GP) a Good Investment?

GP benefits from a robust buy-back and burn mechanism fueled by its partnership with LetsBONK.fun, where approximately 7.6% of platform fees are allocated to purchasing and burning GP tokens. Given that Bonkfun generates substantial daily revenue, this allocation translates to over $100K in GP buybacks each day, equating to nearly $37.7M per year, a powerful deflationary force given GP’s relatively modest market cap. Since GP’s market cap is far smaller than BONK’s, these buybacks have a disproportionately greater impact on supply reduction and price support.

Built to serve Web3 creators, GP powers minting, staking, and tools across Solana and upcoming Ethereum/Polygon integrations, supporting user-friendly, no-code onboarding. Its utility expands as more creator campaigns, NFT drops, and dApp launches adopt Graphite’s tools, driving real-world demand for GP tokens. Additionally, recent on-chain data highlights a surge in whale accumulation, whale wallet holdings increased by over 8% in a single day, reinforcing confidence from significant stakeholders.

Information source

Official Website

Whitepaper

Graphite Protocol (GP) Price Converter

GP to USD

1 GP = $ 3.33

GP to VND

1 GP = ₫ 87,529.58

GP to EUR

1 GP = € 2.87

GP to TWD

1 GP = NT$ 99.17

GP to IDR

1 GP = Rp 54,642.41

GP to PLN

1 GP = zł 12.30

GP to UZS

1 GP = so'm 42,355.65

GP to JPY

1 GP = ￥ 492.02

GP to RUB

1 GP = ₽ 266.69

GP to TRY

1 GP = ₺ 135.65

GP to THB

1 GP = ฿ 107.67

GP to UAH

1 GP = ₴ 139.50

GP to SAR

1 GP = ر.س 12.52

Graphite Protocol Price Converter

How to Buy Graphite Protocol (GP)

Create & Verify Your Account

Create a free BingX account using your email or phone number, set a strong password, and complete identity verification (KYC) by submitting your personal details and a valid photo ID.

Fund Your Account

Choose a payment method—bank account, card, or more—to deposit funds into your BingX account.

Trade Now

Now that your account is funded, you can seamlessly trade Graphite Protocol GP and other cryptocurrencies while exploring BingX’s diverse trading features!

How to Buy GP Guide

Trending Crypto Assets

Discover the most traded crypto assets on BingX over the last 24 hours.

New Cryptocurrencies and Listings

Explore newly-listed crypto assets on BingX and never miss the next opportunity.

URANUS

$0.4811

+92.44%

WORTHLESS

$0.01260

+152.00%

IKA

$0.04147

+107.35%

RHEA

$0.06510

+44.82%

NAORIS

$0.03745

-43.11%

Frequently Asked Questions about Graphite Protocol (GP)

How much is 1 Graphite Protocol (GP) worth?

What is the price prediction for Graphite Protocol (GP)?

What is the all-time high price of Graphite Protocol (GP)?

What is the all-time low price of Graphite Protocol (GP)?

How many Graphite Protocol (GP) are there in circulation?

What is the market capitalization of Graphite Protocol (GP)?

Where can I buy Graphite Protocol (GP)?

How to trade Graphite Protocol (GP) on BingX?

What affects the price of Graphite Protocol (GP)?

How do I cash out my Graphite Protocol (GP)?

Disclaimer:

Price analysis and valuation are influenced by multiple factors, and theoretical projections do not guarantee that a token will reach a specific price level. The information provided is for informational purposes only and does not constitute investment advice. Investors should conduct their own research before making any financial decisions.

By accessing and using this platform, you agree to comply with our Terms of Use.

Trading cryptocurrencies and other financial instruments involves risks, including the potential for loss of funds. You should never trade more than you can afford to lose. Please be aware of the risks involved and seek independent financial advice if necessary.

For more detailed information, please refer to our Risk Disclosure Statement.