What is Graphite (GP)?

Graphite (GP) is a token associated with the Graphite ecosystem, a set of applications on Solana linked to products such as letsbonk.fun, bonk.live and Parallel.bot. The ecosystem model links the token to operating activity and a treasury that can run mechanisms such as token buy-backs and token burns.

What is Graphite (GP) used for?

- Staking rewards and incentives through a dedicated GP staking system. - Buy-back and burn mechanisms that use revenue generated by ecosystem products to buy GP in the market and reduce supply via burns. - Participation in holder-focused programmes when distributions or incentive schemes are announced by the ecosystem or treasury. - Integration with ecosystem applications where GP is used as the reference token that connects application activity to the token’s economic model.

Graphite (GP) Markets

#	Instrument	Exchange	Benchmark Score	Price	24h Change	24h Volume	24h Trades	24h Open	24h High
1	GP-USDT gp_usdt	xtpub	-	0.2561USDT	-5.64%	422,892.13GP	5,191	0.2713USDT	0.2723USDT
2	GP-USDT GP_USDT	poloniex	C	0.08500USDT	0.00%	0GP	0	0.08500USDT	0.08500USDT