The Graph ditches Ethereum, migrates to Arbitrum in anticipated move

The move is the third and final phase of a planned move to the Arbitrum network to lower gas fees and speed up transactions

article-image

CryptoFX/Shutterstock modified by Blockworks

share

The Graph, a blockchain indexing protocol founded in 2018, is fully migrating to the Arbitrum network from Ethereum on Wednesday. 

The Graph’s move to the popular layer-2 was initiated by network participants in an attempt to lower gas fees, accelerate transactions, and increase the protocol’s accessibility, according to a press release from The Graph Foundation.

Edge & Node CEO Tegan Kline said users weighed the options among layer-2 networks and Arbitrum ultimately came out on top.

“The Graph users have continually searched for solutions to improve gas efficiencies and enhance other aspects of the network,” Kline said in a statement. “After careful consideration of all options on the market, the ecosystem selected Arbitrum as the Layer 2 scaling solution that will bring speed and affordability to protocol developers and network participants.”

This has been long in the making, with plans to move being known as far back as April 2022 via a governance proposal that suggested creating a set of contracts that would bridge GRT transactions to Arbitrum. Discussions about moving to a layer-2 network because of prohibitively expensive gas prices date back to November 2021 on The Graph’s forums. 

A June 2022 proposal was the first to present a deployment of The Graph on Arbitrum. Its proposers, Edge & Node software engineers Pablo Carranza Vélez and Ariel Barmat, suggested it wasn’t a good idea to migrate in “one go.”

Since then, The Graph has gradually taken more steps to exit the Ethereum network, including enabling indexing rewards on Arbitrum and deploying transfer tools enabling users to move tokens to Arbitrum. Both proposals were passed unanimously.

The statement from The Graph Foundation further explained that its users should start receiving transition prompts today.

“Protocol users will be presented with an option to transition to Arbitrum across The Graph’s suite of products. Protocol rewards will continue to gradually shift from Ethereum to Arbitrum, and over time, will transition entirely to Arbitrum,” the press release said.

Updated June 14, 2023 at 2:00 pm ET: A previous version of this article stated that The Graph migrated to Arbitrum on Tuesday. The protocol made the switch on Wednesday.


Get the news in your inbox. Explore Blockworks newsletters:

Tags

Upcoming Events

Old Billingsgate

Mon - Wed, October 13 - 15, 2025

Blockworks’ Digital Asset Summit (DAS) will feature conversations between the builders, allocators, and legislators who will shape the trajectory of the digital asset ecosystem in the US and abroad.

Industry City | Brooklyn, NY

TUES - THURS, JUNE 24 - 26, 2025

Permissionless IV serves as the definitive gathering for crypto’s technical founders, developers, and builders to come together and create the future.If you’re ready to shape the future of crypto, Permissionless IV is where it happens.

Brooklyn, NY

SUN - MON, JUN. 22 - 23, 2025

Blockworks and Cracked Labs are teaming up for the third installment of the Permissionless Hackathon, happening June 22–23, 2025 in Brooklyn, NY. This is a 36-hour IRL builder sprint where developers, designers, and creatives ship real projects solving real problems across […]

recent research

Research Report Templates (1).jpg

Research

Jupiter has emerged as the undisputed liquidity backbone of Solana, commanding over 90% of spot DEX aggregation and 80% of perp trading volume. But behind the numbers lies a far more ambitious play: a cross-chain, vertically integrated super-app spanning swaps, synthetics, NFTs, memecoins, and launchpads. This report explores Jupiter’s rapid rise, the monetization upgrades reshaping its revenue profile, and the risks that could unwind its dominance, from token dilution to competition. With annualized revenues nearing $300M, the upside is undeniable, if it can navigate the turbulence.

article-image

Zora’s announcement that its token is for “fun only” sparked a debate about the need for such tokens

article-image

In recent weeks, Helium has hit new all-time highs while passing major protocol milestones

article-image

Financial advisers in a January survey said equity ETFs were their top choice for gaining crypto exposure in 2025

article-image

“Why put a target out there that’s really speculative, not knowing exactly where this environment is going to go?” CarMax CEO Bill Nash said

article-image

While the head of Base may support legal sex work, Coinbase policies prohibit said workers from using its exchange.

article-image

EVM bottlenecks fundamentally hold back Ethereum’s scalability