GRT to ETH: Swap The Graph Token for Native Ether, No KYC
To swap GRT to ETH, enter the GRT amount, paste the Ethereum address that should get the ETH and the address you send from, then send ERC-20 GRT on Ethereum mainnet to the one-time deposit address. The swap needs no account or ID, and the payout is native ETH on Ethereum mainnet, not on Arbitrum or another layer-2.
- Within minutes
- No account · No KYC
- Paid to your wallet
- Fees included in quote
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Data by CoinGecko
GRT to ETH Exchange Rate
The 1 The Graph to Ethereum reference rate at market prices, before fees.
GRT to ETH swap at a glance
Send GRT from MetaMask, Rabby or a Ledger.
- Send GRTAbout 2–5 minutes to confirm on Ethereum
- GhostSwap swaps itAt the floating rate, fees already in the quote
- Receive ETHSent to your address; Ethereum confirms in about 2–5 minutes
How much ETH do you get for GRT?
GhostSwap quotes at 10 Nov 2026, 21:27 UTC, after the service fee and the cost of sending the ETH to your wallet.
5,000GRT25,000GRT100,000GRTThe rate floats with the market until your GRT deposit confirms.
A token-to-coin swap on one chain
On this pair both sides live on Ethereum. GRT is an ERC-20 token whose contract sits on Ethereum, and ETH is the coin the chain itself runs on. Both use the same 0x address, so one MetaMask, Rabby or Ledger account can hold the GRT before the swap and the ETH after it.
Sharing one address is also where the classic slip happens. Sending GRT to your own ETH address achieves nothing: it arrives as GRT, because a token transfer never changes what the token is. To end up with ETH, the GRT has to go to the one-time deposit address in the exchange box, and the ETH comes back to the address you enter.
Plenty of people use the address they send from as the payout address too. That is allowed and often the tidiest choice, since the ETH then appears in the same account the GRT left. A fresh address works equally well; it needs no ETH before the payout arrives.
You need a little ETH before you get ETH
An ERC-20 transfer pays its gas in ETH, never in the token being moved. So the wallet holding your GRT must already have some ETH, even though ETH is exactly what this swap pays out. The payout comes after the deposit, too late to fund it.
If the wallet holds GRT and no ETH at all, the send will not go through. Move a small amount of ETH in from another wallet first. How much depends on how busy Ethereum is at that moment; MetaMask and Rabby show the estimate before you approve. The guide to lower gas fees covers choosing a quieter time.
Send the GRT in one transfer and check that the token amount matches the figure in the exchange box. A max button is fine here, since the gas comes out of your ETH rather than your GRT, but compare the numbers before you confirm.
GRT on Arbitrum is not accepted here
The Graph moved its protocol activity and indexing rewards to Arbitrum One in 2024. A lot of GRT therefore now sits on Arbitrum, often at the same 0x address its holder uses on Ethereum. This pair accepts only the original ERC-20 GRT on Ethereum mainnet.
Before you send, set the wallet network to Ethereum and confirm the GRT balance shows there. A GRT balance that appears only when the wallet is on Arbitrum belongs to a different token contract, and sending it to the deposit address puts it on the wrong network. Search your address on Etherscan if you are not sure which version you hold.
Delegated GRT is not in the wallet at all. Undelegating starts a thawing period on Arbitrum, and after that the tokens still have to be bridged back to Ethereum before this pair can take them. Allow for that wait before you plan the swap.
The ETH payout is mainnet only
The ETH from this pair is paid on Ethereum mainnet. ETH on Arbitrum, Base and OP Mainnet are listed as separate coins in the exchange box. If you want the funds on a layer-2, choose that coin as the receive side instead; this pair will not route there.
Native ETH needs nothing else to move. It pays its own gas, so straight after the payout the wallet can send it, stake it or use it to pay for other token transfers. That is the practical gain over holding GRT, where every move depends on a separate ETH balance sitting beside it.
Ethereum confirms the payout in about 2 to 5 minutes, and the hash on your status page opens on Etherscan. If the ETH is going to an exchange account, use its Ethereum mainnet deposit address and not one labelled for a layer-2 network.
GRT and ETH compared
| GRT (you send) | ETH (you receive) | |
|---|---|---|
| What it is | ERC-20 token on Ethereum | Native coin of Ethereum |
| Network | Ethereum mainnet | Ethereum mainnet |
| Address | 0x plus 40 hex characters | 0x plus 40 hex characters |
| Gas paid in | ETH | ETH |
| Confirmation | About 2 to 5 minutes | About 2 to 5 minutes |
| Explorer | Etherscan | Etherscan |
Almost every row matches, which is rare for a swap page. Only the first row differs, and it decides what you can do with the balance afterwards. GRT is a token that relies on the chain; ETH is the fuel of the chain itself. If you would rather swap one token for another and stay on Ethereum, GRT to USDT ERC20 and GRT to USDC do that, and both still need ETH for gas.
Quote, refund and no KYC
The exchange box quotes the ETH you receive after fees for the GRT you enter, priced from aggregated liquidity from leading crypto markets. The rate floats until the GRT deposit confirms on Ethereum, and most swaps finish within minutes after that. The minimum and maximum for the pair show in the same box.
Use your sending address as the refund address. If a swap cannot be completed, the coins are refunded to the sender address you entered. When Etherscan shows the GRT transfer confirmed and the status page has stopped moving for a long while, write to support@ghostswap.io with the swap ID.
The swap never asks for a login, an email address or ID. GhostSwap is a no-KYC crypto exchange, so the two addresses and the GRT deposit are the whole process. The opposite route is ETH to GRT.
Common mistakes
- Sending GRT straight to your own ETH address and expecting it to turn into ETH.
- Sending GRT from Arbitrum One instead of Ethereum mainnet.
- Holding GRT with no ETH in the wallet, so the token transfer cannot pay gas.
- Expecting the payout on Arbitrum or Base; this pair pays ETH on mainnet.
- Starting the swap while the GRT is still delegated or thawing.
Other ways to get Ethereum (ETH)
GRT to ETH Live Price Chart
GRT/ETH
Reference market prices, updated live
Convert The Graph to Ethereum
| GRT | ETH at market price |
|---|---|
| 1,700GRT | 0.014641ETH |
| 2,500GRT | 0.021530ETH |
| 5,000GRT | 0.043060ETH |
| 10,000GRT | 0.086121ETH |
| 25,000GRT | 0.215302ETH |
| 50,000GRT | 0.430603ETH |
| 250,000GRT | 2.1530ETH |
| 500,000GRT | 4.3060ETH |
At market prices of $0.017735 per GRT and $2,059.30 per ETH (10 Nov 2026), 25,000 GRT is worth about 0.215302 ETH.
Convert Ethereum to The Graph
| ETH | GRT at market price |
|---|---|
| 0.01ETH | 1,161.16GRT |
| 0.02ETH | 2,322.32GRT |
| 0.05ETH | 5,805.81GRT |
| 0.1ETH | 11,611.61GRT |
| 0.2ETH | 23,223.23GRT |
| 0.5ETH | 58,058.07GRT |
| 2.5ETH | 290,290.35GRT |
| 5ETH | 580,580.70GRT |
Going the other way, 0.2 ETH is worth about 23,223.23 GRT at the same prices.
How to Exchange The Graph to Ethereum
Select GRT and ETH
Pick GRT in “You send” and ETH in “You get”, then enter the amount.
Enter Ethereum Address
Paste the Ethereum address that should receive the ETH. Then enter the Ethereum address you send GRT from; a refund, if ever needed, goes there.
Send The Graph
Send exactly the amount shown from your own Ethereum wallet to the one-time deposit address. Keep a little ETH in that wallet for the network fee.
Receive Ethereum
Your ETH arrives on Ethereum. Follow each step on the status page with your swap ID.