> For the complete documentation index, see [llms.txt](https://glossary.ecsa.io/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://glossary.ecsa.io/value-graph.md).

# Value graph

Value graph is the visual representation of the [Distributed ledger](/distributed-ledger.md), and depicts the network of relationships through distinct value forms within the agents of the network. The size of the nodes represent the network valuation of a token type at any given moment of time. This valuation is contained in the accepted offers utilized in the distributed exchange protocol.