What is Chainlink?
Chainlink is a decentralized oracle network designed to bridge the gap between blockchain smart contracts and real-world data. By leveraging Chainlink oracles, the platform enables secure and reliable connections to external APIs, payment systems, and off-chain computations, significantly expanding the functionality of smart contracts.
👉 Discover how Chainlink powers DeFi applications
Key Features of Chainlink
- Decentralized Oracles: Eliminates single points of failure.
- Interoperability: Supports multiple blockchains (Ethereum, BSC, Solana, etc.).
- Tamper-Proof Data: Ensures accuracy through cryptographic proofs.
LINK Token Overview
| Metric | Value |
|---------------------|-----------------------|
| Current Price | $13.38 |
| All-Time High | $52.85 |
| Market Cap | $9.0 Billion |
| 24h Volume | $441.7 Million |
| Contract (ETH) | 0x514910771af9ca... |
| Contract (BSC) | 0xf8a0bf9cf54bb... |
Token Utility
- Payments: Used to compensate Chainlink node operators.
- Staking: Secures the network and earns rewards.
- Governance: Influences protocol upgrades.
Market Performance
- Circulating Supply: 678.099M LINK
- Max Supply: 1B LINK
- Price Volatility: 5.55% (24h)
- Liquidity: $118.20M across exchanges
👉 Track real-time LINK price movements
LINK Depth Chart & Liquidity
- Bid Depth: $60.641M
- Ask Depth: $57.560M
Key Markets
- Binance: 35% of total volume.
- Coinbase: Institutional liquidity hub.
- OKX: Low-fee trading pairs.
Chainlink Ecosystem
Categories
- Oracle Services - Data feeds for DeFi.
- Token Bridges - Cross-chain interoperability.
- Security - Audited by CertiK.
- Analytics - Chainlink Market & Node Metrics.
ICO Details
- Hard Cap: $32M
- ICO Price: $0.10884 (2017)
- ROI: 12,000%+ for early investors.
FAQs
1. Is Chainlink a good investment?
LINK’s utility in DeFi and partnerships (Google, SWIFT) make it a long-term contender, but always DYOR.
2. How does Chainlink prevent bad data?
Decentralized oracle networks aggregate multiple sources and use cryptographic proofs to validate accuracy.
3. Where can I stake LINK?
Platforms like Binance, OKX, and Chainlink’s own PoS offer staking options.
4. What’s the max supply of LINK?
1 billion tokens, with 35% currently circulating.
👉 Learn more about DeFi staking