×
×
Cryptocurrencies:  5,703Markets:  22,762Market Cap:  $270,559,536,02224h Vol:  $55,655,078,200BTC Dominance:  63.2%
Market Cap:  $270,559,536,02224h Vol:  $55,655,078,200BTC Dominance:  63.2%Cryptocurrencies:  5,703Markets:  22,762

Chainlink (LINK)

$5.82 USD (7.61%)
0.00062655 BTC (7.97%)
0.02423575 ETH (7.76%)
Buy
Exchange
Gamble
Play Now
  • Market Cap
    $2,035,633,418 USD
    219,294 BTC
    8,482,513 ETH
  • Volume (24h)
    $754,887,717 USD
    81,322 BTC
    3,145,628 ETH
  • Circulating Supply
    350,000,000 LINK
  • Total Supply
    1,000,000,000 LINK

About Chainlink

Chainlink (LINK) is a decentralized oracle network which aims to connect smart contracts with data from the real world. Chainlink was developed by Sergey Nazarov, with Steve Ellis as the other co-founder. It held an ICO in September 2017, raising $32 million, with a total supply of 1 billion LINK tokens. LINK, the cryptocurrency native to the Chainlink decentralized oracle network, is used to pay node operators. Since the Chainlink network has a reputation system, node providers that have a large amount of LINK can be rewarded with larger contracts, while a failure to deliver accurate information results in a deduction of tokens. Developers describe LINK as “an ERC20 token, with the additional ERC223 'transfer and call' functionality of transfer (address, uint256, bytes), allowing tokens to be received and processed by contracts within a single transaction.” Following the 2017 $32 million LINK ICO, 32 percent of LINK tokens were sent to node operators to incentivize the ecosystem and 30 percent stayed within Chainlink for development (35 percent were sold in the public token sale).

What Are Oracles?

Chainlink is a platform that aims to bridge the gap between blockchain technology-based smart contracts (made widespread by Ethereum), and real world applications. Since blockchains cannot access data outside their network, oracles (a defi instrument) are needed to function as data feeds in smart contracts. In Chainlink's case, the oracles are connected to the Ethereum network. Oracles provide external data (e.g. temperature, weather) that trigger smart contract executions upon the fulfillment of predefined conditions. Participants on the Chainlink network are incentivized (through rewards) to provide smart contracts with access to external data feeds like API information. Should users desire access to off-chain data, they can submit a requesting contract to Chainlink’s network. These contracts will match the requesting contract with the appropriate oracles. The contracts include a reputation contract, an order-matching contract and an aggregating contract. The aggregating contract gathers data of the selected oracles to find the most accurate result.

You can buy Chainlink (LINK) on any exchange that supports the digital currency. For the latest list of exchanges and trading pairs for this cryptocurrency, click on our market pairs tab.

Chainlink Statistics

Chainlink Price$5.82 USD
Chainlink ROI
3,620.42%
Market Rank#12
Market Cap$2,035,633,418 USD
24 Hour Volume$754,887,717 USD
Circulating Supply350,000,000 LINK
Total Supply1,000,000,000 LINK
Max SupplyNo Data
All Time High
$5.86 USD
(Jul 07, 2020)
All Time Low
$0.126297 USD
(Sep 23, 2017)
52 Week High / Low
$5.86 USD /
$1.51 USD
90 Day High / Low
$5.86 USD /
$2.97 USD
30 Day High / Low
$5.86 USD /
$3.68 USD
7 Day High / Low
$5.86 USD /
$4.53 USD
24 Hour High / Low
$5.86 USD /
$5.34 USD
Yesterday's High / Low
$5.86 USD /
$5.32 USD
Yesterday's Open / Close
$5.36 USD /
$5.71 USD
Yesterday's Change$0.356820 USD (6.66%)
Yesterday's Volume$743,372,951 USD
Sign up for our newsletter
Get crypto analysis, news and updates, right to your inbox! Sign up here so you don't miss a single one.