Chainlink (LINK) is the native token of Chainlink decentralized oracle network, which connects smart contracts to real-world data like prices, weather, or events. Since blockchains cannot access external information on their own, Chainlink solves this by providing secure, tamper-proof data feeds to dApps.
Chainlink (LINK) Crypto – Price, Exchange & Converter
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Chainlink supports the following networks – see the list below
LINK NetworksSmart contractExchange
Smart contract
0xf97f4df75117a78c1A5a0DBb814Af92458539FB4
Smart contract
0x53E0bca35eC356BD5ddDFebbD1Fc0fD03FaBad39
LINK token Market Data
LINK market info
Chainlink Price is $22.5343. Its current circulating supply is link 1,000,000,000 with a market cap of $15,280,474,798.9.
PRICE
$ 22.5343
MARKET CAP
$ 15,280,474,798.9
24h % PRICE
-1.74 %
24H VOLUME
$ 1,009,033,125.71
7d % PRICE
6.5 %
COIN SUPPLY
1,000,000,000 LINK
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Why exchange Chainlink (LINK) on ChangeNOW
The average time for exchange is about 2 minutes. You can track the crypto swap progress on the exchange page.
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What is LINK token?
Chainlink is a decentralized oracle network that collects data off-chain and delivers it to smart contracts on-chain. It was launched in September 2017 by Sergey Nazarov and Steve Ellis, current CEO and CTO respectively.
Chainlink does not only get data off-chain but also completes some of its computation there. The combination of a real-world data, off-chain computation, and blockchain technology creates a reliable and secure network. Chainlink relies on three types of smart contracts: aggregation contract, which matches data to a relevant smart contract, order-matching contract, that smart contract’s SLA to the best-fitting oracle, and reputation contract, which checks oracle’s reputation. LINK, the native token of the Chainlink network, is a key part of the network’s processes, especially when it comes to smart contracts. The LINK token is utilized for deposits paid by the oracles and is kept by smart contracts if an oracle fails to complete its job. Also, node operators are paid in LINK and one of the ways oracle’s reputation is checked is the number of LINK tokens it is holding.
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