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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LINK token Market Data
LINK market info
Chainlink Price is $26.3616. Its current circulating supply is link 1,000,000,000 with a market cap of $17,875,789,897.47.
PRICE
$ 26.3616
MARKET CAP
$ 17,875,789,897.47
24h % PRICE
2.11 %
24H VOLUME
$ 3,305,355,901.75
7d % PRICE
24.43 %
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.
LINK exchange FAQ
You can use our LINK calculator to check the exact amount of coins you will get after the exchange is complete.
We offer two rate flows to purchase LINK with, classic rate and fixed rate. Classic exchange rates may vary depending upon network fees, market rates, and other conditions, while fixed rate protects you from market fluctuations.
LINK's principal application is to pay for data services within the Chainlink system. It also incentivizes node operators to provide truthful information and can be staked to secure the oracle system. Since Chainlink powers many DeFi and smart contract applications, LINK plays a vital role in ensuring that data is flowing from the real world into blockchain ecosystems.