Chainlink(LINK) Price

USD

Price of Chainlink(LINK) Today

The live price of Chainlink (LINK) is $17.04.The current market capitalization stands at $11.55B, with a 24-hour trading volume of $876.35M.Chainlink has experienced +3.02% in the last 24 hours and has a circulating supply of approximately 678.10M.These figures are updated in real-time to provide the most accurate market data.

How do you feel about LINK today?

Chainlink(LINK) Profile

Price Range (24h)

24h Low: $16.36 24h High: $17.27

ATH

$52.70

Price Change (1h)

-0.34%

Price Change (24h)

+3.02%

Price Change (7d)

+19.11%

Market Cap

$11.55B

24h Vol

$876.35M

Circulating Supply

678.10M

Total Supply

1.00B

About

What Is Chainlink?

Chainlink (LINK) is a decentralized oracle network that connects blockchain-based smart contracts with real-world data and off-chain systems. It serves as a critical bridge between blockchains and the outside world, enabling smart contracts to interact with external APIs, data feeds, and payment systems in a secure and trust-minimized way.

Launched in 2017 and built on Ethereum, Chainlink has grown into one of the most widely integrated and adopted oracle solutions across the entire crypto industry. It is used by hundreds of decentralized applications, DeFi platforms, insurance products, gaming ecosystems, and even enterprises needing reliable data feeds on-chain. Its native token LINK can be bought on specialized exchanges and LINK can also be traded for using other cryptocurrencies.

Who Created Chainlink?

Chainlink was created by Sergey Nazarov and Steve Ellis, co-founders of the startup SmartContract, which aimed to solve the "oracle problem" - a key limitation preventing smart contracts from accessing off-chain data. The Chainlink whitepaper, published in 2017, laid the foundation for the project. Since then, Chainlink has become a key infrastructure provider across many blockchain ecosystems, with support from the broader open-source community and enterprise partnerships.

How Chainlink Works

At its core, Chainlink uses a decentralized network of oracles which are independent data providers that feed information from external sources into smart contracts. This architecture ensures that data is aggregated, verified, and resistant to manipulation, rather than relying on a single source.

Chainlink oracles can deliver price feeds, weather data, sports results, randomness (via Chainlink VRF), proof-of-reserve data, and more, depending on the use case. Additionally, Chainlink supports hybrid smart contracts, which combine on-chain logic with off-chain computation, enabling more powerful and real-world-connected applications.

Chainlink is blockchain-agnostic, meaning it operates across many blockchains beyond Ethereum, including BNB Chain, Avalanche, Polygon, Solana, Arbitrum, and others.

What LINK is Used For

The LINK token is the native utility asset of the Chainlink network. It is used to pay oracle node operators for providing data and services and acts as a financial incentive to ensure reliable performance. LINK is also used as collateral by nodes to help maintain honest behavior, and it plays a role in governance, with upcoming upgrades moving toward greater community input on protocol decisions.

As the Chainlink ecosystem evolves, LINK is expected to be increasingly integrated into staking mechanisms and economics of service-level agreements (SLAs) between smart contracts and oracle providers.

LINK Tokenomics

LINK has a total supply of 1 billion tokens, with a significant portion reserved for node incentives and ecosystem development. LINK is not inflationary so there is no ongoing minting. While the token doesn’t have a hard cap on use cases, demand is driven by network usage: as more smart contracts require data, more LINK is needed to pay node operators. Staking is being progressively introduced to further secure the network and reward loyal participants.

Chainlink(LINK) Price Movements ($)

Period	Amount Change	Change (%)
Today	+$0.498808	+3.02%
7 Days	+$2.73	+19.11%
30 Days	+$3.79	+28.65%

Chainlink(LINK) Conversion Rate

1 LINK to USD

$17.04

FAQ

What is Chainlink used for?

Chainlink powers a wide range of applications across decentralized finance and beyond. Its price oracles are foundational to DeFi protocols like Aave, Synthetix, and Compound. Chainlink VRF (Verifiable Random Function) brings provably fair randomness to blockchain-based games and NFT minting. Proof-of-Reserve oracles verify off-chain collateral for stablecoins and wrapped assets, improving transparency and trust. Enterprises can also use Chainlink’s Cross-Chain Interoperability Protocol (CCIP) to securely move data and assets between blockchains.

How does Chainlink ensure the data it provides is reliable?

Chainlink uses a decentralized network of independent oracle nodes to source and verify data. Instead of relying on a single source, Chainlink aggregates information from multiple trusted sources to reduce the risk of manipulation or failure. Its reputation system and economic incentives further ensure high-quality service from data providers.

Can Chainlink work with different blockchains?

Yes. Chainlink is blockchain-agnostic, meaning it can operate across multiple blockchains, not just Ethereum. It is already integrated with chains like BNB Chain, Polygon, Avalanche, Arbitrum, and Solana, and its Cross-Chain Interoperability Protocol (CCIP) is designed to facilitate secure messaging and asset transfer between networks.

Is Chainlink involved in DeFi?

Chainlink powers most of the top DeFi applications including Aave, Compound, and more by supplying trusted price oracles and other real-world data. Its role is critical for enabling smart contracts to perform automated financial transactions based on external events or asset prices.

Where can I buy and store LINK?

You can buy LINK directly on Phemex, and we’ll securely hold it on your behalf as a custodial exchange. You can also use other cryptocurrency like USDT to trade LINK on the Phemex spot market. After acquiring LINK, it will be held in your Phemex spot wallet which boasts meticulous security mechanisms.

Disclaimer

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