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Chainlink price

(LINK)

Share
$24.13
+11.31%

Market stats

$10.9B

$1.6B

453.5M LINK

68 days

77% buy
23% sell

#10

About Chainlink

Chainlink (LINK) is an Ethereum token that powers the Chainlink decentralized oracle network. This network allows smart contracts on Ethereum to securely connect to external data sources, APIs, and payment systems.

How it works

Chainlink was designed to incentivize a global network of computers (or “nodes”) to provide accurate data to Chainlink’s oracles. There are many oracles operating today, including ones that provide price data across a wide range of assets, weather data, and location data. 

LINK is the token used to pay for services on the network and to incentivize nodes to perform verifiably honest work and provide accurate data.

Keep in mind

In order to become a node and start providing data to Chainlink oracles, holders must stake LINK tokens into a smart contract to act as an incentive against misbehaving or submitting false data to the network.

Released: November 2017

Chainlink is on the decline this week.

The price of Chainlink has fallen by 21.73% in the past 7 days. The price increased by 11.31% in the last 24 hours. In just the past hour, the price grew by 0.14%. The current price is $24.12514 per LINK. Chainlink is 54.33% below the all time high of $52.83.The current circulating supply is 453,509,553.917 LINK.

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