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Chainlink price

(LINK / USD)

$16.14
+5.34%

Market stats

$7.6B

$996.2M

-27.9%

467.0M LINK

47% of total supply

73 days

73% buy
27% sell

#18

$52.88

-1.22%

+5.34%

-25.94%

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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 25.94% in the past 7 days. The price increased by 5.34% in the last 24 hours. In just the past hour, the price shrunk by 1.22%. The current price is $16.14 per LINK. Chainlink is 69.48% below the all time high of $52.88.The current circulating supply is 467,009,549.521 LINK.

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