LINK Specifications

Type

TOKEN

Algorithm

Protocol

Start Date

19/09/2017

Max Supply

1,000,000,000

Circ. Supply

638,099,970

Website

Explorer

Social Media

Info

Chainlink (LINK) is a decentralized oracle network that connects smart contracts with real-world data, enabling blockchain applications to interact with external systems. LINK is the native cryptocurrency of the Chainlink network, used for securing oracle services, facilitating token swaps and powering decentralized finance (DeFi) projects. Its robust technology has made it a key player in the blockchain ecosystem.

Market Impact

LINK has transformed the way smart contracts interact with external data, driving the growth of blockchain-based applications. Its use in token swaps on decentralized platforms has enhanced liquidity and interoperability across ecosystems. LINK's integration into major exchanges and DeFi protocols has strengthened its role as a foundational asset, enabling secure and scalable applications in finance, gaming and beyond.

History

LINK was introduced in 2017 by Sergey Nazarov and Steve Ellis to solve the problem of blockchain isolation by providing reliable external data to smart contracts. The Chainlink network leverages decentralized oracles to ensure secure and tamper-proof data delivery. Over time, LINK has become integral to decentralized exchanges and liquidity pools, enabling efficient token swaps and broader adoption in DeFi platforms.

Features

Decentralized Oracles
Chainlink provides secure oracles that deliver tamper-proof data, enabling smart contracts to interact with real-world systems.
Token Swap Efficiency
LINK facilitates seamless token swaps within DeFi platforms, enhancing liquidity and supporting decentralized trading activities.
Cross-Platform Integration
Chainlink is compatible with multiple blockchains, allowing users to exchange assets and connect with diverse applications across ecosystems.

Website

Explorer

Social Media

*The indicators above, do not represent an investment advice and should not be treated as such. Please make your own research and risk assessment before exchanging your assets.