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    Home / Price Indexes / Chainlink Price Index

    Chainlink Price Index

    USD
    EUR
    GBP
    JPY
    RUR
    KRW
    TRY
    BRL
    CNY
    $7.14
    DAY +2.70%
    WEEK +16.09%
    MONTH +18.78%
    Open 24H $6.95
    High 24H $7.23
    Low 24H $6.92
    Last Price $7.14
    Total LINK 1.00 B
    Mkt. Cap $7.14 B
    Vol 24H LINK 2.65 M
    Vol.24H $18.73 M
    €7.14
    DAY +2.70%
    WEEK +16.09%
    MONTH +18.78%
    Open 24H €6.95
    High 24H €7.23
    Low 24H €6.92
    Last Price €7.14
    Total LINK 1.00 B
    Mkt. Cap €7.14 B
    Vol 24H LINK 2.65 M
    Vol.24H €18.73 M
    £7.14
    DAY +2.70%
    WEEK +16.09%
    MONTH +18.78%
    Open 24H £6.95
    High 24H £7.23
    Low 24H £6.92
    Last Price £7.14
    Total LINK 1.00 B
    Mkt. Cap £7.14 B
    Vol 24H LINK 2.65 M
    Vol.24H £18.73 M
    ¥7.14
    DAY +2.70%
    WEEK +16.09%
    MONTH +18.78%
    Open 24H ¥6.95
    High 24H ¥7.23
    Low 24H ¥6.92
    Last Price ¥7.14
    Total LINK 1.00 B
    Mkt. Cap ¥7.14 B
    Vol 24H LINK 2.65 M
    Vol.24H ¥18.73 M
    ₽7.14
    DAY +2.70%
    WEEK +16.09%
    MONTH +18.78%
    Open 24H ₽6.95
    High 24H ₽7.23
    Low 24H ₽6.92
    Last Price ₽7.14
    Total LINK 1.00 B
    Mkt. Cap ₽7.14 B
    Vol 24H LINK 2.65 M
    Vol.24H ₽18.73 M
    ₩7.14
    DAY +2.70%
    WEEK +16.09%
    MONTH +18.78%
    Open 24H ₩6.95
    High 24H ₩7.23
    Low 24H ₩6.92
    Last Price ₩7.14
    Total LINK 1.00 B
    Mkt. Cap ₩7.14 B
    Vol 24H LINK 2.65 M
    Vol.24H ₩18.73 M
    ₺7.14
    DAY +2.70%
    WEEK +16.09%
    MONTH +18.78%
    Open 24H ₺6.95
    High 24H ₺7.23
    Low 24H ₺6.92
    Last Price ₺7.14
    Total LINK 1.00 B
    Mkt. Cap ₺7.14 B
    Vol 24H LINK 2.65 M
    Vol.24H ₺18.73 M
    R$7.14
    DAY +2.70%
    WEEK +16.09%
    MONTH +18.78%
    Open 24H R$6.95
    High 24H R$7.23
    Low 24H R$6.92
    Last Price R$7.14
    Total LINK 1.00 B
    Mkt. Cap R$7.14 B
    Vol 24H LINK 2.65 M
    Vol.24H R$18.73 M
    ¥7.14
    DAY +2.70%
    WEEK +16.09%
    MONTH +18.78%
    Open 24H ¥6.95
    High 24H ¥7.23
    Low 24H ¥6.92
    Last Price ¥7.14
    Total LINK 1.00 B
    Mkt. Cap ¥7.14 B
    Vol 24H LINK 2.65 M
    Vol.24H ¥18.73 M

    LINK Price Calculator

    LINK
    USD
    EUR
    GBP
    JPY
    RUR
    KRW
    TRY
    BRL
    CNY
    Date Range
    1D1W1M3M1YALL

    Overview

    Chainlink is essentially a decentralized ecosystem that provides data from the real world to the siloed world of blockchains. Chainlink’s token is called LINK and is used to compensate oracles for their work in finding accurate data at the request of smart contracts in Chainlink’s ecosystem.

    The Chainlink ecosystem

    Chainlink does not have its own native blockchain. As an ERC-677 token, Chainlink’s cryptocurrency, LINK, runs on the Ethereum blockchain. Chainlink is an economy of oracles (sometimes called nodes) that compile outside data and turn that information into something a blockchain can then act on, given the fact that blockchains do not speak the same language as the outside world. 

    An oracle is essentially a computer program based outside of a blockchain that gathers data from sources, such as price information from crypto exchanges, and converts that data into something that blockchain-based smart contracts can read. It then sends that information to specific blockchain-based smart contracts. Those smart contracts can then complete their programmed actions based on the results of the data sent by oracles.

    Chainlink takes this oracle concept and adds decentralization, credibility and capitalism. Chainlink’s system is compatible with multiple blockchains.

    Chainlink’s solution

    Smart contracts are blockchain-based addresses programmed to autonomously complete certain actions when triggered by an outside factor. Smart contracts, however, are siloed to the blockchains on which they are coded, in terms of receiving usable data from external sources. 

    Chainlink utilizes a system of multiple smart contracts that essentially request and validate data from Chainlink’s ecosystem of external oracles. These oracles each look to multiple external data sources to pull the information requested by the smart contracts. 

    Chainlink’s smart contract system then evaluates that data from multiple oracles, checking for accuracy. If the information is accurate, the oracles are paid LINK as a reward. Some smart contracts may also necessitate that the oracles they utilize hold a certain minimum number of LINK tokens to cover any penalties incurred.

    LINK trading

    For Chainlink, price also comes into play, as LINK is a token used for trading on cryptocurrency exchanges. With Chainlink, price today — the LINK price today — can be seen in the live price at the top of this page, which shows Chainlink to USD value (LINK to USD live). Historical LINK price action is also available on the Chainlink price chart.

    Chainlink News

    • News
      Chainlink hits Ethereum layer-2 Arbitrum for cross-chain DApp development
      Sep 21, 2023

      by Gareth Jenkinson

      Chainlink’s CCIP protocol has launched on Ethereum layer 2 Arbitrum One to help developers build cross-chain decentralized applications.

       3022
    • News
      Major Aussie bank takes next step to AUD stablecoin after Chainlink test transaction
      Sep 15, 2023

      by Brayden Lindrea

      ANZ’s banking executive Nigel Dobson says the bank sees “real value” in tokenizing real-world assets on-chain like the Aussie dollar.

       6308
    • Event
      Is 2023 the year genuine cross-chain interoperability takes off?
      Sep 11, 2023

      by Jesse Coghlan

      Blockchains need to become interoperable in order for the industry to truly flourish and several innovations will accelerate the ecosystem towards it, say executives.

       4625
    • News
      SWIFT says blockchain integration ‘more plausible’ than unifying CBDCs
      Aug 31, 2023

      by Ezra Reguerra

      SWIFT claims that interlinking existing systems with blockchains is better for the short term than bringing CBDCs together with tokenized assets in a single ledger.

       5956
    • Price Analysis
      Bitcoin’s dull price action ignites buying interest in LINK, FIL, SNX and THETA
      Jul 23, 2023

      by Rakesh Upadhyay

      LINK, FIL, SNX and THETA are starting to look bullish right as Bitcoin prepares for a volatile price move.

       6252
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