Chainlink Logo

Chainlink LINK

Chainlink header image

1. Summary

Ranks

Liquidity
47
Developer
98
Social
100
Momentum (beta)
86
Stack Rank™
83
Price
52W High price $21.64
52W High date 11th Mar 2024 (8 months ago)
All Time High (ATH) Date 10th May 2021 (3 years ago)
ATH Price $52.70
% From ATH -73.07%
All Time Low (ATL) Date 29th Nov 2017 (6 years ago)
ATL Price $0.15
% From ATL 9476.57%
Supply & Trading Volume
Trading Volume (24h) $989.63M
Total Supply 1.00B
Max Supply 1.00B
Circulating Supply 626.85M
Description

Chainlink was founded in 2017 and can be defined as a blockchain abstraction layer that enables universally connected smart contracts. Through a decentralized oracle network, Chainlink enables blockchains to securely interact with external data feeds alongside events and even payment methods. This provides off-chain information that is a requiremen...

Chainlink was founded in 2017 and can be defined as a blockchain abstraction layer that enables universally connected smart contracts. Through a decentralized oracle network, Chainlink enables blockchains to securely interact with external data feeds alongside events and even payment methods. This provides off-chain information that is a requirement by complex smart contracts in order for it to become a form of digital agreement.

This network is driven by a large, open-source community filled with data providers, node operators, smart contract developers, security auditors, and even researchers.

The LINK Token Explained

Chainlink is a decentralized oracle network that consists of purchasers as well as providers of data. Purchasers request data while providers return the data in a secure way.

Furthermore, purchasers can select the data that they want and providers bid to provide that data to them. Providers have to commit a stake of LINK tokens while making a bid, which will be taken away if they, for whatever reason, do not follow the rules. Once the providers are selected, they have a responsibility to bring the correct answers on-chain. The LINK token is an ERC677 token standard, and it is used for payment of data providers that bring as well as translate the data into the blockchain, which are paid by the purchaser.

Features of Chainlink

Chainlink specializes in the fact that it allows for the integration of off-chain data into smart contracts. Due to integration such as this one, Chainlink has managed to attract many data providers. It allows users to become node operators and earn revenue through running the data infrastructure which is required for the success of the blockchain. It uses a large collection of node operators, all of which power a wide range of decentralized Price Feed oracle networks.

Founders of Chainlink (LINK)

One of the co-founders of Chainlink is Sergey Nazarov, who fills the role of the CEO at Chainlink Labs. He started his career as a teacher at the NYU Stern School of Business, and in 2009 co-founded ExistLocal which was a peer-to-peer marketplace for local experiences. As we move along, in 2014 he also co-founded another project known as CryptaMail, which was a decentralized, blockchain-based email service.

He teamed up with Steve Ellis, and launched SmartContrat, which was a platform that brought smart contracts together by connecting them to external data so they can accept bank payments.

Discussing Steve Ellis, he originally worked as a software engineer at Pivotal Labs, and in 2014 co-founded Secure Asset Exchange, a company that facilitated easy web access to a decentralized exchange.

2. Price

LINK

2.1. Market Performance

How does Chainlink's (LINK) performance compare to the median performance for assets of a similar market capitalization?

30 Day Return

20.3%

LINK

37.1%

Similar Market Cap

60 Day Return

24.6%

LINK

54.3%

Similar Market Cap

1 Year Return

-1.4%

LINK

150.1%

Similar Market Cap

3. Developer Activity

We're monitoring 307 Chainlink GitHub repos for commits, code additions and deletions. This data is factored into the Developer Rank. Because of delays in GitHub's stat processing, recent activity maybe underrepresented.

Weekly Commits (All Chainlink Repos)

Commits vs. The Market

  • Past 4 weeks: 694 commits vs. an average of 1
  • Past 12 weeks: 2,028 commits vs. an average of 8
  • Past year: 8,313 commits vs. an average of 114

Most Active Repos

Past week 174
Past 12 weeks 641
Past year 2629
Past week 47
Past 12 weeks 150
Past year 878
Past week 1
Past 12 weeks 36
Past year 769
Past week 0
Past 12 weeks 0
Past year 656
Past week 65
Past 12 weeks 237
Past year 615
Past week 0
Past 12 weeks 0
Past year 398

Top Developers 2024

In total, 1590 developers have contributed to Chainlink over the past year. Who are the most active Chainlink developers, by commits, over the past year?

Related Projects

Developers working on Chainlink also worked on these projects.

4. Social Activity

Tip: Toggle each network by clicking the name above

Historic data is only available from 22nd April 2022

Total Followers

Reddit Subscribers 80,430
Active Reddit Users (past 24h) 51
Discord users
Active Discord Users
Telegram Users 23,014
Twitter followers 1M
5. News
7. More Information

Always do your own research (DYOR) before making any investment. Here's some links you might find helpful:

Website https://chain.link/
Explorer https://etherscan.io/token/0x514910771af9ca656af84...
Twitter @chainlink
reddit /r/Chainlink
Whitepaper https://link.smartcontract.com/whitepaper

What is the correct contract address for Chainlink?

Sora 0x008484148dcf23d1b48908393e7a00d5fdc3bf81029a73eeca62a15ebfb1205a
Xdai 0xe2e73a1c69ecf83f464efce6a5be353a37ca09b2
Energi 0x68ca48ca2626c415a89756471d4ade2cc9034008
Fantom 0xb3654dc3d10ea7645f8319668e8f54d2574fbdc8
Osmosis ibc/D3327A763C23F01EC43D1F0DB3CEFEC390C362569B6FD191F40A5192F8960049
Ethereum 0x514910771af9ca656af840dff83e8264ecf986ca
Avalanche 0x5947bb275c521040051d82396192181b413227a3
Huobi-token 0x9e004545c59d359f6b7bfb06a26390b087717b42
Polygon-pos 0x53e0bca35ec356bd5dddfebbd1fc0fd03fabad39
Arbitrum-one 0xf97f4df75117a78c1a5a0dbb814af92458539fb4
Near-protocol 514910771af9ca656af840dff83e8264ecf986ca.factory.bridge.near
Harmony-shard-0 0x218532a12a389a4a92fc0c5fb22901d1c19198aa
Milkomeda-cardano 0xf390830df829cf22c53c8840554b98eafc5dcbc2
Binance-smart-chain 0xf8a0bf9cf54bb92f17374d9e9a321e6a111a51bd
Optimistic-ethereum 0x350a791bfc2c21f9ed5d10980dad2e2638ffa7f6

Has Chainlink been audited for security?

No security audits found for this project.

Are you the owner of Chainlink? Edit it here

Subscribe for free

Investment alerts and insights directly in your inbox.

By continuing, you agree to the Stack Terms of Service and Privacy Policy.