Profile of Chainlink


Chainlink

Chainlink is a decentralized oracle network that connects smart contracts with real-world data, such as price feeds and weather information. It plays a critical role in the functionality of DeFi protocols and hybrid smart contracts. LINK is the native token used to pay for oracle services and incentivize node operators. Chainlink is a foundational piece of infrastructure across multiple blockchains.


Detailed feature breakdown for Chainlink
Chainlink
Market Cap Rank 21
Sector / Use Case Oracle Network
Consensus Mechanism Hybrid
Year Launched 2017
Current Price Range $5-$25
All-Time High $52 (May 2021)
Staking Rewards (%) N/A
Developer Activity Level Very High
Institutional Adoption High
Notable Features Connects smart contracts with off-chain data

Compare 22 Top U.S. Brokerages at a Glance — All in One PDF

Compare 10 Top Bitcoin IRA Providers — Fees, Security, Platforms & More.
GET IT NOW



Disclaimer: DigitalAssetHQ does not provide investment advice. All content is for informational purposes only. Investing in cryptocurrencies and digital assets involves risk. Always consult with a qualified financial advisor before making investment decisions.