Chainlink (LINK)

Chainlink is the industry-standard decentralized oracle network that solves the "oracle problem" by connecting smart contracts with real-world data. Blockchains cannot access external information on their own, so Chainlink acts as a secure bridge, enabling smart contracts to react to real-world events using verified, tamper-proof data. It is widely considered one of the first decentralized oracle networks and is the market leader in bringing off-chain data on-chain. The platform operates through a decentralized network of nodes that fetch, validate, and deliver data to smart contracts. When a contract requests information like a stock price, a committee of independent nodes retrieves and aggregates the data to reach consensus, then delivers a single trustworthy answer. Chainlink offers a suite of services including Data Feeds for asset prices, CCIP for cross-chain token transfers and messaging, Automation for triggering smart contract functions, and Proof of Reserve for verifying asset collateralization.

Description from CoinGecko.

Coin details

Name

Chainlink

Symbol

LINK

Market cap rank

#17

Category

Infrastructure, Decentralized Finance (DeFi), Oracle

Runs on

Ethereum

Launched (genesis)

16 Sep 2017

Circulating supply

766,849,970 LINK

Max supply

1,000,000,000 LINK

Price in INR

₹931.01

Tax in India

30% on gains + 1% TDS on sale

Contract (Ethereum)

0x514910…f986ca

Contract (Monad)

0x76f257…1310a9

Contract (Bittensor)

0xf09afe…ec5e13

Contract (Xdc Network)

0xe27dd9…718b95

Website

chain.link

Whitepaper

research.chain.link/whitepaper-v2.pdf

Explorer

etherscan.io/token/0x514910771af9ca656af840dff83e8264ecf986ca

X (Twitter)

x.com/chainlink

Reddit

reddit.com/r/Chainlink

GitHub

github.com/smartcontractkit/chainlink