Chainlink (LINK) is a decentralized oracle network, live on Ethereum mainnet since 2019, that delivers off-chain data such as prices to smart contracts; many DeFi lending and derivatives protocols rely on its price feeds. It also runs CCIP, a cross-chain interoperability protocol.
What Chainlink is and how it works
Chainlink (LINK) is a decentralized oracle network, live on Ethereum mainnet since 2019, that delivers off-chain data such as prices to smart contracts; many DeFi lending and derivatives protocols rely on its price feeds. It also runs CCIP, a cross-chain interoperability protocol.
Many independent node operators fetch and aggregate data; nodes are paid in LINK and can stake LINK as a service guarantee.
LINK supply and token economics
Total LINK supply is fixed at 1 billion with no new issuance; circulating supply grows as team reserves and node incentives are released.
What usually moves the price
DeFi activity using its feeds, CCIP adoption, tokenization work with financial institutions and the size of staking capacity.
These are commonly discussed factors, not a forecast; no single factor guarantees direction.
Where to buy LINK
LINK spot pairs are usually listed on large exchanges such as Binance, OKX, Bybit, Bitget and Gate, but pairs and availability depend on your region and account—check the official listing. Compare fees at the same volume, then check spread and slippage.
Key LINK risks
Transfers of reserve tokens to exchanges can add selling pressure, and oracle failures or manipulation affect the protocols that depend on it.
Only use money you can afford to lose entirely, and size positions and liquidation prices before using leverage.
How to read the indicators on this page
RSI14 above 70 is often read as overbought and below 30 as oversold; price above MA20 and MA50 is a bullish alignment; MACD shows momentum direction. All are probabilistic readings on 90 days of daily closes and can stay extreme during trends.
Frequently asked questions
What is Chainlink?
Chainlink (LINK) is a decentralized oracle network, live on Ethereum mainnet since 2019, that delivers off-chain data such as prices to smart contracts; many DeFi lending and derivatives protocols rely on its price feeds. It also runs CCIP, a cross-chain interoperability protocol.
What is the LINK supply?
Total LINK supply is fixed at 1 billion with no new issuance; circulating supply grows as team reserves and node incentives are released.
Where can I buy LINK?
Large exchanges usually offer LINK spot trading, subject to your region and account; compare fees and verify the official domain before signing up.
Research and education only; not investment advice.
