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Chainlink LINK |
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€22.81 |
-4.12% (24h) |
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Marketcap |
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€14,552,805,312 |
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Volume 24h |
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€716,744,883 |
Description
Chainlink (LINK) is a decentralized oracle network that enables smart contracts on blockchains to securely interact with real-world data and external APIs. Launched in 2017, Chainlink addresses the problem of securely connecting smart contracts with off-chain information, which is crucial for the execution of complex contracts. LINK, the native token of the network, is used to pay node operators for retrieving data and ensuring the security of the network. Chainlink is widely integrated across the blockchain ecosystem.