ChainLink (LINK)

What is ChainLink?

The ChainLink project looks to solve a recurring problem with smart contract platforms - real-world data interoperability. For many existing smart contract platforms, coding that depends on an influx of external data is an obstacle. ChainLink’s blockchain is designed to bridge this gap. The LINK network is a decentralized oracle network, an intermediary between blockchain systems and off-chain data (bank payments, weather reports, sports results, API's, backend systems, market data etc.) and other blockchains. Anyone who can provide the network with a reliable source of data can become a ChainLink node operator and get paid in LINK tokens for their data feeds. Specific consensus mechanism allows ChainLink to achieve this. Consensus between nodes is achieved off-chain by using the Threshold Schnorr signature scheme. This method rewards only the nodes that provide true and original data. The ChainLink team lists noteworthy partnerships such as SWIFT, Gartner and several others.

ChainLink active markets

Market Ticker	Traded Against	Traded On	Average Price	24h Volume
LINK/BTC	Bitcoin	Bitforex, Binance, Coinbene, OKEx, Cat.Ex, Mercatox, Bitrue, Huobi Global, Huobi Korea, Kraken, Livecoin, NovaDAX	0.00044988 BTC	$30,696,669
LINK/USDT	Tether	Binance, Bilaxy, OKEx, Huobi Global, Huobi Korea, Gate.io	4.36 USDT	$17,186,090
LINK/ETH	Ethereum	Bitforex, Cat.Ex, Coinbase PRO (GDAX), Binance, OKEx, Mercatox, Bitrue, Huobi Korea, Huobi Global, Kraken, Gate.io, IDEX	0.01800200 ETH	$5,230,136
LINK/USD	US Dollar	Coinbase PRO (GDAX), Kraken	4.37 USD	$4,440,957
LINK/KRW	South Korean Won	Bithumb, Korbit	5,235.00 KRW	$432,984
LINK/EUR	Euro	Kraken, Litebit	3.88 EUR	$160,150
LINK/BUSD	Binance USD Stable Coin	Binance	4.35 BUSD	$58,058
LINK/USDC	USD Coin	Binance	4.35 USDC	$48,153
LINK/XRP	Ripple	Bitrue	21.36 XRP	$47,466
LINK/TUSD	TrueUSD	Binance	4.36 TUSD	$33,246
LINK/BRL	Brazilian Real	NovaDAX	21.92 BRL	$14,711
LINK/THB	Thai Baht	Bitkub	138.17 THB	$12,357
LINK/BCH	Bitcoin Cash	HitBTC	0.01700240 BCH	$0

LINK/BTC

0.00044988 BTC

24h Volume $30,696,669

Market traded on

Bitforex $24,296,148

Binance $3,159,217

Coinbene $1,589,202

OKEx $647,553

Cat.Ex $582,772

Mercatox $172,887

Bitrue $99,274

Huobi Global $66,205

Huobi Korea $64,829

Kraken $22,118

Livecoin $100

NovaDAX $73

LINK/USDT

4.36 USDT

24h Volume $17,186,090

Market traded on

Binance $7,483,808

Bilaxy $3,851,993

OKEx $2,759,348

Huobi Global $1,718,124

Huobi Korea $1,515,712

Gate.io $13,531

LINK/ETH

0.01800200 ETH

24h Volume $5,230,136

Market traded on

Bitforex $3,815,010

Cat.Ex $413,515

Coinbase PRO (GDAX) $286,387

Binance $194,512

OKEx $172,432

Mercatox $145,583

Bitrue $137,422

Huobi Korea $28,287

Huobi Global $28,223

Kraken $9,805

Gate.io $1,167

IDEX $22

LINK/USD

$4.37 USD

24h Volume $4,440,957

Market traded on

Coinbase PRO (GDAX) $3,993,391

Kraken $448,549

LINK/KRW

5,235.00 KRW

24h Volume $432,984

Market traded on

Bithumb $430,167

Korbit $5,105

LINK/EUR

€3.88 EUR

24h Volume $160,150

Market traded on

Kraken $141,747

Litebit $18,400

LINK/BUSD

4.35 BUSD

24h Volume $58,058

Market traded on

Binance $58,037

LINK/USDC

4.35 USDC

24h Volume $48,153

Market traded on

Binance $47,957

LINK/XRP

21.36 XRP

24h Volume $47,466

Market traded on

Bitrue $48,504

LINK/TUSD

4.36 TUSD

24h Volume $33,246

Market traded on

Binance $33,235

LINK/BRL

21.92 BRL

24h Volume $14,711

Market traded on

NovaDAX $14,716

LINK/THB

138.17 THB

24h Volume $12,357

Market traded on

Bitkub $12,313

LINK/BCH

0.01700240 BCH

24h Volume $0

Market traded on

HitBTC $48

ChainLink inactive markets

Market Ticker	Traded On	Last Trade
LINK/PAX	Binance	May 22,2020
LINK/WETH	n/a
LINK/VET	n/a
LINK/TRY	Sistemkoin	March 27,2020

LINK/PAX

3.98 PAX

24h Volume $5,296

Market traded on

Binance $0

LINK/WETH

n/a WETH

24h Volume $0

Market traded on

n/a n/a

LINK/VET

n/a VET

24h Volume $0

Market traded on

n/a n/a

LINK/TRY

27.70 TRY

24h Volume $0

Market traded on

Sistemkoin $0

ChainLink statistics