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 markets

Market Ticker	Traded Against	Traded On	Average Price	24h Volume
LINK/BTC	Bitcoin	Binance, Huobi Global, Bitrue, OKEx, Mercatox, COSS, Livecoin	0.00016348 BTC	$35,712,806
LINK/USDT	Tether	Binance, Huobi Global, OKEx, Gate.io	1.29 USDT	$12,223,279
LINK/XRP	Ripple	Bitrue	3.24 XRP	$3,190,602
LINK/ETH	Ethereum	Binance, Huobi Global, OKEx, Bitrue, IDEX, Gate.io, COSS, Livecoin	0.00478141 ETH	$3,091,102
LINK/KRW	South Korean Won	Bithumb	1,280.00 KRW	$905,528
LINK/TUSD	TrueUSD	Binance	1.28 TUSD	$674,768
LINK/USDC	USD Coin	Binance	1.25 USDC	$672,221
LINK/PAX	Paxos Standard Token	Binance	1.29 PAX	$145,429
LINK/THB	Thai Baht	Bitkub	38.46 THB	$14,089

LINK/BTC

0.00016348 BTC

24h Volume $35,712,806

Market traded on

Binance $32,069,068

Huobi Global $792,407

Bitrue $624,467

OKEx $253,064

Mercatox $37,885

COSS $20,962

Livecoin $395

LINK/USDT

1.29 USDT

24h Volume $12,223,279

Market traded on

Binance $9,582,314

Huobi Global $2,235,163

OKEx $369,962

Gate.io $94,225

LINK/XRP

3.24 XRP

24h Volume $3,190,602

Market traded on

Bitrue $3,252,929

LINK/ETH

0.00478141 ETH

24h Volume $3,091,102

Market traded on

Binance $2,908,809

Huobi Global $145,825

OKEx $17,655

Bitrue $8,756

IDEX $8,184

Gate.io $4,682

COSS $568

Livecoin $103

LINK/KRW

1,280.00 KRW

24h Volume $905,528

Market traded on

Bithumb $906,295

LINK/TUSD

1.28 TUSD

24h Volume $674,768

Market traded on

Binance $674,057

LINK/USDC

1.25 USDC

24h Volume $672,221

Market traded on

Binance $673,132

LINK/PAX

1.29 PAX

24h Volume $145,429

Market traded on

Binance $146,352

LINK/THB

38.46 THB

24h Volume $14,089

Market traded on

Bitkub $14,085

ChainLink statistics