About Chainlink (LINK)
Chainlink is an oracle platform designed to connect capital markets with blockchain networks and support decentralized finance (DeFi) applications. The platform is positioned to participate in blockchain industry developments such as stablecoin adoption, real-world asset tokenization, and institutional use of blockchain technology. Chainlink operates using the LINK token, which is used to pay for network services and support its operation.
Chainlink uses a fee model in which revenue generated from both offchain and onchain enterprise usage is converted into LINK tokens and allocated to a Chainlink Reserve.
Financial institutions and infrastructure providers including Swift, DTCC, Euroclear, J.P. Morgan, Mastercard, Central Bank of Brazil, UBS, SBI, Fidelity International, and ANZ have integrated or tested Chainlink infrastructure as part of their tokenization initiatives. According to the project, this activity has contributed to revenue generation across both traditional and decentralized use cases.
The Chainlink platform provides services related to data access, interoperability, computation, compliance, privacy, and integration with legacy systems. These components are designed to support blockchain applications that connect onchain and offchain environments.
The circulating supply of LINK token is 708.09 million, with a total supply of 1 billion tokens.
LINK is listed on Binance for trade and purchase. LINK price is updated and available in real time on Binance.