What is CHAINLINK(LINK)?Launch

Basic information about LINK

Coin name:

Chainlink

Coin symbol:

Coin introduction:

Aave protocol is a "decentralized, open-source, and non-custodial money market protocol". Depositors earn interest by providing liquidity to lending pools, while borrowers can obtain overcollateralized loans by using the liquidity from these pools. Similar to other DeFi platforms (e.g., Compound, Fulcrum), deposits are tokenized as aTokens, which accrue interest in real-time. Aave Protocol supports more than 15 different assets, with a large selection of stablecoins. LEND tokens are used for fee reductions and will also be used for governance rights at the protocol level for future smart-contract updates. LEND tokens are also burnt from the fees collected from the Aave Protocol. Since January 2020, Aave protocol also offers undercollateralized solutions: flash loans allow developers to borrow instantly and easily without any collateral.

Current Price:

$7.87More coin details

All-time high:

$52.88

All-time low:

$0.13

LINK Supply Info and Tokenomics

Circulating supply:

727,099,970

Total supply:

1,000,000,000

Max supply:

1,000,000,000

Market cap:

$5.72B

Fully diluted valuation:

$7.87B

What is the outlook and future value of LINK?

The current market cap of LINK is $5.72B, ranked 25 in the market, showing that the market already recognizes the value of LINK. When a bull market arrives, the market cap of LINK may continue to grow.

Moreover, if LINK can play a greater role in real-world applications—such as if the Monero developers can fully empower LINK and establish partnerships with more business partners to expand its user base—then the long-term value of LINK will be further enhanced.

What is the price of LINK in 2027?

According to the historical price performance prediction model of LINK, the price of LINK is expected to reach $8.26 at 2027.

Note: As with any crypto investment, investors should closely monitor LINK’s performance and stay aware of the risks. The crypto world is highly volatile, and adequate research and preparation are necessary.

How else can I get LINK?

Purchasing LINK with cash is not the only way to obtain LINK. If you have enough time, you can get LINK for free.

Learn how to get Hot rewards for free with LINK.

Earn free LINK by inviting friends to join LBank My Activity|LBank Reward Center

Join LBank Launchpad to get LINK airdrops for free.

All crypto airdrops and rewards can be exchanged for LINK through LBank spot trading.

Buy LINK starting from $1

What is LINK used for and how to use it?

The use cases for LINK may grow with the development of the crypto market and project progress. Currently, you can use LINK to:

Arbitrage trading of LINK

LINK is frequently traded, with constant price fluctuations. You can profit from buying low and selling high. LBank Spot market offers many LINK trading pairs to suit your needs.

Earn yield with LINK

You can also lend out LINK or use other Earn products to gain returns. LBank Earn platform provides a wide variety of investment products to help you maximize your LINK gains.

Send or pay with LINK

If you want to pay someone with LINK, you can easily and quickly send LINK to them using their receiving address.

You can also visit the official website of Chainlink to learn more use cases of LINK, such as whether the Chainlink project supports community/eco apps or buying physical or virtual goods with LINK.