Chainlink Price (LINK)

A lending contract needs a price to decide whether a borrower has enough collateral. Chainlink Data Feeds provide a reference price by combining reports from multiple operators. The contract reads that feed when it needs to value a position.

Feeds publish a new value when the price moves far enough or a time limit passes, according to the feed’s settings. That reference price can differ from the most recent trade on a single exchange. Chainlink also runs CCIP, a service for sending messages and transferring supported tokens between chains.

LINK is used in the Chainlink network, including in its staking system. The chart on this page tracks the market price of LINK. PiSpace’s DeFi dashboard shows the value deposited in apps, many of which rely on price feeds to operate.