
What Is Chainlink? A Beginner’s Guide to the Decentralized Oracle Network
Chainlink connects blockchains to real-world data, enabling smart contracts to function securely and accurately.

Chainlink connects blockchains to real-world data, enabling smart contracts to function securely and accurately.
Markets
Bitcoin is back under $80,000 today, down about 1%, after a stellar August rally brought investors gains of over 20% in the last 30 days. But as trading action on the crypto majors cools, there’s at least one altcoin climbing up the charts: the native token of the decentralized oracle network Chainlink, up a whopping 6.8% in the last 24 hours. Can it keep crypto’s hot summer going a little longer? Myriad: Bitcoin next price move? Click to make your prediction. Bitcoin got rejected from $82,000 t...
Coins
Standard Chartered has initiated coverage of Chainlink with a price target of $200 by the end of 2030, implying a roughly 25-fold gain from around $8 today and outperformance of both Bitcoin and Ethereum over the period. Geoff Kendrick, the bank's global head of digital assets research, laid out staged targets in a note published Monday: $13 by the end of this year, then $41, $82 and $133 before reaching $200. The same note pencils in Bitcoin at $500,000 and Ethereum at $40,000 by end-2030. Ken...
Markets
Barstool Sports founder and media personality Dave Portnoy knows he’s not an expert crypto trader—but that’s never stopped him from trying over and over again for several years now. This week, Portnoy told Fox Business host Stuart Varney that he’s down millions on Bitcoin, the top crypto asset by market cap, as it has fallen more than 50% from its October all-time high of $126,080 to a recent price of $62,162. “Yeah, I’ve got regrets,” Portnoy told Varney about his crypto trading experience. “I...
Our Company
Prediction market platform Myriad has adopted Chainlink as the “exclusive oracle infrastructure” behind its prediction markets for the 2026 FIFA World Cup matches, automating how those markets are resolved and settled. The move builds on Myriad's existing use of the Chainlink Runtime Environment, or CRE, which the platform already uses to run crypto price markets. CRE will handle market resolution and settlement for the tournament, a process the firms say is intended to replace the slower, manua...
Opinion
Morning Minute is a daily newsletter written by Tyler Warner. The analysis and opinions expressed are his own and do not necessarily reflect those of Decrypt. And check out our new daily news show covering all of the top stories in 5 minutes, downloadable on Apple Pod or Spotify. GM! Today’s top news: Crypto majors are red after hot CPI; BTC -1.5% at $79.3k BTC ETFs see $630M in net outflows, most since January Schwab officially began rollout of spot crypto trading Claude helps user find $400k...
Our Company
Prediction market Myriad has fully adopted Chainlink, the industry-standard oracle platform, to power its crypto prediction markets, starting with markets for BTC, ETH, BNB, and SOL, with RWA markets to follow. Chainlink unlocks high speed prediction markets that provide near real-time payouts for users. Underpinning the integration, the Chainlink Runtime Environment (CRE) equips Myriad with a unified orchestration layer to automate market creation, resolution, and settlement, powered entirely b...
Technology
The firm that serves as the backbone of American securities markets is making its most ambitious bet yet on blockchain, announcing Tuesday that it will integrate infrastructure from Chainlink into its digital collateral platform as part of a push to bring Wall Street's notoriously slow back-office systems into the 24/7 era. The Depository Trust & Clearing Corporation said its Collateral AppChain platform will leverage Chainlink's Runtime Environment and data standard to enable near real-time co...
Technology
Another crypto project is leaving blockchain interoperability protocol LayerZero after the fallout from the $292 million Kelp DAO exploit intensified scrutiny around cross-chain bridge security. In an announcement Thursday, Solv Protocol said it is migrating the infrastructure that powers more than $700 million in tokenized Bitcoin from LayerZero to Chainlink’s Cross-Chain Interoperability Protocol (CCIP), following what it described as a broader security review of cross-chain systems. The prot...
Technology
KelpDAO is blaming LayerZero for a $292 million exploit and plans to relaunch with a redesigned cross-chain system on Chainlink, the group announced on X on Tuesday. “From the April 18 incident, it is clear that LayerZero's own infrastructure was exploited, resulting in $300M in losses across DeFi,” Kelp DAO wrote on X. “Independent reports from SEAL 911, Chainalysis, and other major leading security researchers all point to the same origin.” In April, an attack drained about 116,500 rsETH—an E...
Technology
Amazon Web Services has launched Chainlink's data standard on the AWS Marketplace, making the oracle provider's data feeds, data streams, and proof-of-reserve services available to enterprise developers. The AWS Marketplace integration includes three core Chainlink services designed for enterprise blockchain applications. Chainlink data feeds provide decentralized price and market data for asset valuation, settlement, and risk management, according to the announcement. The oracle provider’s dat...
Coins
Digital asset investment products logged their fifth consecutive week of outflows, extending a selloff that has now erased $4 billion from the sector amid widespread investor disinterest and macro uncertainty. Crypto funds saw $288 million in net outflows last week, bringing the five-week total to approximately $4 billion, according to a CoinShares report published Monday. Trading volumes plunged to $17 billion—the lowest level since July 2025—underscoring waning interest even as prices stabiliz...
Coins
Digital asset investment products recorded $1.73 billion in outflows last week, marking the largest weekly withdrawal since mid-November 2025, according to data published Monday by CoinShares. Bitcoin investment products led the declines, with $1.09 billion exiting during the week, while Ethereum funds saw $630 million in outflows. In contrast, Solana-linked products recorded inflows of $17.1 million. Total assets under management across digital asset investment products stood at $178 billion....
Markets
Major cryptocurrency holders are increasing their positions in Ethereum, Chainlink, and Bitcoin, according to on-chain data, in a sign of strategic accumulation that contrasts with recent retail-driven selling pressure. Ethereum’s staking ratio reached a new milestone of 30% on Monday, locking over $120 billion worth of ETH on the network, according to Token Terminal. The all-time high indicates growing institutional confidence in the network’s value proposition. On Tuesday, crypto mining firm...
Markets
CME Group, operator of the world's largest financial derivatives exchange, will add Cardano, Chainlink, and Stellar futures contracts to its crypto offerings on February 9. The new ADA, LINK, and XLM contracts are still pending regulatory review, the firm said in a press release Thursday. The contracts will be offered both in standard and micro sizes for all three cryptocurrencies: 100,000 ADA and 10,000 for the micro; 5,000 LINK and 250 for the micro; and 250,000 XLM and 12,500 for the micro. "...
Markets
Bitwise Asset Management launched its Bitwise Chainlink ETF on NYSE Arca Wednesday, making it the second LINK-based spot ETF to trade in the U.S. At the time of writing, Chainlink is trading for $14.25—the highest it's been in the past month—after having gained almost 5% in the past day, according to crypto price aggregator CoinGecko. In a press release, Bitwise Chief Investment Officer Matt Hougan framed Chainlink's oracle infrastructure as a key connector between blockchain networks and real-w...
Coins
A draft version of a key U.S. Senate bill could grant major cryptocurrencies like XRP, Solana, and Dogecoin significant regulatory relief by placing them in the same category as Bitcoin and Ethereum, according to text circulating ahead of the official release. The draft of the Senate Banking Committee's "Clarity Act," released by Chairman Tim Scott of the Senate Banking Committee today, includes a provision that would classify certain tokens as "non-ancillary" assets, effectively exempting them...
Markets
Grayscale launched its Grayscale Chainlink Trust ETF (GLNK) on NYSE Arca on Tuesday, becoming the first spot Chainlink exchange-traded product to reach the U.S. market. The conversion shifts the vehicle from a private trust into an ETF holding Chainlink’s native cryptocurrency, LINK, as its sole asset, following an amended S-1 filed last month that set the structure for the newly listed product. Asked about why they chose the chain, a Grayscale representative told Decrypt Chainlink was a natura...
Coins
Tokenized equity provider Dinari is collaborating with Chainlink to bring a new blockchain focused equities index on-chain, the firm announced on Wednesday. The S&P Digital Markets 50 Index built by Dinari with the help of index provider S&P Dow Jones Indices—the maintainer of the S&P 500 and the Dow Jones indices—is expected to start before the end of the year. “By powering the S&P Digital Markets 50 Index, Chainlink is enabling one of the first indexes to operate on-chain with verifiable, re...
Markets
Publicly traded asset manager Caliber made its first significant buy of Chainlink (LINK) this week, adding 278,0111 LINK worth around $6.5 million to its treasury, it announced Thursday. The Arizona-based firm has now acquired around $6.7 million worth of LINK in just over a month since announcing its Chainlink treasury strategy. While other firms are stacking assets like Bitcoin, Ethereum, Solana, or XRP, Caliber saw something unique in LINK. “We found that Chainlink was the obvious choice for...
Business
Polymarket is taking a new approach to how certain markets are resolved on its platform, giving oracle platform Chainlink authority over some of its users’ price predictions. Focusing on the “accuracy and speed” of markets that hinge on the performance of digital assets, Chainlink said in a press release on Friday that it is now Polymarket’s go-to source for determining whether a price was reached within a certain period of time. In a statement, Chainlink co-founder Sergey Nazarov called it a “p...