Search over 1500 projects – from startups to large enterprises – that use Chainlink’s decentralized oracles to securely connect smart contracts with off-chain data and services. Chainlink is the premier decentralized oracle solution in DeFi today, and its price feeds already power an impressive range of DeFi projects. That includes lending protocol to Aave, which generally works somewhat similarly to Compound but relies instead on Chainlink’s decentralized oracles. A list of the top Compound ChainLink Token markets across all crypto exchanges based on the highest 24h trading volume, with their current price. Before swapping coins, feel free to use our Compound to Chainlink calculator to see how many LINK you’ll receive.

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He said that this “provides assurances to DeFi applications that want to rely on that collateral. Chainlink Ecosystem is a community site delivering the latest news and information about integrations and collaborations with the Chainlink network. These items are used to deliver advertising that is more relevant any experience with poloniex crypto exchange to you and your interests. They may also be used to limit the number of times you see an advertisement and measure the effectiveness of advertising campaigns. Advertising networks usually place them with the website operator’s permission. When you visit websites, they may store or retrieve data in your browser.

Yet this Dai price spike, combined with an acutely falling ETH price, pushed some Dai positions on DeFi lending protocol Compound into being undercollateralized and thus capable of being liquidated. On Thursday, November 26th, the price of the Dai stablecoin (ordinarily ~$1 USD) exploded up to $1.30 on Coinbase as traders tried to snag up funds en masse to pay back, and thus keep afloat, their DeFi lending positions. Sign up for This Week in DeFi to get the latest cryptocurrency and DeFi trends. It has a circulating supply of 51 Million CLINK coins and a total supply of 51.4 Million. All this is useful for other protocols integrating WBTC, said Nazarov.

cLINK Price

Much of the complains levelled at Compound over the last 24 hours have to do with the fact that the DeFi protocol was overly reliant on a singular price feed, Coinbase’s. The market price of DAI was cryptocurrency wallet guide for beginners $1.30 in a real market with real trading. Evidence suggests that organic trading and liquidation activity led to the Compound liquidations, as some Ethereum users pointed out on social media.

• When the price hits the target price, an alert will be sent to you via browser notification.
• The lowest exchange rate in the last 30 days was 6.34 LINK on UTC which indicates a volatility of 7.32%.
• Sign up for This Week in DeFi to get the latest cryptocurrency and DeFi trends.
• We aim to provide a platform where users can manage all popular cryptocurrencies, exchange between them, and easily diversify their cryptocurrency portfolio.

Should it deviate, Chainlink will update the contracts with the new balance. Over the last 24 hours, a Compound ChainLink is worth 2.63% more. Visit our currency converter page to convert CLINK prices to currencies other than USD.

How to swap COMP to LINK

You will receive an email with instructions for how to confirm your email address in a few minutes. You will receive an email with instructions on how to reset your password in a few minutes. Life After Merge The Merge was a resounding success but prices did not reflect the so-called ‘fundamentals’. When the price hits the target price, an alert will be sent to you via browser notification. To receive alerts, please allow web browser notification permission.

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• A list of the top Compound ChainLink Token markets across all crypto exchanges based on the highest 24h trading volume, with their current price.
• CoinGecko provides a fundamental analysis of the crypto market.
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Chainlink’s Nazarov Chimes In

Simply enter the required amount in COMP, and let our COMP to LINK converter determine the approximate exchange rate. ChangeNOW is a versatile service that offers many different options to exchange Compound. We aim to provide a platform where users can manage all popular cryptocurrencies, exchange between them, and easily diversify their cryptocurrency portfolio. Aave’s worth highlighting here, then, because its Chainlink-powered Dai markets didn’t experience a raft of liquidations like Compound’s did. That’s on account of Chainlink bundling a range of price feeds rather than just relying on one. BitGo, the company that operates Wrapped Bitcoin, a synthetic version of Bitcoin based on the Ethereum blockchain, today announced that it’s using Chainlink to audit its reserves of Bitcoin.

This trend is determined by the technical indicators on our Compound and ChainLink price prediction pages. To determine whether a coin is bearish or bullish, we use technical cex kingston upon hull reviews indicators such as the Relative Strength Index and important simple and exponential moving averages. CoinGecko provides a fundamental analysis of the crypto market.