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*Inflation figures shown here reflect circulating (market) inflation and may differ from a coin’s projected, policy (planned) inflation.

What is Chainlink?

Chainlink is the leading decentralized oracle network that connects on-chain smart contracts with real-world data, APIs, and payment systems. It delivers secure, tamper-proof data feeds for DeFi, insurance, and other blockchain applications, powered by the LINK token used to compensate node operators. This combination enables reliable, scalable smart contract functionality across multiple blockchains.

Why does Chainlink have inflation?

Chainlink does not have inflation. LINK has a capped supply of 1 billion tokens, with no ongoing minting, so the network is not inflationary; price movements are driven by demand rather than new token creation.

How is Chainlink inflation calculated?

Chainlink inflation is calculated by comparing the circulating supply from one year ago to today’s supply. The percentage increase in supply over that period is the annual inflation rate. Learn more in our guide: What is cryptocurrency inflation?.

How is Chainlink emission calculated?

Chainlink emission refers to how new coins enter circulation, usually through mining or staking rewards. The emission rate depends on the project’s monetary policy and block reward schedule. Learn more in our guide: What is cryptocurrency emission?.

FAQ

We calculate our own inflation and emission data via our algorithms. You can learn more about how we derive our data in the learn page.

We encourage the usage of any data available on this website. You may use it for your personal or educational goals, but do not use it commercially unless you purchase the CryptoInflation API.

We strive to make the data as accurate as possible, but some blockchains have limitations on how precisely supply, inflation, and emission can be calculated. Moreover, the data on this website often has to be averaged and approximated, therefore the data can be a bit off sometimes.

Cryptocurrency emission and inflation aren’t inherently bad—they’re part of how many blockchains secure their networks and incentivize miners or validators. Moderate inflation can help distribute coins fairly and keep the network active, but excessive or poorly managed emission may dilute value and hurt long-term sustainability. You can learn more about how issuance affects price here.