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Chainlink Secures More Than $110 Billion Across Blockchain Protocols

Chainlink now secures more than $110 billion in onchain value across cross-chain tokens and DeFi markets, highlighting the oracle network’s growing importance in digital asset and tokenized finance infrastructure.

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Summary

Chainlink now secures more than $110 billion in onchain value across cross-chain tokens and DeFi markets, according to the source. The update expands on earlier reporting by specifying that the secured value spans cross-chain token activity and decentralized finance, reinforcing Chainlink’s role as core infrastructure for digital assets. The source says this scale underlines how central the oracle network has become to blockchain connectivity and to the development of tokenized finance.

Terms & Concepts
  • DeFi: Short for decentralized finance, a category of blockchain-based financial applications that operate without traditional intermediaries.
  • Oracle network: A network that supplies external data and services to blockchains and smart contracts so on-chain applications can use information from outside the chain.
  • Tokenized finance: A blockchain-based model in which assets or financial claims are represented as digital tokens that can be managed and transferred on-chain.