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Ethereum · ERC-677 / ERC-20

Is LINK Safe? ChainLink Token Risk Overview

Utility token of the Chainlink decentralized oracle network.

Contract Identity

Token
ChainLink Token (LINK)
Chain
Ethereum
Standard
ERC-677 / ERC-20
Decimals
18
Contract
0x514910771AF9Ca656af840dff83E8264EcF986CA

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Key Risk Considerations

  • Implements ERC-677 (transferAndCall) in addition to ERC-20; integrators should account for the extended interface.
  • Fixed supply; source verified on-chain.
  • Widely integrated across DeFi as oracle payment and staking collateral.

What a Sentinel Scan Checks

Honeypot signals

Checks third-party honeypot, sell-restriction, and transfer-tax signals.

Holder concentration

Measures top-wallet concentration when coherent provider evidence is available.

Liquidity depth

Examines same-chain DEX liquidity, pool age, and pool composition.

Owner permissions

Checks available indicators of owner, mint, pause, blacklist, and fee controls.

Proxy pattern

Checks provider and source indicators of upgradeable proxy contracts.

Source availability

Checks explorer-verified source and ABI availability; does not independently recompile bytecode.