What is Chainlink?

Chainlink oracle providers treat prices as undefined when markets are closed, refusing to track off-hours price discovery. This was a fundamental blocker for Synthetix's attempt to build real-world-asset perpetuals.

“Chainlink's people that they were talking to had no they're just not they're like, "When the market is shut down, the market is shut down. Like why would we care about the like outside of market times, right?”

Chainlink is being used by UBS Asset Management to build a fund service transfer agent operating model on a public blockchain, signaling institutional adoption of public-chain infrastructure for traditional asset management.

“We worked with UBS Asset Management in wanted to create a fund service transfer agent operating model on a public blockchain. And we were able to build that with them.”

Jeremy Grantham on Chainlink's competitive position as a multi-chain infrastructure platform.

“We do not have competition as a general platform that does all of these things like compliance, orchestration, No one else can deliver all of those products at scale with the level of security and reliability and track record that we've had.”

Jeremy Grantham on the TVL effect of integrating Chainlink middleware onto a blockchain.

“The very moment you integrate Chainlink, that total value locked goes into a hockey stick because people that have tokens all of a sudden can do things with those tokens.”

Chainlink frames itself as having zero direct competitors as a combined multi-chain compliance and orchestration platform at institutional scale, a claim that runs against the crowded blockchain middleware narrative.

“We do not have competition as a general platform that does all of these things like compliance, orchestration, No one else can deliver all of those products at scale with the level of security and reliability and track record that we've had.”