Decentralized oracle provider Chainlink has expanded its dominance across Ethereum-based decentralized-finance applications, securing 83.73% of the total value locked on the network, according to data published by analytics firm DefiLlama. The figure represents more than $78 billion in assets relying on the protocol’s price feeds and other services for accurate off-chain data. DefiLlama’s dashboard also shows Chainlink protecting almost the entire value locked on Coinbase’s Base layer-2, underscoring the project’s growing role in safeguarding assets across newer scaling solutions. Beyond price feeds, Chainlink’s Cross-Chain Interoperability Protocol has processed more than $2 billion in transfers across over 50 blockchains, reinforcing supporters’ view that the network is becoming the default middleware for applications that need to move data and assets between disparate chains. Roughly 678 million LINK tokens are in circulation out of a 1 billion maximum supply, giving the project further capacity to reward node operators as demand for its services increases. Analysts say the accelerating shift toward multi-chain architectures among financial institutions and new layer-1 platforms could entrench Chainlink’s position as a critical piece of blockchain infrastructure.