Chainlink Reserve Adds 427,577 LINK in October, Reaching 6.48 Million

Chainlink announced Friday, Oct. 30, that its reserve had added 427,577 Chainlink (LINK) tokens during October, worth more than $5.3 million, bringing reported holdings to 6,475,076 LINK.

The update appeared at 5:30 p.m. ET (21:30 UTC), before October ended, and gave no exact cutoff for the accumulation. The 427,577 LINK figure is therefore an October-to-date total, not a completed-month tally.

The reserve converts offchain enterprise revenue and onchain service usage into LINK through Payment Abstraction. It is an Ethereum smart contract with a multiday timelock before withdrawal requests are processed.

The reserve held 6,047,498.3150 LINK at Q3 end. Adding October’s stated amount to that balance gives 6,475,075.3150 LINK, 0.685 LINK below the newly reported total. The update gives whole-token figures but does not state the underlying precision needed to resolve the difference.

The new figure covers a different period from the reserve’s 431,900 LINK addition over a rolling 30-day period. The two amounts are not direct comparisons.