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DeFi

Chainlink Reserve crosses 3.9M LINK as the buyback machine keeps running

The @chainlink Reserve added another 132,002 $LINK tokens, worth roughly $1.1 million, in its latest weekly purchase, pushing total holdings to 3,911,079 LINK. The figure represents a near-do

AnonymousCryptoCompass newsroom
May 28, 2026
2 min read
NEWS
Chainlink Reserve crosses 3.9M LINK as the buyback machine keeps running
CryptoCompass editorial visual for defi coverage.

The @chainlink Reserve added another 132,002 $LINK tokens, worth roughly $1.1 million, in its latest weekly purchase, pushing total holdings to 3,911,079 LINK. The figure represents a near-doubling from the approximately 2.17 million tokens held in February, underscoring the pace at which the reserve has grown since its launch.

Revenue-driven accumulation, not token printing

The Chainlink Reserve is designed to support the long-term growth and sustainability of the Chainlink Network by accumulating LINK tokens using offchain revenue from large enterprises adopting the Chainlink standard and from onchain service usage.Payment Abstraction, the onchain infrastructure underpinning the mechanism, allows users to pay for Chainlink services in their preferred form of payment, with those payments then programmatically converted to LINK using a combination of Chainlink services and decentralised exchange infrastructure.

That distinction matters for tokenomics. Rather than minting new supply to fund operations, the reserve is funded by revenue from offchain and onchain services, which reduces the supply of LINK available in the market.This approach minimises market disruption while steadily reducing circulating supply, and avoids the sharp price spikes and speculative behaviour that often follow highly publicised buyback announcements.

Weekly inflows have climbed from roughly 80,000 to 90,000 LINK at the programme's August 2025 launch to more than 125,000 now, according to the original report. Demand for Chainlink has already created hundreds of millions of dollars in revenue, substantially from large enterprises that have paid offchain for access to the Chainlink Platform.

Quiet accumulation through sideways price action

Reserve inflows have continued regardless of market conditions. The accumulation highlights a maturing approach to token economics, sustainability, and long-term network resilience, reflecting a structural shift in how leading blockchain protocols manage revenue, supply, and ecosystem incentives.

No withdrawals are expected from the Reserve for multiple years, and it is therefore expected to grow over time.Unlike aggressive burns, which permanently destroy tokens, the reserve offers flexibility: tokens can later be deployed to support staking incentives, node operator rewards, ecosystem grants, or infrastructure expansion.

The reserve's analytics dashboard is publicly accessible at reserve.chain.link, where on-chain holdings can be tracked in real time.

Sources:Chainlink Blog: Introducing the Chainlink ReserveThe Defiant: Chainlink Launches On-Chain Reserve to Buy Back LINK Tokens