$1,000 in Chainlink in 2023

A $1,000 investment in Chainlink (LINK) made in January 2023 would be worth about $1,617 as of May 2026 (latest complete month) — a ×1.62 return, or +15.5% per year. Adjusted for US inflation (CPI), that equals $1,454 in 2023 dollars. The same $1,000 in the S&P 500 with dividends reinvested would have grown to $1,967.

In plain terms: after stripping out +11.2% US inflation since January 2023, today's $1,617 buys roughly what $1,454 bought back in 2023 — a ×1.45 gain in actual purchasing power.

Chainlink is the dominant oracle network, feeding real-world prices into DeFi protocols. LINK was one of the strongest altcoins of 2019–2021, but like most infrastructure tokens its price has chronically lagged the actual adoption of the technology it powers.

Data as of · updated weekly

Worth today
$1,617
×1.62 · +15.5%/yr
Inflation-adjusted
$1,454
in 2023 dollars
S&P 500 instead
$1,967
same period, dividends reinvested
Gold instead
$2,622
same period, futures price

The actual numbers: Chainlink since 2023

LINK price in January 2023$5.62
LINK price as of May 2026$9.09
Nominal return×1.62 (+15.5%/yr)
US CPI inflation since January 2023+11.2%
Real (inflation-adjusted) return×1.45 (+11.9%/yr)
Same money in the S&P 500$1,967

Methodology: start-of-month prices, one-time purchase, no fees or taxes assumed. Full methodology.

What happened in 2023

2023 was the quiet recovery from the FTX bottom: Bitcoin climbed from $16,500 to about $42,000 as fear faded and BlackRock's spot-ETF filing in June rewrote the institutional narrative.

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Year
Month
Worth today
$1,617
×1.62 · +15.5%/yr
Inflation-adjusted
$1,454
in 2023 dollars
S&P 500 instead
$1,967
dividends reinvested
Gold instead
$2,622
same period

Chainlink vs S&P 500 total return vs uninvested cash eroded by CPI. Monthly grid, start-of-month prices.

FAQ: Chainlink returns since 2023

How much would $1,000 invested in Chainlink in 2023 be worth today?

About $1,617 as of May 2026 — a ×1.62 return. Adjusted for inflation, that equals $1,454 in 2023 dollars. This assumes a one-time purchase in January 2023 at $5.62 and never selling.

What does “inflation-adjusted” mean here?

US consumer prices rose +11.2% between January 2023 and May 2026 (CPI). So $1,617 today buys roughly what $1,454 bought in 2023. We deflate by CPI to show the gain in actual purchasing power.

Did Chainlink beat the S&P 500 since 2023?

No. $1,000 in Chainlink is worth $1,617, while the same money in the S&P 500 with dividends reinvested would be $1,967.

What was the average annual return of Chainlink since 2023?

+15.5% per year nominal (CAGR over 3.3 years), or +11.9% per year after CPI inflation.

Where does the data come from?

Crypto prices: Coin Metrics community data and Binance public market data. S&P 500: total-return index (^SP500TR). Inflation: US CPI (CPIAUCSL) from FRED. All series use a monthly grid and refresh weekly.

Chainlink in other years

Other assets in 2023

Educational purposes only — not investment advice and not a recommendation to buy or sell any asset. Past performance is not indicative of future results. Calculations assume a one-time purchase at the start-of-month price, no fees, no taxes and no selling.