Price
$0.0064
12/6/2022, 8:00:45 PM
diamondHands

Buy Linear with Coinbase Wallet

Linear can be traded using Coinbase Wallet, your key to the world of crypto.

Market

Market stats

Market cap

$29.2M

Volume (24h)

$5.0M

Circulating supply

4.5B LINA

All time high

$0.31

Price change (1h)

-0.16%

Price change (24h)

+1.01%

Price change (7d)

+2.76%

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Linear is on the rise this week.

The price of Linear has risen by 2.76% in the past 7 days. The price increased by 1.01% in the last 24 hours. In just the past hour, the price shrunk by 0.16%. The current price is $0.0064 per LINA. Linear is 97.93% below the all time high of $0.31.

The current circulating supply is 4,539,220,613.676 LINA.

About

What Is Linear (LINA)?

Linear Finance is a decentralized and cross-chain compatible protocol. The whitepaper states that the platform acts as a reliable gateway with the acceptance of cryptocurrency and the association of centralized finance (Cefi) and decentralized finance (Defi)

Linear Finance is aimed at creating, trading, and managing synthetic assets, a combination of derivative assets and cryptocurrencies. The long-term goal of the Linear platform is to enhance inclusiveness and access to tradable assets, either traditional or digital assets. Linear Finance seeks to offer a platform to all its users to acquire exposure to a broad array of assets without involving any settlement time and slippage. In simpler words, the primary aim of the Linear platform is to offer a user experience with scalability and better speed with the help of the protocol’s cross-chain abilities. 

The platform enables its users to trade liquid assets cost-effectively with cross-chain compatibility. The customized swap feature of the platform helps save gas fees and enables the compatibility of the platform’s native token across various blockchains. Also, Linear. Exchange of the platform allows trading of various liquid assets grounded on spot cryptocurrencies, thematic indexes, and commodities with immediate finality and confirmation time. The availability of the Linear pool is the essential part of the platform as it serves as a “decentralized counterparty” to every liquid exchange, thereby producing infinite liquidity for the users. 

The platform is supported by a LINA token built on the Ethereum blockchain that complies with ERC-20 standards. LINA is a governance token that allows token holders of the platform to vote on distribution models, pledge ration, assets required to be listed, and more. The token adopts an inflationary model to improve staking incentives. The staking of LINA tokens is considered the backbone of Linear’s platform. 

History of Linear (LINA)

The founder of Linear Finance is Kevin Tai. Another mastermind behind the platform is Drey Ng, tech and product lead of Linear Finance. 

The maximum total supply of LINA tokens is ten billion.

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FAQ

What is the current price of Linear?

The price of 1 Linear currently costs $0.0064.

What is the market cap of Linear?

The current market cap of Linear is $29.19M. A high market cap implies that the asset is highly valued by the market.

What is the all time high of Linear?

The all-time high of Linear is $0.31. This all-time high is highest price paid for Linear since it was launched.

What is the 24 hour trading volume of Linear?

Over the last 24 hours, the trading volume of Linear is $4.97M.

What other assets are similar to Linear?

Assets that have a similar market cap to Linear include Splintershards, HUNT, BitShares, and many others. To see a full list, see our comparable market cap assets.

How many Linear are there?

The current circulating supply of Linear is 4.5 billion.