$LINEA is set to launch with massive potential as an Ethereum-aligned L2, with its TGE on September 10 at 14:00 UTC. Here is a quick guide to trading $LINEA on Whales Market - The leading pre-market DEX platform for pre-TGE tokens and allocations, with more than $300M in trading volume.

Table Of Contents

1/ What is Linea?

2/ Linea Specializes

3/ $LINEA Information Details

4/ How to trade $LINEA on Whales Market

What is Linea?

Linea is a Layer 2 blockchain built with one mission: to strengthen Ethereum. As a fully EVM-equivalent zero-knowledge rollup (zk-rollup), it scales the network by delivering higher throughput and lower transaction fees.

Being a Type 2 zkEVM, Linea offers complete compatibility with Ethereum, allowing developers to deploy existing smart contracts and dApps seamlessly without any modifications.

Linea Specializes

• zkEVM Type 2: Based on Vitalik Buterin's (Founder of Ethereum) classification, Linea is a zkEVM Type 2, meaning it is fully EVM compatible. This means that most applications on Ethereum will be able to run easily on Linea without much change to the source code.
• Backed by ConsenSys: Just being backed by ConsenSys gives Linea a huge advantage over other L2s. ConsenSys is the company behind many key products such as the Metamask wallet and key infrastructure on Ethereum, including Infura and Truffle.
• Low Cost and High Security: Linea uses ZKP, a cryptographic technology that allows verifying the correctness of transactions without revealing data.
• Lattice-based encryption technology: Lattice is a leading advanced cryptographic method today, helping to protect data and improve computational performance, contributing to increased network throughput.

$LINEA Information Details

Token Key Metrics

Here is the information of LINEA token:

• Token Name: Linea
• Ticker: LINEA
• Token Type: TBA
• Total Supply: 72,009,990,000 LINEA
• Contract address (CA): 0x1789e0043623282d5dcc7f213d703c6d8bafbb04

Token Usecase

Currently, Linea has not announced any official usecase of LINEA token for the project. Whales Market will update immediately when the official Linea website announces.

Token Allocation

$LINEA Tokenomics:

• Ecosystem growth, public good, R&D: 75%
• Consensys Treasury: 15%
• Early contributors: 10%

Linea (LINEA) Listing Information

Here are important details revealed to $LINEA:

• Listing time: TBA
• Confirmed CEX Listings: TBA
• Pre-market Price (Whales Market): $0.03

How to trade $LINEA on Whales Market

Here’s how to trade $LINEA step by step:

Step 1: Join Whales Market

Join https://pro.whales.market/pre, connect your wallet, and choose “LINEA token”

Step 2: Create Offer

If you want to buy $LINEA before listing, or sell your token allocation at your preferred price, simply click “Create Offer” button on the platform.

Step 3: Set Price & Amount

To place an order, simply choose between “WANT TO BUY” or “WANT TO SELL”, then select the method by which your order will be filled. To confirm, you’ll need to deposit collateral equal to the value of your offer.

Step 4: Confirm Offer

To proceed, deposit your collateral and sign the transaction through your wallet. The collateral will remain locked until the Settlement phase if your offer is filled. This ensures fairness and trustless execution between all parties.

You can cancel your offer and receive your collateral back as long as it hasn’t been filled. Or you can resell your position via Resell Position.

Step 5: Offer Goes Public

Once created, your offer will be visible on the platform. If you selected “WANT TO BUY”, it will appear under the Sell tab, and if you chose “WANT TO SELL”, it will be listed in the Buy tab. From there, other users can view and fill your offer.

Learn more: How buying token allocation works on Whales Market?

Step 6: Buy or Sell Available Offers

If you find a good deal from another user, simply select the offer, deposit your collateral, and you’re all set.

Step 7: Settlement Phase

At the time of TGE (or CEX listing), the Settlement Phase begins. Sellers are given a 4-hour window to transfer tokens to buyers. Failure to settle within this timeframe results in the loss of their collateral, which is then transferred to the buyer. 

Conclusion

Linea is designed to enhance the scalability of the Ethereum blockchain. A ZK-rollup with full EVM compatibility provides the ability to run smart contracts designed for the Ethereum environment without storing full data on-chain.

At the same time, Linea has also been designed and implemented with a focus on security. As a ZK-rollup, it lacks the security concerns of Optimistic Rollups, relying on ZKPs to prove the validity of rollup transactions rather than crypto-economics to inspire challenges. 

Disclaimer: This article is for informational purposes only, not investment advice, and Whales Market is not responsible for any of your investment decisions.

FAQs

1. What is Linea?

Linea is an Ethereum Layer-2 network developed by ConsenSys, using zero-knowledge (ZK) rollup technology to scale Ethereum with lower gas fees and faster transaction speeds. It's designed to be EVM-compatible, meaning developers can deploy existing Ethereum smart contracts without modification.

2. What is LINEA total supply?

In August 2025, LINEA has announced the total supply for $LINEA to be 72 billion LINEA tokens. For more information, please refer to Linea Official Website.

3. What is LINEA tokenomics?

In August 2025, LINEA has announced their tokenomics as following: Total supply: 72 billions $LINEA (72B) - 75% for Ecosystem Growth - 10% Early Contributors - 15% Consensus Treasury For more information, please refer to Linea Official Website.

4. Who is the team behind Linea?

The team behind Linea is ConsenSys, the web3 software company founded by Ethereum co-founder Joseph Lubin. The development of the Linea network was led by ConsenSys R&D and is now managed by the Linea Association, with ongoing development and partnerships contributing to its growth.

5. What is Linea LXP?

Linea Voyage LXP are non-transferable, soulbound tokens that are distributed to recognize the community's extraordinary contribution toward the growth of the Linea ecosystem. Users can earn Linea LXP through various interactions, including participating events, uisng dApps and providing liquidity. For more information, please refer to Linea Official Documentation.

6. What will be LINEA utility?

LINEA utility as an economic coordination tool that is used to reward real usage, bootstrap aligned applications and builders, and fund Ethereum’s long-term development.

7. Which chain will LINEA get listed on?

The LINEA token will get listed on the Linea Chain. While LINEA is currently not listed yet - you can trade LINEA on Whales Market.