Linea is the Layer2 project of Consensys – the giant behind the world's largest decentralized cryptocurrency wallet, Metamask. So what is Linea? Let’s dive into the article below.

Key Takeaways

• Linea is the Layer 2 network that uses zero-knowledge (zk) rollups to bundle transactions off-chain and submit proofs to the Ethereum mainnet for faster, cheaper, and more efficient execution.
• On Linea, every transaction will burn ETH, directly reducing its supply, reinforcing its long-term value, and bolstering its position as a digital commodity.
• When users transfer ETH onto Linea, it is automatically staked to deliver optimized risk-adjusted yields for liquidity providers, helping drive growth across Linea’s DeFi ecosystem. 

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.

This architecture brings major advantages such as reduced gas costs, faster transactions, and high scalability, while preserving Ethereum’s robust security, decentralization, and continued support for familiar developer tools.

Linea is the blockchain for Ethereum

On July 29th 2025, Linea announced a pioneering new approach to building an Ethereum-centric Layer 2. Now, Linea’s mission has gone beyond scaling Ethereum - it strengthens Ethereum’s core value, developer community, and long-term economic framework.

With an Ethereum-equivalent, credibly neutral architecture and a token model designed to return value to ETH and support public goods, Linea delivers an ecosystem-driven L2 funding approach that echoes Ethereum’s own early foundations.

Linea isn’t built to replace Ethereum, but to extend it - reflecting its core values, enhancing its security, and upholding its monetary principles. Here is how Linea amplify Ethereum:

• Productive ETH mechanics: On Linea, transactions will collect and burn ETH, directly reducing its supply, reinforcing its long-term value, and bolstering its position as a digital commodity. 20% of the net gas fees collected in ETH will be burned, while the remaining 80% will go toward burning LINEA tokens.
• A new model for capital efficiency: When ETH is bridged to Linea, it is automatically staked to deliver optimal risk-adjusted yields for liquidity providers, helping power and expand Linea’s DeFi ecosystem.

Outstanding of Linea

• 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’s Airdrop latest update

On July 30, 2025, Linea conducted a snapshot process, recording user activity to determine the list of wallets receiving rewards. Accordingly, the project also announced the criteria for receiving airdrops for users, based on the Linea Voyage (LXP) and Linea Surge (LXP-L) programs, classified into 7 levels (tiers) with multipliers, rewarding:

• Early mainnet users.
• Long-term active users.
• MetaMask product users (Swap, Bridge, Staking, Card).
• Builder community: 1% of the supply is reserved for strategic projects and applications in the ecosystem.

LINEA’S Tokenomics & Fundraising

Tokenomics

The tokenomics for $LINEA will be divided as follows:

Linea’s total token supply is 72,009,990,000 LINEA, which is 1,000 times the initial circulating supply of ETH. At TGE, approximately 22% of the total token supply (15.8B LINEA) will be circulating. 

Token allocation: 

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

Here is a breakdown of how Linea token allocation works:

• Early contributors: 10%.

Early users receive tokens from an allocation equal to 9% of token supply, to be airdropped and fully unlocked at TGE.

Alongside the user airdrop, 1% of the LINEA token supply is reserved for strategic builders across the Linea ecosystem, fully unlocked at TGE. This includes core applications and communities.

• Ecosystem Fund: 75% 

75% of LINEA’s supply is dedicated to the Ecosystem Fund - the largest in the space - which is managed by the Linea Consortium, a council of Ethereum-native stewards like ENS Labs, Eigen Labs, SharpLink, Status, and Consensys.

• Consensys Treasury: 15%

15% of the total token supply is allocated to the Consensys treasury. These tokens are subject to a five-year lockup and are non-transferable until the full vesting cliff expires.

Fundraising

Currently, Linea has not announced any official roadmap and team for the project. Whales Market will update immediately when the official Linea website announces.

Linea (LINEA) Listing Information

Here are important details revealed to LINEA:

• Listing time: TBA
• Confirmed CEX Listings: TBA
• Pre-market Price (Whales Market): $0.026

Usecase of LINEA token

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.

Linea Roadmap & Team

Roadmap

Linea aims to achieve its primary goal of becoming a Type 1 zkEVM by Q1 2026. Following that, by Q2 2026, performance is expected to reach 0.5 gGas/s, approximately 5,000 TPS, which would fulfill the objective to scale Ethereum, deliver a great user experience, and enable real-time proofs on Ethereum.

In the near term, the most important updates from Linea will be the implementation of the dual-burn mechanism and Native Yield.

Team

The project was founded and developed by the ConsenSys team, the blockchain company behind the 100 million+ user application - Metamask. The team include:

• Joseph Lubin: Founder, CEO
• Rob Dawson: CTO
• Chris McKibbin: COO
• Simon Morris: Chief Strategy Officer
• Cole D'Ambrosio: CFO

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.