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What is Linear?
Linear Finance is a decentralised protocol specialising in unlimited liquidity, delta one synthetic assets. Delta one synthetic assets are essentially price trackers; they provide exposure to an underlying asset, like an exchange-traded fund (ETF), without actually owning the asset. On the Linear platform, users can mint synthetic assets that mimic the price of real-world assets like commodities, market funds and bonds. These synthetic assets are known as "Liquids". The purpose of using synthetic assets is to avoid the high gas fees and slow speeds that have plagued many cryptocurrency platforms. Though Linear Finance is Ethereum-based, it is cross-chain compatible, meaning it can integrate with other decentralised finance (DeFi) projects. LINA is an ERC-20 token native to the Linear network. Because Linear Finance is decentralised, its governance is determined by token holders voting on proposals regarding dApp development, synthetic asset listings and more. LINA tokens are also used for minting new synthetic assets (being held as collateral) and can also be staked or contributed to liquidity pools.
Linear (LINA) is the 573rd largest cryptocurrency in the world by market cap, valued at $32,847,363. The current price of Linear is $0.0132626135, which is 3.896% higher than yesterday. Prices have ranged between $0.014096581 and $0.0122420165 over the past 24 hours. All prices are listed in Australian dollars (unless otherwise noted) and accurate as of May 16, 2022 02:05 UTC.
Linear (LINA) price
Use our graph to track the performance of (LINA) over time.Linear at a glance
Coin symbol | LINA |
---|---|
Coin Marketcap | AUD$32,847,363 |
Total LINA supply | 10,000,000,000 |
Circulating LINA | 3,602,540,682 |
Current price | AUD$0.0132626135 |
All time high | AUD$0.638 |
All time high date | March 18, 2021 |
Linear price performance over time
Historical prices compared with the price of $0.0132626135.
1 hour | -0.79% |
---|---|
24 hours | 3.90% |
7 days | -43.43% |
14 days | -51.37% |
30 days | -57.34% |
---|---|
60 days | -56.82% |
200 days | -79.36% |
1 year | -87.45% |
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Disclaimer: Cryptocurrencies, including Linear, are speculative, complex and involve significant risks – they are highly volatile and sensitive to secondary activity. Performance is unpredictable and past performance of LINA is no guarantee of future performance. Consider your own circumstances, and obtain your own advice, before relying on this information. You should also verify the nature of any product or service (including its legal status and relevant regulatory requirements) and consult the relevant Regulators' websites before making any decision. Finder, or the author, may have holdings in the Linear or any other cryptocurrency discussed.
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