Linear Finance shuts down following Binance delisting of LINA, financial struggles

The Decentralized Linear Finance Decentnce Profession Protocol announced that it would cease operations, citing prolonged financial difficulties and the impact of the Binance to delimit its native token.

In a statement Shared on X, the linear financing team explained that despite years of development, their project has not generated lasting income.

The protocol experienced a brief profitability period after its launch 2019-2020 but had trouble in the following years.

The final blow came when Binance announced the radiation de Lina, as of March 28, 2025. This sparked a sharp 65% drop in the market capitalization of the token, reducing the remaining operational track of linear finance.

The project had been mainly funded by personal contributions from its founding and Token liquidations, an unsustainable model which finally led to the decision to complete the operations.

“Our team of operations will be in contact with clear deadlines and step by step instructions for users with active positions in our DAPPs,” said the ad.

‘Zero transparency’

Linear financing critical Binance’s decision, highlighting the recent introduction by the exchange of registration and the realization of community -oriented votes.

The team expressed his frustration about what he described as a lack of transparency, declaring“There was no vote, no warning and zero transparency” concerning the abolition of Lina and other tokens, including Aergo, Ast, Burger and Combo.

The Lina token has since had a significant drop, lowering 5% in the last 24 hours despite an increase of 30% in the volume of trade, indicating an increased market activity.

The cessation of linear finance follows recent disorders in the space of decentralized exchange, including the forced hyperliquidal Radiation of jelly After a liquidity crisis.

The linear financing team thanked its community and its partners, declaring: “We deeply appreciate your belief in the vision of linear finance and wish you any success in the future.”