Linear Finance Closes Operations After Binance Removes LINA, Facing Financial Challenges

The decentralized finance protocol, Linear Finance, has declared that it will discontinue operations, pointing to ongoing financial hardships and the aftermath of Binance delisting its native token.

In a declaration distributed on X, the Linear Finance team elucidated that despite many years of advancement, their endeavor was unable to produce consistent revenue.

The protocol encountered a brief phase of profitability following its launch in 2019-2020, but encountered challenges in the subsequent years.

The decisive factor emerged when Binance revealed the delisting of LINA, effective March 28, 2025. This announcement instigated a severe 65% plummet in the token’s market capitalization, diminishing Linear Finance’s residual operational timeframe.

The initiative had primarily been funded through personal investments from its founder and token liquidations, an unfeasible model that ultimately contributed to the decision to terminate operations.

“Our Operations Team will soon contact users with active positions across our dApps, providing clear timelines and detailed instructions,” the declaration stated.

‘No transparency at all’

Linear Finance denounced Binance’s decision, emphasizing the exchange’s latest implementation of community-led listing and delisting ballots.

The team conveyed dissatisfaction over what they characterized as a lack of transparency, asserting, “There was no ballot, no advance notice, and zero transparency” concerning the removal of LINA and other tokens, such as AERGO, AST, BURGER, and COMBO.

Linear Finance Reacts to Binance's LINA Delisting

Today, the Linear Finance team was completely taken aback by Binance’s choice to delist LINA, effective March 28th. Like many others, we first became aware of this development via an official blog post, without any prior warning or…

Since then, the LINA token has undergone a considerable decrease, dropping 5% within the past 24 hours despite a 30% increase in trading volume, indicating elevated market engagement.

Linear Finance’s discontinuation ensues recent upheaval in the decentralized exchange sector, including Hyperliquid’s enforced delisting of JELLY due to a liquidity crisis.

The Linear Finance team expressed gratitude towards its community and associates, stating, “We are deeply grateful for your faith in the Linear Finance vision and wish you every success in the future.”