Linear Finance (Announcements)

Final Closure Notice All Linear services are now officially closed, except for: Bridge Open until 24th April 2024 https://linear-bridge-o6kp.4everland.app Burn & Unstake Open indefinitely https://linear-burner-lggp.4everland.app PerpDEX Log in here to exit trades/funds https://pro.woofi.com/en/trade/ETH_PERP https://x.com/LinearFinance/status/1907402904874447312

Final Closure Notice – Linear Finance All Linear services are now officially closed. However, to assist users in exiting the protocol, two dApps remain active: Bridge Open until 24th April 2024 https://linear-bridge-o6kp.4everland.app/ Burn & Unstake Open indefinitely https://linear-burner-lggp.4everland.app/ https://x.com/LinearFinance/status/1907402904874447312 PerpDEX Users: If you still have funds on Linear’s PerpDEX, you can connect and withdraw via any other DEX in the Orderly Network using your existing login. Alternatively contact Orderly for support. https://pro.woofi.com/en/trade/ETH_PERP Thank you for being part of the journey.

Closure Notice – Operations Update To our valued community, It is with much regret that the Linear Operations Team now write to advise you to leave the project. Many of us have worked alongside you for nearly five years, and we share in the disappointment this brings. While this outcome was not what anyone hoped for, we remain committed to supporting all users during this transition, within the boundaries of the instructions provided by the project’s owners and investors. Below you’ll find the essential details to help you safely exit your positions, along with the key dates to be aware of. If you need assistance, support remains available until the closure date—primarily via our Telegram group, and secondarily on Discord. Exit Your Positions We strongly recommend that all users exit their positions as soon as possible. Liquidity will become increasingly limited over time. Additionally, once Binance completes the delisting of the LINA token, market access may be further reduced. Shutdown Timeline Final Closure: Weds, 2 April 2025 at 12:00 PM UTC At this time, the Linear suite of dApps will go offline, except for a Burn and Unstake Portal, which will remain available to: - Unstake tokens from staking and exit - Burn LUSD, if necessary, to clear debt and enable unstaking Immediate Actions to Take Locked Staking Rewards All remaining locked and vesting rewards (originally scheduled to vest over the next 12 months) have been moved to your staked balance. These can now be unstaked and withdrawn, subject to your debt position. Builder Repay any outstanding Builder debt and unstake any collateral (LINA or other tokens). Synthetic Exchange Remaining liquid assets should be converted to LUSD via the Synthetic Exchange, and then sold on PancakeSwap. Terminal prices for all liquid assets have already been applied. Only conversions into LUSD are now supported. Bridge The ETH/BSC and BSC/ETH bridges for LINA and LUSD will close permanently at shutdown. No cross-chain transfers will be possible after this point. Liquidator The Liquidator has already been switched off Marketplace The Marketplace has already been closed. No active listings remain, aside from those previously managed by the team. PerpDEX The PerpDEX will be shut down at the closure time. All users must exit positions and withdraw funds well in advance to avoid potential loss. Community Channels Telegram and Discord will remain open until the shutdown date, after which the chat functionality will be disabled. Thank you for being part of the Linear Finance journey. We are here to support you during this final phase. Please remain respectful to all team members throughout this process. Sincerely, The Linear Operations Team

Notice of Closure After careful consideration, Linear Finance has made the difficult decision to cease operations. Despite our ongoing efforts to innovate and build throughout the years, the project has struggled to generate sustainable returns. Outside of a brief period of profitability during our initial launch in 2019/20, Linear Finance has faced increasing financial challenges. The project has been funded through a combination of personal contributions from the project owner and token liquidations. Unfortunately, this model is no longer viable. The recent decision by Binance to delist the LINA token accelerated these challenges, resulting in a 65% reduction in market capitalization and a significant loss of the remaining operational runway. As a result, the project’s key stakeholders have made the collective decision to wind down and have already exited their positions. Our Operations Team will be in touch shortly with clear timelines and step-by-step instructions for users with active positions across our dApps. To our community, supporters, and partners — thank you for being a part of our journey. We deeply appreciate your belief in the vision of Linear Finance and wish you every success in the future. Sincerely, The Linear Finance

Linear Finance Responds to Binance's LINA Delisting Today, we at Linear Finance were caught completely off guard by Binance’s decision to delist LINA effective March 28th. Like many others, we first learned of this development via an official blog post, with no prior warning or heads-up. Binance, with whom we've been in active discussion, confirmed that the decision was made at the highest levels. For a project that prides itself on development and innovation specially in these last quarters, this approach is deeply disappointing. Yet the reality remains: a significant portion of Linear Finance’s trading volume is generated on a variety of platforms. LINA is actively traded on Bitget, Mexc, Kucoin, http://Gate.io, HTX, and many other exchanges, and you can also access our perpetual contracts on Kraken, Phemex, and more. This incident, instead of derailing our plans, only reinforces our commitment to innovation and resilience. We remain steadfast in our mission to expand and improve our ecosystem and continue with our roadmap, ensuring that Linear Finance continues to grow and evolve regardless of a particular exchange decision. Moreover, we will remain focused upon our new AI-focused roadmap, which will drive the next phase.

New Chain Integration! The Linear PerpDEX now supports trading on Berachain! Both the Network and your trading opportunities are only expanding. Trade leveraged with maximum flexibility: https://perpdex.linear.finance/ $LINA https://x.com/LinearFinance/status/1902782477158014993

Official Binance Square Account The Linear team are proud to announce we have an official @binance Square account! https://www.binance.com/en/square/profile/LinearFinance We’ll be using this to extend the reach of our updates and we look forward to engaging with the community on a deeper level. $LINA https://x.com/linearfinance/status/1902745326655553800?s=46

We're offering users another chance to win on the Linear PerpDEX! Trading competition inbound, win up to $1000 using our platform! Trading the highest volume on the Linear PerpDEX from 20th March 2025 - 27th March 2025 will net you top prize! Prizes 🏆: 1.) $1,000 2.) $350 3.) $150 It's effortlessly simple, trade big, win. Why not take advantage of fee rebates with our referral system and fee reductions with our loyalty system while you're here: 👉: https://perpdex.linear.finance/ https://x.com/LinearFinance/status/1902372483417694323

New Listing Announcement GoPlusSecurity now available to trade on the Linear PerpDEX! - Symbol: $GPS - Leverage: 10x - Trading Open : Now Available Don't miss the opportunity to trade it here: https://perpdex.linear.finance/ https://x.com/LinearFinance/status/1902032013021892630

Winners Awarded! We want to thank all who participated and rewards have been now been distributed! We'll have more incentivized participation coming so don't miss your chance on the Linear PerpDEX! $LINA https://x.com/LinearFinance/status/1901933431333798323

Data Errors Good Morning Linear Community Please be aware that there is currently an error in our SubGraphs causing data problems throughout the protocol - including the liquidation UI. Our Devs are on the case and we expect a relatively quick fix. Thanks

Linear Finance is Evolving. Our focus is on the future—scaling the PerpDEX and integrating AI to deliver smarter, data-driven trading tools. Real-time insights, automated execution, and deep analytics to help traders stay ahead. To make this possible, we’ve made the difficult decision to sunset the Synthetic DEX & Builder Protocol. These products were the foundation of #Linear, and we know they’ve been valuable to many of you. This transition won’t be rushed—users will be supported all the way, and a new staking portal is in development. To our long-term supporters: thank you. Your trust has brought us here, and we’re building something even bigger together. Read more about the next chapter: https://linear-finance.medium.com/linear-finance-2025-and-beyond-a7010b4358d8 https://x.com/LinearFinance/status/1901593243428556813

New Listing Notice Another new asset's popped itself onto the network! bubblemaps with their recent TGE is available to trade on the Linear PerpDEX: - Symbol: $BMT - Leverage: 10x - Trading Open now Trade it here: https://perpdex.linear.finance/ $LINA https://x.com/LinearFinance/status/1900195256403910748

Liquidation Update – We wanted to address something that’s come to our attention. It appears that a community member may be using a bot to liquidate specific higher value users directly at the contract level, bypassing the UI. Before any further concerns arise about team intervention, I want to clarify our stance in advance. These contracts are open for everyone to use as they see fit. If someone has the skills, time, and resources to build a faster bot, they are free to do so. Unfortunately, we can’t selectively decide who gets to use the function or how—it simply wouldn’t be fair. We appreciate your understanding!

X Spaces Linear Explorers Special Edition! We're immensely excited to invite investor, KOL, and entrepeneur TedPillows to join us on a special edition of Linear Explorers. Catch it live on March 14th at 11AM CET, hosted by our Business Developer Krenshaw and Product Lead Jason Join us for unique insights into the ecosystem, discussing all things Crypto, DeFi and more! https://x.com/i/spaces/1MYxNwvQmrNKw https://x.com/LinearFinance/status/1899856667870642205

Sub 115 P-Ratio Liquidations We have found a number of Builder accounts with ratios that have dropped below 115 due to the extreme market conditions over the last couple of months. These accounts do not have sufficient collateral to pay the liquidator and therefore do not appear in the Liquidator User Interface. They are not profitable for community members to attend to, therefore Linear will be attending to these accounts over the next few days. Please be assured that all accounts marked for liquidation that are above 115 will be left for the community to attend. Thanks - Linear Team

We would like to thank all who participated! Winners will be announced and rewards distributed by March 21st! We'll have more opportunities coming to the linear PerpDEX in the near future so don't miss out! $LINA https://x.com/LinearFinance/status/1899506532108100093

Emergency Listing Notice Another listing stirring up the network! Freshly brewed: - Symbol: $ELX - Leverage: 5x - Trading open: Now? Get trading it here on the Linear PerpDEX: https://perpdex.linear.finance/ https://x.com/LinearFinance/status/1898020444780789868

Emergency Listing Notice @redstone_defi is listing perpetual on the network! - Symbol: $RED - Leverage up to 5x - Trading open time: Today (after 13:00) UTC Trade it on the Linear PerpDEX: 👉https://perpdex.linear.finance

Less than 48 Hours to qualify! Win your share of $1,500 on the #Linear PerpDEX! Trade here: https://perpdex.linear.finance/ $LINA https://x.com/LinearFinance/status/1897306270421622980