Linear Finance shuts down: LINA price plunges 20% amid uncertainty
Portfolio Pulse from
DeFi project Linear Finance has ceased operations due to financial challenges, exacerbated by Binance's delisting of its native LINA token. The project, launched in 2019 for synthetic asset trading, struggled to generate sustainable returns and relied on token liquidations for funding. The shutdown has caused LINA's price to plummet over 20%.
March 27, 2025 | 5:45 pm
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LINA token experiences significant price decline after Linear Finance announces complete operational cessation, with token value dropping over 20% and weekly losses extending to 72%.
Operational shutdown, Binance delisting, and loss of market confidence directly impact LINA's price, signaling a bearish short-term outlook.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100