LINEA token hits pre-market trading at $0.05 ahead of TGE
Linea’s token has entered pre-market trading across major exchanges, with early pricing setting its fully diluted valuation at around $3.6 billion ahead of its official TGE.
- Pre-market contracts live on Binance (5x), Bybit Alpha (10x), Hyperliquid (3x), and more.
- Trading at around $0.05, implying $3.6B FDV.
- Linea, a zkEVM rollup by ConsenSys built for scalable smart contracts, uses ETH as the exclusive gas token, while LINEA serves as an incentive and ecosystem funding mechanism.
The Linea (LINEA) token has officially entered pre-market trading, giving traders early access to the unlaunched asset ahead of its TGE. Pre-market contracts are now live on Binance with up to 5x leverage, Bybit Alpha offering up to 10x, Hyperliquid with 3x, and others, providing multiple avenues for early speculation on LINEA before its official release.
Binance market data shows LINEA trading at $0.052 in pre-market, marking a 34.64% drop from its $0.08 opening price. Based on this, LINEA’s pre-market valuation sits at roughly $3.6 billion FDV at the $0.05 level — positioning it below Arbitrum’s ~$5B but slightly above Optimism’s ~$3B, giving traders a clear benchmark for where the market is initially pricing the token among major L2s.
The exact date for the Linea TGE has not been announced, but the team has previously stated that airdrop criteria and event details will be shared at least a week in advance.
About Linea
Linea, developed by ConsenSys, is a zero-knowledge EVM rollup designed to provide scalable and efficient smart contract functionality. Unlike typical layer-2 networks, Linea has structured its tokenomics so that Etherem (ETH) serves as the exclusive gas token, while LINEA itself functions as an incentive and funding mechanism rather than for gas or governance. Of the total 72 billion LINEA tokens, 85% are earmarked for ecosystem growth, with the remaining 15% reserved for the ConsenSys treasury under a 5-year lockup. Early circulating supply was largely be distributed via airdrops and liquidity programs, with no tokens sold to investors or employees.
The project has been deliberately cautious in timing the token launch. According to Linea product head Declan Fox, the team waited for market conditions to improve following a prolonged bear market before proceeding with the TGE, emphasizing long-term ecosystem growth over immediate speculative gains.
