Linea (LINEA): how it works, supply and reviews
In short
- Type
- zkEVM layer 2 (Ethereum rollup), EVM-equivalent (Type 2 zkEVM)
- Maximum supply
- Genesis supply of 72,009,990,000 LINEA, which is also the maximum supply; burns reduce it
- Risks and caveats
- Linea's sequencer and prover are run centrally by the Linea team; the sequencer can delay or reorder transactions.
- Checked
- 31 October 2026
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Key facts
- Ticker
- LINEA
- Official site
- linea.build
Key facts checked on 31 October 2026 against official sources.
What is Linea
Linea is a zkEVM layer-2 rollup on Ethereum built by Consensys. Gas is paid in ETH; the LINEA token has no governance rights and is distributed to users and the ecosystem, and surplus network revenue is burned as ETH and LINEA.
Network and consensus
| Parameter | Details |
|---|---|
| Type | zkEVM layer 2 (Ethereum rollup), EVM-equivalent (Type 2 zkEVM) |
| Proving | Lattice-based zk-SNARKs; validity proofs cover 100% of EVM opcodes and precompiles |
| Chain ID | Linea mainnet chain ID 59144; Sepolia testnet 59141 |
| Sequencer | Sequencer, prover and Security Council are centralised components run by the Linea team during Mainnet Beta; the sequencer can delay and reorder transactions |
| Smart contracts | Contracts compiled for Ethereum mainnet run on Linea without modification |
| Launched | Linea Mainnet has run since July 2023 |
Supply and issuance
| Parameter | Details |
|---|---|
| Maximum supply | Genesis supply of 72,009,990,000 LINEA, which is also the maximum supply; burns reduce it |
| Initial distribution | 85% to the ecosystem (75% Ecosystem Fund, 10% early contributors), 15% Consensys treasury locked for five years |
| Unlocks | 22% of supply circulated at the token generation event; the 75% Ecosystem Fund unlocks over 10 years |
| Fee burn | After infrastructure costs, 20% of surplus revenue is burned as ETH and 80% is converted to LINEA and burned on Ethereum |
| Insider allocation | No allocation to private investors, insiders or team members apart from the locked Consensys treasury |
What LINEA is used for
- Distributed to users as rewards for using apps and protocols on Linea
- Bought back and burned with 80% of surplus network revenue
- Not needed for gas (paid in ETH) and carries no governance rights
Who develops and governs Linea
- Developer
- Built by Consensys
- Foundation
- The Linea Consortium, set up in 2025 with people from Consensys, ENS, Eigen Labs, SharpLink and Status, manages the Ecosystem Fund
- Upgrade keys
- A nine-member Security Council can pause and upgrade Linea Mainnet Beta immediately with 5 signatures
- Open source
- The rollup stack was contributed to Linux Foundation Decentralized Trust in 2026 as the incubating project Lineth
- Head
- Declan Fox of Consensys is Head of Linea and a founding member
History
| Date | Event |
|---|---|
| July 2023 | Linea Mainnet starts operating. |
| 2025 | The Linea Consortium is established and the LINEA token generation event rewards about 750,000 wallets. |
| 11 September 2025 | The dual ETH and LINEA burn starts being tracked. |
| 5 May 2026 | The Linea Stack joins Linux Foundation Decentralized Trust as Lineth. |
Security and audits
- Linea says it has had external audits by Consensys Diligence, OpenZeppelin and Cyfrin, and runs a bug bounty on Immunefi.
- Linea calls its mainnet a Beta version and warns of possible slowdowns or outages without notice.
Security incidents
| Date | What happened | Source |
|---|---|---|
| 2 June 2024 | Network halt: After an exploit of the third-party Velocore DEX, Linea halted its sequencer (paused from block 5081800 to 5081801) to stop more stolen funds bridging out; Linea says the network remained secure and only a third-party dapp was affected. | x.com |
Further incidents are reported by third parties (press, incident databases) but are not confirmed in the company’s own channels, so they are not listed here.
Official LINEA contracts
| Network | Contract address |
|---|---|
| Linea and Ethereum | 0x1789e0043623282D5DCc7F213d703C6D8BAfBB04 |
The same LINEA token address is used on Linea Mainnet and Ethereum Mainnet; total supply is tracked on Ethereum.
Risks and caveats
- Linea's sequencer and prover are run centrally by the Linea team; the sequencer can delay or reorder transactions.
- A nine-member Security Council can upgrade the network immediately with 5 signatures; Linea says collusion could lead to loss of funds.
- A level of trust is still placed on the Linea operator not to alter the state of the system maliciously.
Official links
- Website: linea.build
- Docs: docs.linea.build
- Block explorer: lineascan.build
- Blog: linea.build/blog
- Governance forum: community.linea.build
- Source code: github.com/LFDT-Lineth/lineth-monorepo
Questions and answers
What is Linea?
Linea is an EVM-equivalent zkEVM layer-2 rollup on Ethereum, built by Consensys and running since July 2023.
Who created Linea?
Consensys builds Linea; the Linea Consortium manages the LINEA Ecosystem Fund.
What is the maximum supply of LINEA?
72,009,990,000 LINEA, the genesis supply; burns from surplus network revenue reduce it.
Do I need LINEA to use Linea?
No. Gas is paid in ETH, and LINEA carries no governance rights.
Is Linea decentralised?
Not yet: Linea says the sequencer, prover and Security Council are centralised components during Mainnet Beta.
Sources
- Linea — Home
- Linea Docs — Documentation index (llms.txt)
- Linea Docs — Tokenomics
- Linea Docs — Risk disclosures
- Linea Docs — Sequencer
- Linea Docs — Release notes
- Linea Blog — Meet the Linea Consortium
- Linea Blog — 2025 launched a new era for Linea and L2s
- Linea Blog — Linea Stack joins LF Decentralized Trust as Lineth
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