Linea
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Linea is a Layer 2 scaling network built on top of Ethereum, designed to process transactions faster and at lower cost than Ethereum's base layer while inheriting its security. It positions itself as infrastructure for developers and users who want Ethereum-compatible applications without the higher fees and slower throughput of transacting directly on Ethereum mainnet. The project is developed within the Consensys portfolio and uses zero-knowledge proof technology as its core technical approach.
Linea settles transactions on Ethereum mainnet using zero-knowledge proofs, meaning batches of Linea transactions are compressed into a cryptographic proof and posted to Ethereum, which verifies them without re-executing every step. The network processes blocks with a block time of effectively zero minutes as stored, indicating near-instant block production. The LINEA token exists within this system, and with a take rate of 100% over the trailing 30 days, all fees collected flow to the protocol rather than being distributed to a separate class of liquidity or supply-side participants.
Fees on Linea are paid by users in exchange for having their transactions processed and settled; on the most recent full day recorded (2026-08-29), the network collected 938 USD in fees, and over the trailing 30 days it collected 42,361 USD, with that 30-day figure annualizing to approximately 515,392 USD. Revenue equals fees in full, since the take rate for the trailing 30 days is 100% and supply-side revenue for that same period is 0 USD, meaning no portion is redistributed to external parties such as liquidity providers or validators. Fee and revenue growth over the last 30 days was negative 17.72%, indicating the annualized figures have been shrinking in that window. The market-cap-to-fees ratio of approximately 119 and the fully-diluted-valuation-to-fees ratio of approximately 348 both reflect the relationship between the network's current scale of fee generation and its token valuations.
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