Dear CoinEx Users,
Pre-token Trading is an innovative service that enables pre-minting (creating), trading, and delivering PreTokens by staking assets. CoinEx Pre-Token Trading will launch PRE_LINEA (PRE_LINEA) on Aug 29, 2025. Details are as follows:
New PreToken
1. Name: PRE_LINEA
2. Time: 09:00, Aug 29, 2025 (UTC)
3. Services: Pre-minting, Spot Trading
Access
1. Web: Navigation Bar - Spot - Pre-Token Trading
2. App: CoinEx App Homepage - More - Pre-Token Trading
About PRE_LINEA
Linea is a Layer 2 scaling solution built on Ethereum, offering an Ethereum bytecode-equivalent zkEVM environment to enable fast, low-cost transactions and seamless deployment of existing Ethereum applications. It leverages zero-knowledge proof technology to reduce gas fees significantly and improve scalability. Linea focuses on reinforcing Ethereum through an ecosystem-aligned tokenomics model that burns ETH and LINEA tokens to support long-term development, rewarding real network usage, and funding public goods. Decentralized governance is managed by the Linea Consortium, emphasizing sustainability and community trust.
PRE_LINEA is a PreToken under Pre-Token Trading for predicting the spot price of LINEA, which will fluctuate based on market expectations of LINEA's price movements following its listing on the Spot market. By pre-minting and trading PRE_LINEA, users can predict the price movements of LINEA following its listing on the spot market. The trading price of PRE_LINEA does not directly affect the price of LINEA, both are a reflection of market expectations.
About LINEA
1. Total Supply: 72,009,990,000
2. Team Introduction:
Nicolas Liochon
- Nicolas Liochon is the head of Linea, previously head of applied research at Consensys and director of platform and architecture at Thomson Reuters.
Declan Fox
- Declan Fox is the Head of Product at Linea and a graduate of Cardiff University.
3. Token Distribution:
- EARLY CONTRIBUTORS: 10%
- ECOSYSTEM FUND: 75%
- CONSENSYS TREASURY: 15% (5-year lockup)
How to Participate
1. If you assume the LINEA spot price may go up after its listing on the Spot market, you can purchase PreTokens in the trading market and LINEA until delivery, at which time the delivery rule is only applicable to position delivery.
- Final Profit = Position delivery amount* - Purchase cost
Position delivery amount = Held quantity * Delivery price - Delivery fee
2. If you assume the LINEA spot price may go down after its listing on the Spot market, you may need to first pre-mint PreTokens, sell them in the trading market, and wait for delivery. In this case, your PreTokens will apply to both position delivery and pre-minting delivery.
- Final Profit = Pre-minting delivery amount* + Position delivery amount* + Revenue from selling - Collateral cost
Pre-minting delivery amount = Staked amount - Final pre-minted quantity * Delivery price - Delivery fee
Position delivery amount = Held quantity * Delivery price - Delivery fee
Please note that the price of PRE_LINEA is a reflection of market expectations and can be highly volatile. Please carefully evaluate your risk tolerance before participating.
PreToken Info
1. Name: PRE_LINEA
2. Ticker: PRE_LINEA
3. Pre-minting time: 09:00 Aug 29, 2025 (UTC)
4. Pre-minting price: 0.21 USDT
Trading Info
1. Trading Start: 09:30 Aug 29, 2025 (UTC)
2. Trading Pair: PRE_LINEA/USDT
3. Opening Method: Call Auction
(1) Call Auction
09:30 - 09:50, Aug 29, 2025 (UTC): Orders can be placed and canceled
09:50 - 10:00, Aug 29, 2025 (UTC): Orders can be placed but not canceled
(2) Trading
10:00 Aug 29, 2025 (UTC): Trading available
AMM: PRE_LINEA supports AMM, allowing any CoinEx user to become a market maker by providing liquidity and earn 50% of trading fees of the market, calculated on a daily basis. Learn more about AMM >>
Delivery Info
1. Delivery time: The delivery will occur 4 hours after LINEA is listed on the spot market. The delivery schedule may be adjusted if there are any changes to the listing time.
2. Delivery price: The delivery price is determined by calculating the average of 1-min candlestick closing price during the hour before delivery. CoinEx may adjust the final delivery price if any market manipulation is detected during the price calculation period. If the delivery price is calculated higher than 0.21 USDT, the delivery is capped at 0.21 USDT.
Fees
1. Redeeming Fee: 2%
2. Delivery Fee: 1%
3. Trading Fee: 0.3%
More Info
Risk Warning
Please ensure you fully understand the rules and the project of Pre-Token Trading before participating. Pre-Token Trading is highly speculative with significant price volatility and investment risks. We encourage you to make informed investment decisions based on your understanding of cryptocurrency and careful assessment of your investment capacity.
CoinEx Team
Aug 29, 2025