Total Value Locked$23.62m
TVL by Chain
Ethereum$21.79m
Etherlink$1.45m
Monad$256,252
Plasma$55,916
Hemi$33,071
Arbitrum$18,562
OP Mainnet$11,498
Somnia$9,445
Lisk$575.95
Sonic$561.65
BSC$4.58
Key Metrics
Fees 30d$5,784
Fees 30d by chain
Monad$3,081
Ethereum$2,705
Arbitrum$0
BSC$0
Hemi$0
Lisk$0
OP Mainnet$0
Sonic$0
Fees 7d$1,356
Monad$721
Ethereum$635.76
Arbitrum$0
BSC$0
Hemi$0
Lisk$0
OP Mainnet$0
Sonic$0
Fees 24h$195
Monad$98.48
Ethereum$96.42
Arbitrum$0
BSC$0
Hemi$0
Lisk$0
OP Mainnet$0
Sonic$0
Cumulative Fees$22.79m
Ethereum$22.39m
Monad$213,739
Arbitrum$179,781
OP Mainnet$23,015
Lisk$3,586
Sonic$295
Hemi$87
BSC$4
Revenue 30d$1,140
Revenue 30d by chain
Monad$1,060
Ethereum$79.20
Arbitrum$0
BSC$0
Hemi$0
Lisk$0
OP Mainnet$0
Sonic$0
Revenue 7d$20
Ethereum$18.21
Monad$1.82
Arbitrum$0
BSC$0
Hemi$0
Lisk$0
OP Mainnet$0
Sonic$0
Revenue 24h$5.75
Ethereum$5.51
Monad$0.25
Arbitrum$0
BSC$0
Hemi$0
Lisk$0
OP Mainnet$0
Sonic$0
Cumulative Revenue$4.72m
Ethereum$4.63m
Arbitrum$46,693
Monad$35,442
OP Mainnet$4,675
Lisk$586
Sonic$77
Hemi$14
BSC$4
Holders Revenue 30d$0
Holders Revenue 30d by chain
Arbitrum$0
BSC$0
Ethereum$0
Hemi$0
Lisk$0
Monad$0
OP Mainnet$0
Sonic$0
Holders Revenue 7d$0
Arbitrum$0
BSC$0
Ethereum$0
Hemi$0
Lisk$0
Monad$0
OP Mainnet$0
Sonic$0
Holders Revenue 24h$0
Arbitrum$0
BSC$0
Ethereum$0
Hemi$0
Lisk$0
Monad$0
OP Mainnet$0
Sonic$0
Cumulative Holders Revenue$0
Arbitrum$0
BSC$0
Ethereum$0
Hemi$0
Lisk$0
Monad$0
OP Mainnet$0
Sonic$0
Incentives 1y$0
$0
$0
$0
$0
Earnings (Annualized)$248,200
$1,140
$20
$5.75
$4.72m
Market Cap$6.38m
$GEAR Price$0.00064
$6.38m
$6.28m
$GEAR Volume 24h$8,400
CEX Volume$0
DEX Volume$8,394(99.93% of total)
Active Loans$14.13m
Treasury$2.66m
$758,739
Stablecoins$2,417
Own Tokens$1.9m
Others$6,245
Total Raised$8.04m
May 1, 2021$2.3mRound: PrivateInvestors: Variant Fund, 1kx, Lido Finance, P2P Capital, Focus Labs, E Girl Capital, Igor Barinov, Stani Kulechov, Anton Bukov, Sergej Kunz, LAUNCHub Ventures, Fiskantes, Zee Prime, Darren Lau, Daryl Lau, Degenscore, Sergey Blyudov, Elias Simos, Santiago Roel Santos, Larry Cermak, Encode Club
Aug 31, 2022$4.15mRound: DAO roundInvestors: Placeholder, Zee Prime, LedgerPrime, Polymorphic Capital, GCR
Sep 22, 2022$1.59mRound: DAO round
Annual Operational Expenses$893,760
Headcount13
Risk$132,000
Salaries$761,760
Sourceshttps://gearboxprotocol.notion.site/Monthly-Reports-6849871a9bae44dfb903531c0a997e8f
Last UpdateApr 29, 2023
Protocol Information
Gearbox Protocol is building a permissionless credit layer. Designed for seamless wallet integrations, reimagining traditional lending. So you can lend, borrow, or 10x leverage - directly inside your favorite wallets in one click.
Audits:
Methodology
TVL: Retrieves the tokens in each Gearbox pool & value of all Credit Accounts (V1/V2/V3) denominated in the underlying token.View code on GitHubFees: Include borrow interest, performance profit & loss and liquidation fee paid by borrowers.View code on GitHubRevenue: Amount of fees go to Gearbox treasury.View code on GitHubHolders Revenue: No revenue share to GEAR token holders.View code on GitHubIncentives: Tokens allocated to users through liquidity mining or incentive schemes, typically as part of governance or reward mechanisms.
Earnings: Revenue of the protocol minus the incentives distributed to users
Treasury: Value of tokens owned by the protocolYields
Pools Tracked11
Average Supply APY3%
Competitors
Frequently Asked Questions
What is Gearbox's TVL?
Gearbox currently has $23.62m in total value locked. TVL has increased 6.3% over the past 30 days.
What chains does Gearbox operate on?
Gearbox operates on 11 chains: Ethereum, Etherlink, Monad, Plasma, and Hemi and 6 others. Ethereum holds the largest share at 92.2%.
How much has Gearbox generated in fees and revenue?
Over the past 30 days, Gearbox generated $5,784 in fees. Of that, $1,140 was protocol revenue. Based on the trailing year, the annualized rate is $765,083 in fees and $248,200 in revenue.
What is the GEAR token price and valuation?
GEAR is currently trading at $0.00064. Its circulating market capitalization is $6.38m, ranking it #1,863. Its fully diluted valuation is $6.38m. Supply currently stands at 10b circulating, 10b total supply, 10b maximum supply.
How has GEAR performed recently?
GEAR is down 2.3% over the past 7 days and up 74.4% over the past 30 days. Its all-time high is $0.037, reached on Apr 11, 2024. The token is currently 98.3% below that level.
How does Gearbox's TVL compare to similar protocols?
Among Lending protocols tracked by DefiLlama, Gearbox ranks #49 by TVL. The category holds $53.077b across 519 protocols, and Gearbox accounts for <0.1% of that total. Other leading protocols include Morpho Blue, Aave V3, Euler V2, Sumer.money, Ajna V2, Venus Core Pool, Unitus, Folks Finance xChain, OmniBTC, and Avalon Finance.
How much has been borrowed through Gearbox?
Gearbox currently has $14.13m in active loans.
Does Gearbox have a treasury?
Gearbox has a tracked treasury currently valued at $2.66m. Its holdings include $2,417 in stablecoins, $758,739 in major assets, $1.9m in its own tokens, $6,245 in other assets.

