Total Value Locked$18.54m
TVL by Chain
Ethereum$16.3m
Etherlink$1.47m
Monad$646,813.75
Plasma$62,980.19
Hemi$26,014.7
Arbitrum$20,075.3
Somnia$15,091.07
OP Mainnet$9,337.2
Lisk$1,015.7
Sonic$317.29
BSC$3.74
Key Metrics
Fees (Annualized)$1.54m
Fees 30d$11,304
Monad$5,739
Ethereum$5,566.03
Arbitrum$0
BSC$0
Hemi$0
Lisk$0
OP Mainnet$0
Sonic$0
Fees 7d$2,172
Monad$1,571
Ethereum$600.03
Arbitrum$0
BSC$0
Hemi$0
Lisk$0
OP Mainnet$0
Sonic$0
Fees 24h$488
Monad$381
Ethereum$108
Arbitrum$0
BSC$0
Hemi$0
Lisk$0
OP Mainnet$0
Sonic$0
Cumulative Fees$22.79m
Ethereum$22.38m
Monad$200,880
Arbitrum$179,781
OP Mainnet$23,015
Lisk$3,586
Sonic$295
Hemi$87
BSC$4
Revenue (Annualized)$394,949
Revenue 30d$1,788
Ethereum$1,509.21
Monad$254
Arbitrum$0
BSC$0
Hemi$0
Lisk$0
OP Mainnet$0
Sonic$0
Revenue 7d$192
Monad$183
Ethereum$3.21
Arbitrum$0
BSC$0
Hemi$0
Lisk$0
OP Mainnet$0
Sonic$0
Revenue 24h$195
Monad$183
Ethereum$11.2
Arbitrum$0
BSC$0
Hemi$0
Lisk$0
OP Mainnet$0
Sonic$0
Cumulative Revenue$4.71m
Ethereum$4.63m
Arbitrum$46,693
Monad$30,895
OP Mainnet$4,675
Lisk$586
Sonic$77
Hemi$14
BSC$4
Holders Revenue (30d Run Rate)$0
Holders Revenue 30d$0
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)$394,949
$1,788
$192
$195
$4.71m
Market Cap$4.1m
$GEAR Price$0.00041
$4.1m
$4.04m
$GEAR Volume 24h$2,921.65
CEX Volume$0
DEX Volume$4,801.46(164.34% of total)
Active Loans$10.21m
$GEAR Liquidity$2.99m
Curve DEX$2.99m
Treasury$2.14m
$666,945.72
Stablecoins$23,506.33
Own Tokens$1.25m
Others$199,787.85
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.
Category:Lending
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 Tracked12
Average Supply APY2.28%
Competitors
Frequently Asked Questions
What is Gearbox?
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.
What is Gearbox's TVL?
Gearbox currently has $18.54m in total value locked. TVL has increased 11.6% over the past 30 days.
What chains does Gearbox operate on?
Gearbox operates on 11 chains: Somnia, OP Mainnet, Lisk, Hemi, and Arbitrum and 6 others. Ethereum holds the largest share at 87.9%.
How much has Gearbox generated in fees and revenue?
Over the past 30 days, Gearbox generated $11,304 in fees. Of that, $1,788 was protocol revenue. Based on the trailing year, the annualized rate is $1.54m in fees and $394,949 in revenue.
What is the GEAR token price and valuation?
GEAR is currently trading at $0.00041. Its circulating market capitalization is $4.1m, ranking it #2,062. Its fully diluted valuation is $4.1m. Supply currently stands at 10b circulating, 10b total supply, 10b maximum supply.
How has GEAR performed recently?
GEAR is down 10.7% over the past 7 days and up 3.8% over the past 30 days. Its all-time high is $0.037, reached on Apr 12, 2024. The token is currently 98.9% below that level.
How does Gearbox's TVL compare to similar protocols?
Among Lending protocols tracked by DefiLlama, Gearbox ranks #47 by TVL. The category holds $40.375b across 464 protocols, and Gearbox accounts for <0.1% of that total. Other leading protocols include Aave, Morpho, and Spark.
How much has been borrowed through Gearbox?
Gearbox currently has $10.21m in active loans.
Does Gearbox have a treasury?
Gearbox has a tracked treasury currently valued at $2.14m. Its holdings include $23,506.33 in stablecoins, $666,945.72 in major assets, $1.25m in its own tokens, $199,787.85 in other assets.

