Logo of GearboxGearbox(GEAR)
Total Value Locked$21.31m

TVL by Chain

Ethereum$19.34m

Etherlink$1.45m

Monad$396,603.84

Plasma$60,274.31

Hemi$30,828.13

Arbitrum$19,872.19

OP Mainnet$11,522.43

Somnia$7,697.71

Lisk$548.16

Sonic$351.3

BSC$4.27

Key Metrics

Fees 30d-$12,778
Fees 30d by chain

Monad$6,427.28

Ethereum$2,683.53

Arbitrum$0

BSC$0

Hemi$0

Lisk$0

OP Mainnet$0

Sonic$0

Fees 7d-$20,436

Monad$816.28

Ethereum$636.62

Arbitrum$0

BSC$0

Hemi$0

Lisk$0

OP Mainnet$0

Sonic$0

Fees 24h$189

Ethereum$99.94

Monad$88.86

Arbitrum$0

BSC$0

Hemi$0

Lisk$0

OP Mainnet$0

Sonic$0

Cumulative Fees$22.78m

Ethereum$22.39m

Monad$208,600.9

Arbitrum$179,781

OP Mainnet$23,015

Lisk$3,586

Sonic$295

Hemi$87

BSC$4

Revenue 30d$2,013.17
Revenue 30d by chain

Monad$1,996.59

Ethereum$68.84

Arbitrum$0

BSC$0

Hemi$0

Lisk$0

OP Mainnet$0

Sonic$0

Revenue 7d$223.21

Monad$259.93

Ethereum$17.74

Arbitrum$0

BSC$0

Hemi$0

Lisk$0

OP Mainnet$0

Sonic$0

Revenue 24h$7.34

Ethereum$7.12

Monad$0.22

Arbitrum$0

BSC$0

Hemi$0

Lisk$0

OP Mainnet$0

Sonic$0

Cumulative Revenue$4.71m

Ethereum$4.63m

Arbitrum$46,693

Monad$32,743.01

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)$346,709.03

$2,013.17

$223.21

$7.34

$4.71m

Market Cap$4.38m

$GEAR Price$0.00044

All Time High$0.037

All Time Low$0.0002

View $GEAR token page

$4.38m

$4.31m

$GEAR Volume 24h$1,767.24

CEX Volume$0

DEX Volume$4,712.04(266.63% of total)

Active Loans$12.49m

$GEAR Liquidity$2.99m

Curve DEX$2.99m

Treasury$2.33m

$821,067.39

Stablecoins$3,122.67

Own Tokens$1.35m

Others$153,805.68

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 GitHub

Incentives: 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 protocol

Yields

Pools Tracked11

Average Supply APY2.89%

Competitors

Frequently Asked Questions

What is Gearbox's TVL?

Gearbox currently has $21.31m in total value locked. TVL has increased 17.2% over the past 30 days.

What chains does Gearbox operate on?

Gearbox operates on 11 chains: Plasma, Sonic, OP Mainnet, Lisk, and Somnia and 6 others. Ethereum holds the largest share at 90.7%.

How much has Gearbox generated in fees and revenue?

Over the past 30 days, Gearbox generated -$12,778 in fees. Of that, $2,013.17 was protocol revenue. Based on the trailing year, the annualized rate is $1.14m in fees and $346,709.03 in revenue.

What is the GEAR token price and valuation?

GEAR is currently trading at $0.00044. Its circulating market capitalization is $4.42m, ranking it #2,033. Its fully diluted valuation is $4.42m. Supply currently stands at 10b circulating, 10b total supply, 10b maximum supply.

How has GEAR performed recently?

GEAR is up 10.3% over the past 7 days and up 25.1% over the past 30 days. Its all-time high is $0.037, reached on Apr 11, 2024. The token is currently 98.8% below that level.

How does Gearbox's TVL compare to similar protocols?

Among Lending protocols tracked by DefiLlama, Gearbox ranks #50 by TVL. The category holds $48.474b across 515 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 Silo V1.

How much has been borrowed through Gearbox?

Gearbox currently has $12.49m in active loans.

Does Gearbox have a treasury?

Gearbox has a tracked treasury currently valued at $2.33m. Its holdings include $3,122.67 in stablecoins, $821,067.39 in major assets, $1.35m in its own tokens, $153,805.68 in other assets.