Home
/
Protocols
/
Gearbox
Gearbox

Gearbox

Leveraged Farming

Gearbox Protocol Review

Gearbox Protocol, launched in 2021, is a DeFi platform that empowers users to access leverage across decentralized protocols, all while being guided by a community-governed DAO. Early supporters, including Variant Fund, 1kx, and Lido Finance, helped propel the project forward during its initial phases. Gearbox’s $GEAR token plays a dual role in governance and liquidity, allowing community members to shape the platform through voting. The protocol has evolved over time, with consistent updates to improve flexibility and transparency in governance. Security is a key focus, supported by regular audits and a bug bounty program, which together work to protect users and uphold the integrity of the protocol.

TVL
$93 837 055
Blockchain
N/A
Promo bonus
No bonus for now
Go to protocol

Gearbox offers

USDC
Est. APY
7.25%
Status
Available
Term
Flexible
TVL$1 630 231
Blockchain
Ethereum
Ethereum
WETH
Est. APY
3.66%
Status
Available
Term
Flexible
TVL$9 161 673
Blockchain
Ethereum
Ethereum
WBTC
Est. APY
1.71%
Status
Available
Term
Flexible
TVL$999 295
Blockchain
Ethereum
Ethereum
DAI
Est. APY
8.01%
Status
Available
Term
Flexible
TVL$465 132
Blockchain
Ethereum
Ethereum
USDT
Est. APY
28.63%
Status
Available
Term
Flexible
TVL$492 939
Blockchain
Ethereum
Ethereum
GHO
Est. APY
8.11%
Status
Available
Term
Flexible
TVL$112 372
Blockchain
Ethereum
Ethereum
CRVUSD
Est. APY
9.06%
Status
Available
Term
Flexible
TVL$73 341
Blockchain
Ethereum
Ethereum

Crypto earn alerts on Gearbox

Criffy provides an ideal way to stay on top of earning programs across protocols and dApps. For Gearbox, you can easily track new earning opportunities, monitor APY changes for specific offers, and receive notifications when you can start earning interest on a particular cryptocurrency. Setting up an alert helps you stay informed about the best earning opportunities on Gearbox.

Earning crypto on Gearbox

Protocols and dApps offer various options to earn crypto, like lending or participating in liquidity pools. With Criffy, you can easily track five different earning options from Gearbox. Check the table above for all the details.

Current TVL of the Gearbox protocol

The Gearbox protocol's Total Value Locked (TVL) is currently $93 837 055. TVL is a helpful metric in DeFi, showing the total assets users have deposited into a protocol’s smart contracts. It gives a snapshot of liquidity and the level of trust from the community, helping to show how much value a platform like Gearbox is holding.

Gearbox protocol type

Gearbox is a Leveraged Farming protocol, designed to help users boost their returns in DeFi liquidity pools by allowing them to borrow extra funds. This way, users can enhance their yields by increasing their initial investment. Gearbox also includes helpful risk management tools to minimize the chances of liquidation, making it easier and safer to grow returns. Through automated strategies, the protocol offers a user-friendly approach to maintaining positions and aiming for higher yields in a more secure way.

Protocols similar to Gearbox

Check out other crypto protocols in the same category

Sentiment
Sentiment

Leveraged Farming

Single Finance
Single Finance

Leveraged Farming

DeltaPrime
DeltaPrime

Leveraged Farming

Stella
Stella

Leveraged Farming

Product
Explore
Company
Follow us

Our website provides aggregated financial content and news for informational purposes only. We’re not a substitute for professional advice or independent verification. Always seek independent financial advice or do your own research before relying on any information here for investment decisions. Criffy does not solicit, recommend, endorse, or offer any securities or financial instruments. We may earn commissions from some links, but this does not affect our reviews and comparisons. We strive to keep everything fair and balanced to help you make informed decisions.

DisclaimerTerms & ConditionsPrivacy and Cookie PolicySitemap
© Criffy, 2024