Gearbox Protocol enables composable decentralized leverage, combining lending and prime brokerage for margin trading, yield farming, staking, and more across DeFi platforms.
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Gearbox Protocol enables composable leverage, allowing users to margin trade on Uniswap, leverage farm on Curve, and utilize up to 10x more capital on various DeFi platforms. It achieves this through Credit Account abstraction, merging lending and prime brokerage. Lenders earn yield, while borrowers use leveraged positions for activities like margin trading, farming, and staking across DeFi, creating a foundational layer for decentralized leverage.
As of now, Gearbox Protocol is trading at 0.004296 USD, with a 24-hour trading volume of approximately 104.64K USD. The GEAR to USD price is updated in real time. Over the past 24 hours, Gearbox Protocol has increased by 18.81%. It remains the top-ranked cryptocurrency on CMC.IO, with a market capitalization of about 42.95M USD. Currently, there are 10 000 000 000 GEAR in circulation out of a maximum supply of 10 000 000 000 GEAR.
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