Gearbox
Gearbox
⚙️🧰

Gearbox

Use leverage on your favorite DeFi protocol

Our Mission

Gearbox is a generalized leverage protocol: it allows anyone to take leverage in a DeFi-native way and then use it across various DeFi protocols in a composable way.

You take leverage with Gearbox and then use it on other protocols you already love. For example, you can leverage trade on Uniswap, leverage farm on Yearn, make complex delta-neutral strategies, get Leverage-as-a-Service for your structured product, and more...

The protocol has two sides to it: passive liquidity providers who earn higher APY by providing liquidity; - and active traders, farmers, or even other protocols who can borrow those assets to trade or farm with x4+ leverage.

Thecore vision is to become a backend composable leverage protocol that all kinds of users can utilize but don’t even need to interact directly with a specific interface.

You can envision building your own DeFi protocol and just making a “take leverage with Gearbox” as a button. And bam - your users are now more capital efficient. Or integrate Gearbox into a platform like Zerion or Zapper.

Decentralization at the Core Composable & Generalized Decentralized & Non-Custodial Gas-Optimized

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Our Values

  • Leverage-as-a-Service- Other protocols can offer leverage to their users with the help of Gearbox Protocol, without modifying anything in their own architecture. As such, they also get exposure to the user base of Gearbox.

  • Permissionless strategies- Positions and trades within Credit Accounts can be extended to include complex strategies, for example, making a short position farm in Yearn; or having LP tokens as collateral for more composable actions.

  • 0% funding rate- The leverage offered is not based on synthetic positions but instead is executed with real assets on third-party protocols. Because Gearbox does not create its own trading pairs, there is no short-long ratio that needs to be maintained with funding rates.