Gearbox (GEAR)
Total Value Locked$195.76m
TVL by Chain
Ethereum$195.13m
Arbitrum$535,764
OP Mainnet$78,057
Sonic$15,353
Key Metrics
Fees (Annualized)$3.26m
Fees 30d$267,087
Fees 7d$64,252
Fees 24h$9,792
Cumulative Fees$21.48m
Revenue (Annualized)$710,894
Revenue 30d$58,270
Revenue 7d$3,769
Revenue 24h$26
Cumulative Revenue$4.35m
Incentives (Annualized)$0
Incentives 30d$0
Incentives 7d$0
Incentives 24h$0
Cumulative Incentives$0
Earnings (Annualized)$710,894
Earnings 30d$58,270
Earnings 7d$3,769
Earnings 24h$26
Cumulative Earnings$4.35m
Market Cap$35.18m
$GEAR Price$0.0035
All Time High$0.037
All Time Low$0.0024
Fully Diluted Valuation$35.18m
Outstanding FDV$17.03m
$GEAR Volume 24h$1.04m
CEX Volume$897,880
DEX Volume$136,228(13.14% of total)
Borrowed$149.82m
$GEAR Liquidity$2.71m
Curve DEX$2.71m
Treasury$15.22m
Majors$1.26m
Stablecoins$806,308
Own Tokens$12.1m
Others$1.05m
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 ClubSource: https://twitter.com/GearboxProtocol/status/1463857660529414151?s=20&t=TXPnkbLq28Qpp2JqawebFg
Aug 31, 2022$4.15mRound: DAO roundInvestors: Placeholder, Zee Prime, Ledger Prime, Polymorphic Capital, GCRSource: https://twitter.com/GearboxProtocol/status/1564856805662101504
Sep 22, 2022$1.59mRound: DAO roundSource: https://gov.gearbox.fi/t/gip-18-dao-round-part-2-community-proposal/1374
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 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
Income Statement for Gearbox
| Q3 2025* | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | |
|---|---|---|---|---|---|---|---|
| Fees | $429,440 | $511,456 | $1.05m | $1.66m | $2.07m | $10.97m | $4.79m |
| Revenue | $92,122 | $107,406 | $275,742 | $491,988 | $683,611 | $2.37m | $329,986 |
| Earnings | $92,122 | $107,406 | $275,742 | $491,988 | $683,611 | $2.37m | $329,986 |