Total dollar volume24H $449,338
High24H 0.004896 USDT
Low24H 0.004624 USDT
Market Cap #572$46,300,000
FDV $46,300,000
Turnover rate 0.97%
Circulating supply 10,000,000,000
Total supply 10,000,000,000
Max supply 10,000,000,000
All time high date
Apr 12, 2024
Down from All time high -87.75%
Cycle low 0.004293 USDT
Cycle low date
Sep 27, 2023
Up from cycle low 7.85%
Gearbox is a generalized leverage protocol: it allows you to take leverage in one place and then use it across various DeFi protocols and platforms in a composable way. The protocol has two sides to it: passive liquidity providers who earn higher APY by providing liquidity; active traders, farmers, or even other protocols who can borrow those assets to trade or farm with x4+ leverage.
The core vision is to become a backend composable leverage protocol that all kinds of users have but don’t even need to interact directly with any interface. You can envision building your own DeFi protocol and just making a “take leverage with Gearbox” as a button.