Gearbox Price

Gearbox (GEAR) is a cryptocurrency that operates on the Ethereum blockchain, launched in December 2021. Currently ranked 753 with a price of $0.004095, it has seen a +1.16% change in the last 24 hours. Gearbox has a total and maximum supply of 10 billion tokens, with all tokens currently in circulation (10B GEAR). The protocol enables composable leverage for DeFi users through its innovative credit account system. Users can borrow assets to leverage their positions across various DeFi protocols without needing to manage multiple positions manually. With a market capitalization of $40.95M and a 24-hour trading volume of $173.51K, Gearbox serves as the governance token for the Gearbox Protocol ecosystem. Token holders can participate in protocol governance decisions and potentially earn rewards. The project is backed by notable investors in the Web3 space and has integrated with multiple DeFi platforms to expand its utility within the Ethereum ecosystem.

Gearbox was created on December 21, 2021. It was launched on the Ethereum blockchain as an ERC-20 token with a total supply of 10 billion GEAR tokens. Since its creation, Gearbox has established itself as part of the Ethereum ecosystem, focusing on providing decentralized leverage trading infrastructure. The project has grown to achieve a market capitalization of $40.95M as of 2025-07-18, with its token currently trading at $0.004095.

Gearbox was founded by a team of DeFi experts led by Mikhail Komarov and Kirill Kuznetcov in 2021. The project emerged from the collaborative efforts of experienced developers and financial engineers who identified the need for composable leverage in DeFi. The founding team has backgrounds in traditional finance and blockchain technology, bringing valuable expertise to create a protocol that enables users to leverage their crypto positions without sacrificing capital efficiency. Since its launch on 2025-07-18, the team has continued to develop the protocol's capabilities, focusing on security, usability, and integration with the broader Ethereum ecosystem.

Gearbox operates as a DeFi protocol on the Ethereum blockchain that enables leveraged trading and yield farming. The GEAR token serves as the governance token for the protocol, allowing holders to vote on important platform decisions and protocol upgrades. The protocol works by providing composable leverage for DeFi users, allowing them to borrow assets and increase their position sizes without requiring overcollateralization. Currently priced at $0.004095 with a market cap of $40.95M, GEAR has seen +1.16% change in the last 24 hours. Gearbox has a fixed total supply of 10B GEAR tokens, with 10B GEAR currently in circulation. The protocol's innovative credit account system allows users to access leverage across multiple DeFi protocols in a single transaction, making complex trading strategies more capital-efficient. Since its launch in 2021, Gearbox has established partnerships within the Ethereum ecosystem and continues to develop new features to enhance its utility in the DeFi space.

Gearbox operates on a modular DeFi architecture built on the Ethereum blockchain. The protocol uses a composable system of Credit Accounts that enables leveraged trading and yield farming without requiring users to manage complex positions manually. Its technical stack includes: 1. Smart Contract Layer: Core protocol contracts written in Solidity that handle credit account management, liquidations, and risk assessment. 2. Credit Account Factory: Creates isolated smart contract instances for each user's leveraged position. 3. Adapter Layer: Connects with various DeFi protocols like Uniswap, Curve, and others. 4. Risk Management System: Implements real-time monitoring of positions with automatic liquidation mechanisms. 5. Governance Module: Allows GEAR token holders to vote on protocol parameters and upgrades. The protocol uses a unique 'composable leverage' approach that separates borrowing from the actual DeFi strategy execution, making it more capital efficient than traditional lending platforms. All protocol interactions are non-custodial, with funds secured by smart contracts rather than centralized entities.

Gearbox has an ambitious roadmap focused on expanding its DeFi composability protocol. In the near term (2025-2026), the team plans to enhance their leverage trading infrastructure and introduce more capital-efficient lending markets. By 2027, GEAR aims to integrate with additional blockchain networks beyond Ethereum and implement advanced risk management systems. The long-term vision (by 2030) includes developing a comprehensive cross-chain DeFi ecosystem where users can access leveraged positions across multiple protocols with a single interface. The protocol's governance will become increasingly decentralized, with GEAR token holders having more influence over protocol parameters and treasury allocations. With a total supply of 10B GEAR and current price of $0.004095, Gearbox has significant growth potential as DeFi adoption increases. The team's focus on security, composability, and capital efficiency positions GEAR as a potential key infrastructure layer in the evolving DeFi landscape.