Gearbox

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.

## Executive Summary Gearbox Protocol is a decentralized finance (DeFi) primitive that offers generalized, composable leverage. It functions as a two-sided marketplace connecting passive liquidity providers (LPs) seeking yield with active traders, farmers, and strategists who wish to borrow that liquidity to amplify their positions in the DeFi ecosystem. At its core, Gearbox allows users to take on leverage not just for simple trading but for a broad spectrum of activities, including complex yield farming, liquidity provision on decentralized exchanges (DEXs), and liquid staking strategies, ef