---
title: "Gearbox on Merkl"
description: "Onchain Lending Reimagined"
canonical: "https://app-a.merkl.xyz/protocols/gearbox"
protocol: "Gearbox"
protocolId: "gearbox"
page: 1
items: 4
totalPages: 1
generated: "2026-10-15T20:32:35.293Z"
---

# Gearbox

## Back to

- [Protocols index (markdown)](https://app-a.merkl.xyz/protocols.md)
- [Opportunities index (markdown)](https://app-a.merkl.xyz/opportunities.md)
- [Protocols index (HTML)](https://app-a.merkl.xyz/protocols)

Onchain Lending Reimagined

## Stats

- **ID**: gearbox
- **Name**: Gearbox
- **Total opportunities**: 4
- **Live opportunities**: 4
- **Live campaigns**: 2
- **Daily rewards**: $130.3
- **Max APR**: 3.03%
- **Website**: https://gearbox.fi/
- **Tags**: LENDING, plasma

## Trust

Verified by DefiLlama, listed in Dec 2021.

- **DefiLlama slug**: gearbox
- **DefiLlama page**: https://defillama.com/protocol/gearbox
- **Category**: Lending
- **Audits**: 2
- **Twitter**: https://twitter.com/GearboxProtocol
- **Last synced**: 2026-10-14T04:02:44.000Z

### Audit reports

- [Audit 1](https://docs.gearbox.finance/risk-and-security/audits-bug-bounty)

### GitHub

- [Gearbox-protocol](https://github.com/Gearbox-protocol)

## Opportunities: page 1 of 1 (4 total)

| # | Opportunity | Chain | APR | TVL |
| --- | --- | --- | --- | --- |
| 1 | [Deposit frxUSD on the Gearbox frxUSD Market vault](https://app-a.merkl.xyz/opportunities/12481702621975544202.md) | [Ethereum](https://app-a.merkl.xyz/chains/ethereum.md) | 3.03% | $1,557,854.71 |
| 2 | [Deposit wETH on the Gearbox WETH Market vault](https://app-a.merkl.xyz/opportunities/7554939082438499556.md) | [Ethereum](https://app-a.merkl.xyz/chains/ethereum.md) | 1.23% | $2,909,554.58 |
| 3 | [Deposit wBTC on the Gearbox WBTC vault](https://app-a.merkl.xyz/opportunities/4609115864564689651.md) | [Ethereum](https://app-a.merkl.xyz/chains/ethereum.md) | 2.53% | $796,350.88 |
| 4 | [Deposit wstETH on the Gearbox wstETH v3 vault](https://app-a.merkl.xyz/opportunities/17987455949596184025.md) | [Ethereum](https://app-a.merkl.xyz/chains/ethereum.md) | 0.11% | $10,690,225.83 |