Gearbox — Staking Pools & DeFi Yield

Explore all yield opportunities on Gearbox — 15 active pools across 4 blockchains with a combined TVL of $13.49M. Find the best Gearbox pool for your risk profile and start earning passive DeFi income today.

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Protocol Overview

Total Pools

Total TVL

$13.49M

Best APY

9.66%

Chains

Stable Pools

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Top Gearbox Pools

The table below shows up to 20 of Gearbox's highest-TVL pools. Click any pool for its full APY history, risk analysis, and step-by-step staking guide.

Pool	Chain	APY	TVL	Tags
WSTETH	Ethereum	0.06%	$7.19M
WETH	Ethereum	0.00%	$1.68M
USDC	Etherlink	0.50%	$1.28M	Stable
USDC	Ethereum	0.00%	$983.9K	Stable
WSTETH	Ethereum	0.00%	$549.5K
WBTC	Ethereum	0.00%	$404.1K
USDT	Ethereum	0.00%	$336.6K	Stable
TBTC	Ethereum	0.00%	$268.6K
USDT0	Plasma	2.58%	$225.4K	Stable
DAI	Ethereum	0.00%	$219.6K	Stable
AUSD	Monad	2.48%	$145.6K	Stable
WETH	Ethereum	9.66%	$116.7K
CRVUSD	Ethereum	0.00%	$36.2K	Stable
USDC	Monad	9.54%	$34.1K	Stable
USDT0	Plasma	0.00%	$13.5K	Stable

About Gearbox

Gearbox is a decentralized finance protocol operating across 4 blockchains including Ethereum, Etherlink, Plasma. The protocol enables crypto holders to earn yield through automated smart contracts — no custodians, no KYC, and full transparency via on-chain data.

With $13.49M in total TVL across 15 pools, Gearbox represents a significant segment of the DeFi yield landscape. Users interact directly with the protocol's smart contracts via any compatible Web3 wallet, maintaining full custody of their assets throughout.

How Gearbox Generates Yield

Gearbox creates yield for depositors through primarily stablecoin-focused pool mechanics. Yield sources include trading fees from every swap routed through liquidity pools, interest paid by borrowers in lending markets, and protocol incentive distributions to attract and retain liquidity. The specific yield source varies by pool — check each pool's APY breakdown (Base APY vs. Reward APY) to understand where the yield comes from.

Base APY represents sustainable fee income; Reward APY comes from token incentives that can change as protocol programs evolve. For long-term positions, prioritize pools with strong base APY. For short-term yield farming, high-reward-APY pools can be lucrative if entered and exited strategically before incentive programs wind down.

Gearbox Across Blockchains

Gearbox is deployed on 4 chains: Ethereum, Etherlink, Plasma, Monad. Each deployment offers different pools, liquidity levels, and gas costs. The Ethereum mainnet deployment has the deepest liquidity but higher gas costs. Choose the chain that best matches your position size and fee tolerance.

Security & Risk Profile

Before depositing into any Gearbox pool, assess the specific risks. Pools with the IL tag involve multi-asset positions where price divergence can reduce your effective return. Pools with the Stable tag use stablecoin assets, minimizing price volatility risk on your principal. All DeFi pools carry inherent smart contract risk — verify Gearbox's audit status from their official documentation before depositing large amounts.

Gearbox Pool Risk Summary
Pool Type	APY Range	IL Risk	Recommended For
Stablecoin pools	3–15% typical	None	Conservative yield, capital preservation
Single-asset pools	Varies	None	Yield on existing holdings without ratio risk
Multi-asset AMM pools	Higher	Moderate–High	Active yield farmers comfortable with IL

How to Use Gearbox Effectively

To maximize returns on Gearbox: start with pools that have high TVL (lower exit slippage), check whether APY is fee-based or emission-based, and review the protocol's incentive program timeline. For multi-asset pools, calculate your expected IL at various price scenarios before committing — many DeFi calculators are available online for this purpose.

For tax purposes, each reward claim from Gearbox pools is typically a taxable event in most jurisdictions. Keep records of your deposits, withdrawals, and reward harvests with timestamps and USD values at the time of each transaction.

Frequently Asked Questions

What is Gearbox?

Gearbox is a DeFi protocol offering 15 yield pools across 4 blockchain networks. It enables crypto holders to earn passive yield through stablecoin pools, liquidity provision, and protocol incentives. Total TVL across all Gearbox pools is $13.49M.

What is the best APY on Gearbox?

The highest current APY on Gearbox tracked by APY Hub is 9.66%. Rates vary by pool and change daily based on utilization, trading volume, and incentive programs. Browse all Gearbox pools sorted by APY to find the current best opportunity.

How do I stake on Gearbox?

To start earning on Gearbox: acquire the required tokens from an exchange, set up a Ethereum wallet, visit the official Gearbox app, connect your wallet, select a pool, and deposit. Your yield begins accruing immediately with no lockup period in most pools.

Is Gearbox audited and safe?

Most established DeFi protocols like Gearbox conduct regular security audits. Verify audit status on the official Gearbox documentation or their GitHub repository. The protocol's TVL of $13.49M indicates significant user trust, but always check audits and never invest more than you can afford to lose.

On which blockchains does Gearbox operate?

Gearbox is deployed on Ethereum, Etherlink, Plasma, Monad. Cross-chain deployments allow users to access Gearbox pools on the chain with the most suitable fees and liquidity for their needs.

Gearbox Tokens Available on These Exchanges