Gearbox · Ethereum

USDC

Overview

The Gearbox USDC pool on Ethereum is a single-asset lending position where suppliers earn interest on stablecoin deposits. Gearbox generates yield by facilitating borrowing against pooled USDC liquidity and distributing the resulting interest to lenders. Total APY stands at 0%, with no reward component. There is no trend data available for the past week or month, as both the 7-day and 30-day trends are null. TVL currently sits at $960K. Primary exposure in this pool is depeg risk on the underlying stablecoin USDC. Given its focus on a single asset, this lending pool offers straightforward interest-bearing opportunities for users seeking stability with minimal complexity.

Composed 2026-05-20 from the structured data above. See methodology for the full pipeline.

Risk profile

• Smart contract risk

  Funds are deposited into a smart contract. A bug or exploit in the contract could lead to total loss. Audits reduce, but do not eliminate, this risk. Check the protocol page for audit history.

• Depeg risk

  The pool is built on stablecoins. A depeg of any underlying asset would impact returns and principal.

• Yield variability

  Yields can change as TVL and incentive emissions change. The current APY is not a guarantee.

These notes are derived from the pool's structured data, not editorial advice. See our methodology.