Gearbox Protocol $GEAR will be delisted on the MEXC Exchange pair with GEAR/USDT on July 10th, 2025 at 07:00 (UTC)
Published By: divya choudhary
Published at: 2025-07-07
About Gearbox Protocol ($GEAR)
Gearbox Protocol is a Decentralized Ledger lending platform built on Ethereum, now at version 3 (v3). It uses “Credit Accounts”, a smart-contract-based mechanism, to enable users to obtain up to 10x leverage and deploy funds across a wide range of DeFi strategies — including margin trading on Uniswap, yield farming on Curve, staking with Lido, and more .The GEAR token is the governance asset of the protocol, with a fixed supply of 10?billion and distributed to the DAO treasury, team, contributors, LP miners, and testers . Governance is decentralized and fully transparent, with audited code and ongoing financial disclosures via public dashboards.
What is Gearbox Protocol (GEAR)?
Gearbox Protocol is like a smart robot on the Ethereum blockchain that helps people borrow more money to grow their crypto investments. It’s now in its third version (v3).
It works using something called “Credit Accounts.” These are smart tools that let users borrow up to 10 times the money they have. They can use this money in popular crypto apps like Uniswap, Curve, and Lido.
The GEAR token is the main token used in the Gearbox system. There are 10 billion GEAR tokens. People who have GEAR tokens help make decisions about how Gearbox works. Everything is open and clear, and the code is checked (audited) to be safe.
Type of project: Future of Decentralized Finance — Lending & Borrowing with Leverage.
Why People Like GEAR
Use borrowed money smartly – Users can do more with their money using special DeFi tools.
Earn more – People can earn rewards by helping the system or using Credit Accounts.
Safe and honest – The code is double-checked, and important details are shared with everyone.
Community-run – People who own GEAR tokens vote on big decisions.
Big support – Well-known companies and investors have given over $5 million to help Gearbox grow.
GEAR is Being Removed from MEXC
What’s going on?
The MEXC exchange has decided to remove GEAR token trading on July 10, 2025.
After that:
You can’t trade GEAR on MEXC.
You can still take your GEAR out (withdraw it) until August 9, 2025.
After that, it may be harder or slower to get your GEAR back.
What should you do?
Take out your GEAR before August 9!
You can move it to another exchange or your own wallet.
Think about if you still want to keep GEAR or try something else.
This might be a good time to check other places where GEAR is traded.