Gearbox

Supply stablecoins, WETH, or WBTC to Gearbox v3 lending pools on Ethereum, Arbitrum, and Optimism and hold a dToken share.

yield.xyz integrates the passive side of Gearbox v3: you deposit an asset into a Gearbox v3 lending pool and earn interest paid by traders running leveraged Credit Accounts against that pool. You receive an ERC-4626 share token, d-prefixed with a V3 suffix (for example dUSDCV3).

Availability

Network	Input tokens	Share token
Ethereum	USDC, WBTC, WETH, USDT, GHO, DAI	dUSDCV3, dWBTCV3, dWETHV3, dUSDTV3, dGHOV3, dDAIV3
Arbitrum	USDC, USDC.e, WETH	dUSDCV3, dUSDCeV3, dWETHV3
Optimism	USDC.e, WETH	dUSDCeV3, dWETHV3

Query GET /v1/yields?providers=gearbox for the live pool list per network.

Entering

You approve the input token and deposit it; the pool mints dToken shares in return. The WETH pool on each of the three networks also accepts native ETH: pass no inputToken (or the native symbol) and yield.xyz wraps it before depositing.

Exiting

Exits are instant: no cooldown or withdrawal queue. Request an exit with amount, shareAmount/shareAmountRaw, or useMaxAmount for a full exit. The WETH pools unwrap the redeemed WETH back to native ETH as a follow-up transaction.

Rewards and position

Interest accrues automatically into the share price; there is no manual claim step and no separate incentive token on any Gearbox pool.

Next steps

Lending

Compare Gearbox against other lending integrations.

Action lifecycle

How enter and exit actions are signed and submitted.