$GEAR boosts over 16% after hitting $300M All Time High TVL

$GEAR, the security & utility token of Gearbox, a protocol designed to enhance capital efficiency in DeFi, is up over 16% in the past 24hours, & now trades around $0.027022, with inflow of $1.49M, as per Gate.io chart.

This follows the incredible report that Gearbox Protocol's TVL has now crossed a groundbreaking $300 million All Time High. The lending supply is also on ATH of $257M in 60 days, with demand coming through another ATH number of 1060 active borrowers, taking an average of $205K each. Also nearly all Gearbox's lending pools now generate ATH yields, with increased usage now putting Gearbox DAO on an ATH annualized revenue of more than $17 million.