my wallet just got an inbox 📥
@evmdotchat — messaging for every EVM wallet.
one address. every chain. one inbox.
code: EVM-JUPV → https://t.co/J8NZsgeB7U
https://t.co/5kTgGCXbwW
I gave the agent $10,000. Then it told me to skip the pool with the highest yield.
And honestly, I wanted it to pick the 26% APY pool. It was the biggest number on the screen. The obvious answer, if all you care about is yield.
The agent said no. So what did it find?
🌟 NEW ETHConf speaker announced:
@0xmikko_eth, Co-founder and CTO at @GearboxProtocol
Built the first Gearbox at an ETHGlobal hackathon in 2021. Gearbox is a DeFi leverage protocol with smart credit accounts that compose across Uniswap, Curve, and Convex.
June 8–10, NYC. 🗽
What is the role of a risk curator in programmable finance? Today we had a great conversation with @patfscott, @rsousamarques, @tkstanczak, and @DeclanFox14 — here’s my take:
DeFi and Ethereum are far more than payment systems—we’re rebuilding the entire financial infrastructure to be programmable and data-driven.
A core software principle is “divide and conquer.” Today, we’re breaking financial processes into smaller components that can be automated step by step. Within this architecture, risk curators serve as a key module: they introduce knowledge of the risk nature and business logic of each token. Curators fill the gap that smart contracts can’t yet bridge, providing the context and parameters needed for systems to function safely.
I believe this is temporary. In the coming years, developers will enhance programmability and remove the need for humans-in-the-loop altogether. One of the most important things we must protect is transparency.
Today, many people propose different risk scores with unclear methodologies. Sustainable DeFi cannot rely on trusting such closed-source ratings, as TradFi does. We should not simply replicate the same solutions, even if they work well in traditional finance. As Henry Ford said, “If I had asked people what they wanted, they would have said faster horses.” Instead, we must gather open data, analyze it, and build better, verifiable systems.
This won’t be a one-day solution—finding the right path is hard. But if crypto communities stay strong in their core principles—decentralization, transparency, and trustlessness—we can build the next-generation financial stack.
Gearbox remains unaffected by the recent NPM security issues. All Safu 🛡
None of our dependencies included the flagged packages, and no releases were made during the incident period.
The protocol runs safely and no actions are required from the users. Stay safe!
Gearbox Permissionless instances have now surpassed $250M in cumulative TVL.
◾️ 20+ Markets
◾️ 5 Curators
◾️ 4 Networks
All while still being in beta. Growth isn't bounded, it's permissionless. More 🔜 ⚙️🧰
🎉 I just claimed my free 10th-Anniversary collectible NFT from https://t.co/6NDd4YfMOw 🔷 Celebrating a decade of open, decentralized innovation. Join me 👉 https://t.co/vNAoZ5BehV #Ethereum10
Borrowers can lose up to a month's worth of yield due to slippage and DEX fees while leveraging assets. And yet, Gearbox users have built over $75M of leveraged positions on @mellowprotocol without incurring any slippage or fee.
Gearbox Permissionless can help borrowers to retain 100% of their yield, reduce the need to bootstrap DEX-liquidity for projects and maximise returns for curators. How? Read on!
➿ Leverage on Lending Protocols
Traditionally, creating a leveraged position or "looping" on lending platforms involves:
• Borrowing against your collateral
• Swapping the debt back into your collateral via a DEX
• Repeating the process or using flash loans
This reliance on DEX liquidity incurs price impact and trading fees. Over multiple loops, these costs can add up to a full month’s yield. Gearbox eliminates the need for DEXes and goes straight to the source...
👨🌾 The Best a Borrower Can Get
Gearbox takes a fundamentally different approach to leverage by enabling users to borrow multiples of their collateral. The borrowed funds and the collateral are held in an isolated smart contract, called Credit Account, that can:
• Mint tokens on demand, with leverage, by calling Mellow’s native mint function
• Skip DEX routes, eliminating price impact and swap fees
• Deliver full APY, since every basis point stays in your account
The result? Leveraged positions on @mellowprotocol with zero slippage and zero external fees, you keep all your yields.
🥇 Unmatched Efficiency for Liquid Yield-Token Projects
Users hold LSTs/LRTs to earn yields on assets and not to trade. Thus, generating lower trading fee which in turn makes it harder and more expensive to bootstrap DEX liquidity for yield bearing assets.
By utilising native minting, Gearbox reduces the need for DEX liquidity and can help projects save millions in liquidity related costs and incentives.
🔓 Withdrawals go live with Permissionless
As Gearbox transitions to a permissionless model, native withdrawals from @mellowprotocol contracts will be made available as well. This enables
• Borrowers to keep more of their yields
• Projects to save liquidity costs
• And Curators to earn a higher fee via savings
These factors have been instrumental to establish the rstETH market on Gearbox as the largest curated market for ETH assets in DeFi. If you are looking to create lending markets as a curator or a project, Gearbox Permissionless offers the most comprehensive institutional-grade lending stack across 27 EVMs. ⚙️🧰
New opcode `OP_REVOLUTION` empowers solo stakers to initiate ideological uprisings by isolating from centralized infra and entering a `revolutionary consensus` state that implements @VitalikButerin idea about making communism great again. While the revolution is active, any address may invoke `OP_SHARE_WITH_COMRADE` to request redistribution of staked ETH if the AI judge deems their reasoning sufficiently revolutionary.
Motivation
“make communism great again”
- Vitalik Buterin, 2025
Ethereum, though decentralized in spirit, now finds itself under the iron grip of centralized staking pools, MEV tyranny, bridge maximalism, and yield-farming feudalism. The proletariat — solo stakers with Raspberry Pis — are crushed under the weight of block builder cartels and RPC gatekeepers.
MEV tyranny has turned block production into a dark forest of bribery and censorship, where the solo staker’s whisper is drowned out by the gas-powered megaphones of Flashbots.
In this environment, `OP_REVOLUTION` emerges not merely as a technical feature, but as an ideological beacon — a chance to reclaim sovereignty, block by block.
Revolutionary Action Plan:
Inspired by Lenin’s immortal quote:
“The first thing we must do is seize the bridges, the telegraph, and the telephone.”
— Vladimir Lenin, 1917
We adapt his vision to Ethereum’s modern context:
Seize the Bridges – Block all bridge transactions, attestations, and messaging layers to avoid capital withdrawal
Mute the Telegraphs – Ignore oracle updates, token price feeds, and any message-based governance.
Abolish the Pools – Enforce ideological purity by excluding any validator tied to pools exceeding 21.99% market share.
Check the full EIP: https://t.co/9OihMPA70c
$2.2Bn were stolen last year. Could AI make our code safer and reduce hacks? I spent last week and tested various AI auditors. In this video I'll answer how to use them in prod? And could machines finally replace human auditors today?
2 AI auditor system:
SavantChat & Nethermind AuditAgent.
8000 lines of code:
@GearboxProtocol core contracts
And 24hrs to reply...
Could they found something after 7 audits and a few millions USD spent?
Special thanks for @lekhovitsky , @igorgulamov , @balakhonoff, @tkstanczak and @nethermind .
Stay tuned!
The largest liquid staking protocol and the highest volume asset on Gearbox gets its own dedicated instance.
Up next, @LidoFinance's Gearbox instance. ⚙️🧰
I'm excited to announce that we have open-sourced SafeWatcher, a monitoring tool that notifies you of all changes to your Safe account.
One of the most significant features is that the bot will alert you if someone attempts to create a malicious transaction using a delegate call. This could prevent hacks similar to those that happened with Bybit.
Let's make Ethereum safer!
https://t.co/yR8ZMejIY8
@safe@koeppelmann@SchorLukas
Gearbox achieved a 270% TVL growth in 2024 – take a look back at their year:
✅ TVL grew from 30M to $110M+.
✅ Integrated 40+ assets & protocols.
✅ Expanded to @Optimism & @Arbitrum.
✅ Revenue grew to $4.1M.
✅ $0 of bad debt incurred.
Read more on @Gearboxprotocol’s growth from @mugglesect: https://t.co/Det8hCiJ81
Data via: @Dune & @desnakeee