Gearbox is a DeFi protocol that provides passive liquidity providers with the ability to earn APY rewards in the same asset without actively managing their positions. It also provides leverage users (Ninjas) with the ability to actively degen in top farms, manage their own risks, and be very active in DeFi. Gearbox's Credit Accounts feature allows users to earn passive APY without impermanent loss and without lockup on capital or withdrawal fees. The protocol offers organic liquid APY from the largest $-billion protocols, with users able to choose between the highest yields and position safety. Leverage of up to x10 is available on Uniswap, Sushiswap, Curve, Lido, Convex, Yearn, and more. Gearbox is potentially composable with many DeFi & NFT protocols, and is designed as a building block, a primitive. Gearbox also offers immunefi bounties of up to $300,000 to review code and prevent hacks. The protocol is designed to be as secure as possible, with security being a continuous process.