Usecase: Intent-based lending
Programmable Credit with Predictable Outcomes for Institutional Lenders
The Problem
DeFi lending looks liquid, but behaves like a black box.
Your capital goes into a vault. Rates move unpredictably. Risks get pooled. When something breaks: MEV, liquidations, curator mistakes — losses are socialized. You find out the hard way it was never really your money.
For regulated institutions, it gets worse: comingled funds, unknown counterparties, no audit trail. Most compliance frameworks require counterparty identification and fund segregation. Pooled DeFi offers neither.
Legacy finance offers bespoke terms, but with counterparty risk, settlement delays, and opaque execution.
The Solution
Post your terms. Match with counterparties. Execute on-chain.
You don't "deposit." You define:
Asset, size, duration
Rate: fixed (5% APY) or reference-based (LIBOR + 2%, Aave + 3%)
Accepted collateral and strategies
Compliance requirements
Your order is signed and immutable. No curator can change it. No protocol upgrade can rewrite it.
When a counterparty matches your terms, the contract executes. Until then, your capital stays productive where it already is.
You own the terms. You own the risk. You own the exit.
How It Works
1️⃣
Post — Define exact terms: rate, collateral, duration, compliance gates. Sign onchain.
2️⃣
Match — Engine pairs compatible orders with counterparty verification. No gatekeepers.
3️⃣
Execute — Isolated pool + credit account deployed with your exact parameters.
4️⃣
Exit — Sell position on secondary market anytime, or wait for maturity.
No idle capital. No comingled funds. No curator risk.
Why Gearbox
🎯
Predictable Rates
Fixed or reference-based (LIBOR, Aave).
You define the formula: no utilization roulette.
🔗
Controlled Composability
Lender defines allowed strategies.
Borrower executes within boundaries: transparent, on-chain enforced.
🏦
Custom Collateral
Tokenized equities, private credit, real estate.
Each deal: own oracle, own risk params.
🔄
Secondary Market
Sell active positions anytime.
Turn illiquid terms into liquid exits.
🔒
No Curator Risk
Once matched, the contract is final.
No vault-level loss sharing. No surprises.
📋
Regulatory Alignment
No comingled funds, clear audit trails, counterparty-specific compliance.
Regulatory Alignment
Traditional DeFi pools create compliance barriers. Intent-based lending solves them:
👤
Know Your Counterparty
Direct matching. Verifiable filtering of participants.
🔒
No Comingling
Isolated infrastructure per deal. Capital never mixes.
📝
Audit Trail
On-chain record: who, what, when, all transactions.
✓
Compliance Gates
Per-deal KYC/AML, jurisdiction, accreditation checks.
🛡️
Risk Segregation
One default doesn't cascade to other positions.
This structure aligns with emerging regulatory frameworks for institutional DeFi participation.
RWA Collateral
📈
Tokenized Securities
Borrow USDC against S&P 500 ETF tokens
💼
Private Credit
Collateralize with tokenized loan tranches
🏠
Real Estate
Borrow against tokenized property
🏛️
T-Bills
Treasury tokens as pristine collateral
Custom price feeds, LTV ratios, liquidation parameters—negotiated per intent.
Capital Efficiency
💰 Capital
❌ Locked on deposit
✅ Productive until match
📊 Rates
❌ Utilization-driven volatility
✅ Defined formula (fixed or reference-based)
🏦 Collateral
❌ Single profile
✅ Custom per agreement
⚠️ Risk
❌ Socialized losses
✅ Isolated per deal
🚪 Exit
❌ Wait for utilization
✅ Secondary market anytime
Product Preview
Both sides define their exact terms: asset, rate (fixed or reference-based), duration, LTV, and counterparty compliance requirements (KYC, jurisdiction, institutional status).
Next Step
Interested in institutional-grade DeFi lending with predictable rates, custom collateral, and compliance controls?
Contact the Gearbox team to discuss pilot programs for intent-based credit markets.
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