Concepts

Concepts specific to the Gearbox Markets pooled lending model. For foundational concepts (Credit Accounts, Multicalls, Health Factor) see The Lending Stack.

• Markets — The Pool → Credit Manager → Credit Account architecture. How a single liquidity vault funds multiple strategies with isolated risk. Debt Ceilings and Diesel Tokens.

Topics covered here but not in The Lending Stack:

• Interest Rate Model — utilization-based rate curves specific to pooled lending
• Market Curators — the permissionless operator role that configures risk parameters
• Quotas — per-token concentration limits and risk-priced interest (exist only in Markets, not P2P)