Gearbox Protocol
  • Overview
  • Link Tree & Dev Docs
  • What can you do with leverage 2.0?
  • Protocol overview
    • How it works
    • Credit Accounts
      • AllowedList: Integrations
        • OLD: V1 and V2
      • How to add new Contracts & Assets to AllowedList
    • Liquidations
      • Reserve Fund
    • Protocol Fees
    • Tech Paper
    • FAQ
    • History: DAO-First Launch
      • Birth at ETHGlobal MarketMake 2021
      • Kovan testing with DegenScore & lobsterdao
      • Credit Account Mining
      • Early Testers and Discord
  • Traders & farmers
    • Opening a Credit Account
    • Margin Trading: PURE
      • Boosted Long/Short or "Free Leverage"
    • Leverage Points & Restaking
    • Leverage Farming
      • One-Click Strategies
      • Leveraged liquid staking
      • Leveraged stablecoin farming
      • Leveraged Curve V2 and Convex
      • Leveraged vanilla yVaults
      • Arbitrage of correlated assets
    • Tips for leverage users
      • How to avoid liquidations
      • How to close a Credit Account
    • PRO: Leverage Bible
  • Passive Lending
    • Pools & APY
      • OLD: V1-V2 Pools
    • Dashboard: How to Earn
  • GOVERNANCE | DAO
    • Main DAO Governance
      • Guards [Multisigs]
      • Community Delegates
    • Quotas and Gauges
      • Dashboard: Gauge Voting
  • GEAR Token
    • Supply Information
    • Utility & Staking
    • Legal Disclaimer
  • Security & Risks
    • Audits & Bug Bounty
    • Risks and T&C
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  • Boosted Long: Free Leverage / Hedge
  • Boosted Short: Free Leverage / Hedge

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  1. Traders & farmers
  2. Margin Trading: PURE

Boosted Long/Short or "Free Leverage"

How to go long or short - and farm at the same time!

PreviousMargin Trading: PURENextLeverage Points & Restaking

Last updated 1 year ago

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Boosted Long: Free Leverage / Hedge

If you want to go long ETH to USDC, you need to open a Credit Account denominated in a stable coin.

  • Select ETH long and configure all the parameters;

  • Click on the Boosted Trade box to turn your long into a farming long;

  • You now have an ETH long that is paying you rewards rate (possibly) in higher numbers than the borrow rate on that USDC that you have to pay. It's a boosted leveraged trade!

Depending on the interest rates in Gearbox Protocol and interest rates in Yearn or another protocol, you can actually get a self-repaying long or even a net-paying long.

Boosted Short: Free Leverage / Hedge

If you want to go short ETH to USD, you need to open a Credit Account denominated in ETH.

  • Select ETH short and configure all the parameters;

  • Click on the Boosted Trade box to turn your short into a farming short;

  • You now have an ETH short that is paying you rewards rate (possibly) in higher numbers than the borrow rate on that ETH that you have to pay. It's a boosted leveraged trade!

Go to the PURE margin trading: ;

Go to the PURE margin trading: ;

https://pure.gearbox.fi/
https://pure.gearbox.fi/
This is , see the bottom right corner.
This is , see the bottom right corner.
https://pure.gearbox.fi/
https://pure.gearbox.fi/