🧮GLend
Gemach's Premier Protocol
Last updated
Gemach's Premier Protocol
Last updated
GLend is Gemach’s decentralized lending and borrowing platform built on the Arbitrum network. It allows users to supply a wide range of blue‑chip tokens and yield‑bearing assets as collateral and earn variable interest while retaining full self‑custody.
GLend currently supports supplying and borrowing assets such as WETH, WBTC, USDC.e, ARB, GLP, GMX, MAGIC, USDT, DAI, FRAX, UNI, LINK and tokenized yield assets like gmdBTC, gmdETH, gmdUSDT and gmdUSDC. Additional markets are added periodically as the ecosystem grows.
Deposited assets automatically earn rewards and can be used as collateral to borrow other supported tokens. Interest rates adjust algorithmically based on supply and demand, and positions are managed entirely on‑chain via secure smart contracts.
The protocol’s mission is to unlock liquidity for crypto assets that would otherwise remain idle by enabling capital‑efficient lending, borrowing and autocompounding yields in a permissionless environment.