GHO, Aave's stablecoin
GHO is a dollar-pegged stablecoin minted by borrowing against collateral on Aave. Unlike other assets, its borrow rate is set by Aave governance rather than by supply and demand. What is GHO?
Data from Aave's API · updated
GHO borrow APY
4.60%
Ethereum Core
GHO borrowed
$172.1M
across 17 markets
Savings rate (sGHO)
4.50%
target rate for GHO deposited in savings
In savings
$228.5M
cap 400.00M GHO
GHO on each market
| Market | Supply APY | Borrow APY |
|---|---|---|
| Ethereum CoreGHO · $135.5M | 0.00% | 4.60% |
| Ethereum PrimeGHO · $52.10M | 1.88% | 3.82% |
| PlasmaGHO · $21.13M | 3.83% | 4.66% |
| Ethereum HorizonGHO · $60.12M | 0.50% | 3.30% |
| MonadGHO · $9.09M | 4.05% | 5.02% |
| BaseGHO · $1.30M | 5.32% | 6.58% |
| AvalancheGHO · $996K | 7.89% | 9.75% |
| MantleGHO · $1.40M | 1.41% | 3.55% |
| Ethereum MainV4GHO · $663K | 3.62% | 4.47%base rate |
| Ethereum BluechipV4GHO · $608K | 4.81% | 5.92%base rate |
| ArbitrumGHO · $532K | 3.44% | 4.43% |
| InkGHO · $290K | 0.37% | 1.60% |
| Ethereum Ethena EcosystemV4GHO · $50.9K | 3.60% | 4.53%base rate |
| GnosisGHO · $31.6K | 2.02% | 3.39% |
| Ethereum GoldV4GHO · $0 | 3.62% | 4.47%base rate |
| Ethereum ForexV4GHO · $0 | 3.62% | 4.47%base rate |
| X LayerGHO · $26.00 | 3.05% | 4.40% |
GHO: quick answers
What is the GHO borrow rate on Aave?
4.60% on Ethereum Core, where most GHO is borrowed. Aave governance sets the GHO rate, rather than supply and demand.
What is the GHO savings rate (sGHO)?
4.50% a year, paid on GHO deposited in savings. $228.5M is deposited right now.
How much GHO is borrowed?
$172.1M across 17 markets.