GHO on Aave Base

Gho Token (GHO) is listed on the Aave V3 Base market. Lenders have supplied $1.30M (1.30M GHO) and borrowers owe $1.18M, so 90.4% of the pool is lent out and $125K is left to borrow. The supply cap is 2% used.

Suppliers earn 5.32% a year, and variable-rate borrowers pay 6.58%. The rate follows utilization: up to 90% the borrow rate rises gently from 0.00% to 4.50%, and above that it climbs steeply to 54.50% when everything is lent out. At 90.4% now, the pool is above that point, so the rate can jump quickly if more is borrowed. Aave keeps 10% of the interest as its reserve factor.

GHO cannot be used as collateral on this market. The best GHO supply rate elsewhere on Aave is 4.05% on Monad. The cheapest place to borrow it is Ethereum Horizon at 3.30%. Compare GHO rates on every Aave market.

Among the 7 Aave markets with at least $1M of GHO supplied, this one pays the highest supply rate. A week ago suppliers earned 5.56% and borrowers paid 6.88%, with 90.4% of the pool lent out. Over the past 30 days, the supply rate ranged from 3.61% to 38.24%, and the borrow rate from 4.54% to 45.16% (one reading a day).