GHO on Aave Ethereum Horizon

Gho Token (GHO) is listed on the Aave V3 Ethereum Horizon market on Ethereum. Lenders have supplied $60.12M (60.12M GHO) and borrowers owe $10.35M, so 17.2% of the pool is lent out and $39.65M is left to borrow. The supply cap is full, so no new deposits are accepted.

Suppliers earn 0.50% a year, and variable-rate borrowers pay 3.30%. The rate follows utilization: up to 99% the borrow rate rises gently from 3.25% to 3.25%, and above that it climbs steeply to 3.25% when everything is lent out. At 17.2% now, the pool is below that point. 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 5.32% on Base. The cheapest place to borrow it is Mantle at 3.55%. Compare GHO rates on every Aave market.

Among the 7 Aave markets with at least $1M of GHO supplied, this one pays the 6th highest supply rate. Its borrow rate is the lowest of the 6 markets with at least $250K of GHO to lend. A week ago suppliers earned 0.50% and borrowers paid 3.30%, with 17.2% of the pool lent out. Over the past 30 days, the supply rate ranged from 0.50% to 1.50%, and the borrow rate held at 3.30% (one reading a day).