GHO on Aave Monad

Gho Token (GHO) is listed on the Aave V3 Monad market. Lenders have supplied $9.09M (9.09M GHO) and borrowers owe $8.19M, so 90.1% of the pool is lent out and $901K is left to borrow. The supply cap is 15% used.

Suppliers earn 4.05% a year, and variable-rate borrowers pay 5.02%. The rate follows utilization: up to 92% the borrow rate rises gently from 0.00% to 5.00%, and above that it climbs steeply to 25.00% when everything is lent out. At 90.1% now, the pool is below that point. Aave keeps 10% of the interest as its reserve factor.

GHO counts as collateral here: you can borrow up to 75% of its value, and a loan is liquidated once it reaches 78%, with a 7.5% penalty. The best GHO supply rate elsewhere on Aave is 5.29% on Base. 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 2nd highest supply rate. Its borrow rate is the 6th lowest of the 6 markets with at least $250K of GHO to lend. A week ago suppliers earned 3.52% and borrowers paid 4.68%, with 84.1% of the pool lent out. Over the past 30 days, the supply rate ranged from 2.62% to 12.96%, and the borrow rate from 4.03% to 15.21% (one reading a day).