GHO on Aave Plasma

Gho Token (GHO) is listed on the Aave V3 Plasma market. Lenders have supplied $21.13M (21.13M GHO) and borrowers owe $18.36M, so 86.9% of the pool is lent out and $2.77M is left to borrow. The supply cap is 42% used.

Suppliers earn 3.83% a year, and variable-rate borrowers pay 4.66%. The rate follows utilization: up to 92% the borrow rate rises gently from 1.25% to 4.75%, and above that it climbs steeply to 21.25% when everything is lent out. At 86.9% now, the pool is below that point. Aave keeps 5% 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 5.29% 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 3rd highest supply rate. Its borrow rate is the 5th lowest of the 6 markets with at least $250K of GHO to lend. A week ago suppliers earned 2.79% and borrowers paid 4.09%, with 72.4% of the pool lent out. Over the past 30 days, the supply rate ranged from 2.72% to 22.37%, and the borrow rate from 4.04% to 23.68% (one reading a day).