GHO
GHO Rank #98Price chart
What is GHO?
Launch and governance
Aave Labs proposed GHO in July 2022. The stablecoin launched on Ethereum in July 2023. Its core token contract follows the ERC-20 standard. Aave Governance approves the contracts allowed to create and destroy GHO. Each facilitator receives a defined issuance capacity that governance can adjust.
Collateralized borrowing
The Aave V3 Ethereum market is a primary GHO facilitator. Users supply eligible assets and borrow newly minted GHO against their collateral. Borrowing limits reflect the lending market's risk settings. Debt accrues interest, and insufficiently collateralized positions can be liquidated. Interest from GHO borrowing is directed to the Aave DAO treasury.
Supply and peg tools
Repayment removes the corresponding GHO principal from circulation. Additional facilitators can introduce different approved routes for issuance. The GHO Stability Module exchanges accepted stablecoins with GHO under its configured pricing and capacity rules. Cross-chain infrastructure extends access beyond the original Ethereum deployment. Outstanding supply follows facilitator activity and caps rather than a predetermined token release schedule.
Where to trade GHO
15 exchanges · top 10
Live spot quotes from connected exchanges
GHO funding rates
Live perpetual funding on every connected exchange. Positive = longs pay shorts.
Contracts & chains
Exact contract or mint per network — the identity layer used for DEX routing.
On-chain routes
Networks with a connected DEX routing adapter.