GHO is a decentralised, over-collateralised stablecoin native to the Aave Protocol.
Conversions through the GHO Stability Module carry a percentage fee that goes to the Aave DAO treasury.
“Each GSM instance has a FeeStrategy contract that determines a percentage fee for buy and sell conversions that is allocated to the Aave DAO treasury.”✓ Quote found word for word in the latest snapshotGHO relies on over-collateralisation in the Aave Protocol and market mechanisms to hold its value.
“Its stability is maintained through market efficiencies and over-collateralisation mechanisms inherent in the Aave Protocol.”✓ Quote found word for word in the latest snapshotOnly facilitator contracts approved by Aave Governance can mint and burn GHO, each within a governance-set cap.
“Facilitators are contracts approved by Aave Governance with the ability to mint and burn GHO, each subject to a governance-defined mint cap.”✓ Quote found word for word in the latest snapshotIf GHO trades outside $0.995–$1.005 on a 30-day average, the GHO Stewards may adjust the borrow rate by up to 500 bps per two days, to at most 25% APR.
“If the trailing 30-day average price of GHO stays outside a $0.995 - $1.005 price range, the GHO Stewards are able to adjust the Borrow Rate no more than 500bps per 2-day period, up to a maximum 25% APR.”✓ Quote found word for word in the latest snapshot| Tokens in circulation | 699,000,000 GHO |
| Contract code can be replaced (proxy) | Not detected by our standard checks |
| Source | Last checked | Status | Versions | Last changed | SHA-256 |
|---|---|---|---|---|---|
| Product documentation | 24 Oct 2026, 13:53 UTC | Archived | 1 | — | 1e03951d…e39152 ⏱ |
| Contract addresses | 24 Oct 2026, 13:53 UTC | Archived | 1 | — | aed7750b…a5d488 ⏱ |
These questions have no answer in the documents we archive. That is a gap, not a verdict.
Who owes the holderHolder rightsRegulator / licenceGoverning law and disputesRedemption for moneyWho may redeemWhen redemption can be suspendedCustodyAttestation and its scopeFreezing and blockingUpgrading the contract