GHO token
Overview
GHO is a decentralized, over-collateralized stablecoin pegged to the US dollar, issued by the Aave Protocol. It is minted when users deposit approved collateral (e.g., aTokens) into the GHO smart contract and can be borrowed against interest. The stablecoin is used within DeFi for lending, borrowing, and payments, with its supply managed by designated Facilitators.
Within the DeFi Intel graph, GHO connects to 12 tracked entities, most strongly to Ethereum, Aave, Ethereum.
Relations
Top connections in the DeFi Intel knowledge graph (confidence-weighted, 10 of 12 total).
| Relation | Connected entity | Confidence |
|---|---|---|
deployed_on | Ethereum | 95% |
issued_by | Aave | 95% |
deployed_on | Ethereum | 95% |
issued_by | Aave Dao | 95% |
issued_by | Aave Companies | 95% |
uses_infra | Chainlink Ccip | 95% |
backed_by | USD Coin | 90% |
backed_by | Ether (ETH) | 90% |
backed_by | Lido Staked ETH | 90% |
backed_by | Sgho | 90% |
Frequently asked questions
What is GHO?
GHO is a decentralized stablecoin native to the Aave Protocol, designed to maintain a 1:1 peg with the US dollar through over-collateralization and algorithmic mechanisms.
How is GHO minted?
GHO is minted by users who deposit approved collateral (such as aTokens from Aave) into the GHO contract; the minted amount is determined by the collateral value and a stability fee (interest rate).
What mechanisms help maintain GHO's peg?
GHO uses a combination of over-collateralization, an interest rate model that adjusts based on supply/demand, and a GHO Stability Module that allows users to swap GHO for a specific underlying asset (like USDC) to arbitrage price deviations.
What is GHO connected to?
In the DeFi Intel knowledge graph, GHO is linked to 12 other tracked entities, most strongly to Ethereum, Aave, Ethereum.
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