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Record sog_st_gho

GHOGHO

Also recorded as GHO, Aave GHO

Active
Lifecycle
Active
Issuance
Protocol-based
Reference target
US dollar
Primary organization
Aave DAO / Aave ProtocolNo additional recorded relationship
Launch
2023-07-15
Redemption
Protocol Redemption
Backing
Crypto-collateralized
Stabilization
Hybrid
Last review
2026-06-14
Evidence
4 source records

Reviewed assessment

Identity and current state

This summary reports reviewed facts and uncertainty. It is not a rating or recommendation.

USD-pegged stablecoin governed by the Aave DAO and issued through governance-approved facilitators. GHO began on Ethereum with the Aave V3 Ethereum and FlashMinter facilitators and later expanded through canonical bridge and GSM infrastructure.

NameGHO
SymbolGHO
AliasesGHO, Aave GHO
Asset classStablecoin
Lifecycle statusActive
Issuance statusProtocol-based
Canonical record IDsog_st_gho
Route sluggho
Record confidenceHigh
Last reviewed2026-06-14
Name
GHO
Symbol
GHO
Aliases
GHO, Aave GHO
Asset class
Stablecoin
Lifecycle status
Active
Issuance status
Protocol-based
Canonical record ID
sog_st_gho
Route slug
gho
Record confidence
High
Last reviewed
2026-06-14
Record coverage
SectionEntries
Organizations1
Sources4
Reserve reports0
Reserve components2
Model-history events1
Regulatory notes0
Deployments1
Issuer-control actions0
Open questions2
Events1
Organizations and control

Primary display is a navigation and summary choice only. It does not replace other organizations or imply sole legal responsibility, operational control, reserve custody, or historical continuity.

Governance
DAO Governed
Primary display organization
Aave DAO / Aave Protocol
Primary display role
Protocol operator
Display selection mode
Deterministic Policy
Current relationships
1
Ended relationships
0
Unknown relationship state
0
Freeze capability
0 recorded yes · 0 recorded no · 1 not recorded
Blacklist capability
0 recorded yes · 0 recorded no · 1 not recorded
Deployment control-event references
0
Observed issuer-control events
0
Relationship coverage
1 recorded relationship
All current, ended, and unknown-state organization relationships
OrganizationOrganization categoryRegulatory characterJurisdictionRoleDisplay priorityFromUntilRelationship status
Aave DAO / Aave ProtocolDAO or governance bodyProtocol or decentralized systemUnknown or not publicly resolvedProtocol operatorPrimary display2023-07-15Not yet recordedActive relationship
DAO or governance body

Aave DAO / Aave Protocol

Primary display
Functional role
Protocol operator
Relationship status
Active relationship
Regulatory character
Protocol or decentralized system
Jurisdiction
Unknown or not publicly resolved
From
2023-07-15
Until
Not recorded

Mechanism

How the asset works

Reference, backing, stabilization, exit, valuation, and yield remain separate facts.
Reference target
US dollar
Reference kind
Fiat
Comparison category
US dollar
Target value
1
Reference methodology
GHO targets one U.S. dollar through Aave DAO-governed facilitator capacity, borrowing demand, liquidity, and stability modules.
Public backing model
Crypto-collateralized
Canonical backing types
Crypto Collateral, Stablecoin Collateral, Mixed
Reserve component categories
Crypto Collateral, Stablecoin Collateral
Primary stabilization mechanism
Hybrid
Recorded model description
Aave Facilitator Based Overcollateralized
Redemption / exit model
Protocol Redemption
Valuation source
GHO market price and DAO-governed stability mechanisms
Yield / rebase profile
No recorded change · Accrual: No recorded change
Classification notes
Aave-native facilitator-issued stablecoin. Borrower repayment, GSM conversion, canonical bridging, and secondary-market exit are distinct mechanisms.

Reserve and redemption

Reserve and redemption

Recorded components, disclosures, reports, and redemption conditions remain explicit.

Reserve components

  • Crypto collateralCrypto Collateral
  • Stablecoin collateralStablecoin Collateral
Reserve profile
Disclosure statusProtocol and Governance Transparent
Backing typesCrypto Collateral, Stablecoin Collateral, Mixed
SummaryGHO supply is created by Aave DAO-approved facilitators with governance-set bucket capacities. The original Aave V3 Ethereum facilitator mints GHO against collateral supplied to the market; other approved facilitators and stability modules can use distinct backing or conversion designs.
As of2026-06-14
Profile confidenceHigh
Disclosure status
Protocol and Governance Transparent
Backing types
Crypto Collateral, Stablecoin Collateral, Mixed
Summary
GHO supply is created by Aave DAO-approved facilitators with governance-set bucket capacities. The original Aave V3 Ethereum facilitator mints GHO against collateral supplied to the market; other approved facilitators and stability modules can use distinct backing or conversion designs.
As of
2026-06-14
Profile confidence
High
Redemption profile
Current statusProtocol Based
Settlement assetBorrower collateral release, GSM-supported assets, canonical bridge output, or secondary-market assets
Eligible partiesUsers of supported Aave markets, approved facilitator interfaces, GHO Stability Modules, canonical bridges, or secondary markets, subject to current protocol parameters.
Retail accessProtocol or Market Based
Institutional accessProtocol or Market Based
Minimum amountProtocol-, module-, liquidity-, and transaction-dependent.
FeeBorrow interest, GSM fees or spread, bridge costs, liquidity slippage, and gas may apply.
Settlement timeProtocol-, module-, bridge-, and network-dependent.
Regional limitsAccess depends on supported Aave markets, facilitator capacity, bridge state, GSM inventory, interfaces, and current governance parameters.
Current status
Protocol Based
Settlement asset
Borrower collateral release, GSM-supported assets, canonical bridge output, or secondary-market assets
Eligible parties
Users of supported Aave markets, approved facilitator interfaces, GHO Stability Modules, canonical bridges, or secondary markets, subject to current protocol parameters.
Retail access
Protocol or Market Based
Institutional access
Protocol or Market Based
Minimum amount
Protocol-, module-, liquidity-, and transaction-dependent.
Fee
Borrow interest, GSM fees or spread, bridge costs, liquidity slippage, and gas may apply.
Settlement time
Protocol-, module-, bridge-, and network-dependent.
Regional limits
Access depends on supported Aave markets, facilitator capacity, bridge state, GSM inventory, interfaces, and current governance parameters.
Reserve and attestation history
DatePublisherTypeAssets coveredRecord confidence
No reserve reports have been added yet.

No reserve reports have been added yet.

Evidence

Evidence

Publisher, provenance, supported claims, archive state, reliability, and publication date remain separate.
4 source identities · 4 evidence relations
SourcePublisherSource categoryProvenancePrimary or secondarySupported claimsArchiveReliability
GHO Mainnet Launch
Published 2023-07-15
Aave GovernanceGovernance record
Canonical: Governance Proposal
Governance primary sourcePrimary sourceGho Mainnet Launch and Initial FacilitatorsNo archive recordedHigh
GHO Facilitators
Published Not yet recorded
AaveOfficial documentation or product page
Canonical: Protocol Docs
Subject-controlled sourcePrimary sourceGho Facilitator Supply and Bucket Mechanics, Gho Aave V3 Ethereum FacilitatorNo archive recordedHigh
GHO Stability Module
Published Not yet recorded
AaveOfficial documentation or product page
Canonical: Protocol Docs
Subject-controlled sourcePrimary sourceGho Stability Module Conversion MechanicsNo archive recordedHigh
Bridging GHO
Published Not yet recorded
AaveOfficial documentation or product page
Canonical: Protocol Docs
Subject-controlled sourcePrimary sourceGho Canonical Bridge and Remote Deployment DesignNo archive recordedHigh

Known unknowns

Known unknowns and coverage

Missing or disputed facts remain visible instead of being converted into certainty.
Open questions
TopicWhat remains unclearValue statePriorityLast checked
Current Facilitator Inventory and Bucket CapacityThe complete current list of GHO facilitators, bucket capacities, supported backing routes, and active remote deployments has not yet been normalized into a dated SOG snapshot.Unknown after reviewMedium2026-06-14
Canonical Ethereum Contract AddressThe canonical GHO Ethereum token address has not yet been extracted and pinned from the maintained Aave address-book source in this record.Unknown after reviewHigh2026-06-14

Current Facilitator Inventory and Bucket Capacity

The complete current list of GHO facilitators, bucket capacities, supported backing routes, and active remote deployments has not yet been normalized into a dated SOG snapshot.

Value state
Unknown after review
Priority
Medium
Last checked
2026-06-14

Canonical Ethereum Contract Address

The canonical GHO Ethereum token address has not yet been extracted and pinned from the maintained Aave address-book source in this record.

Value state
Unknown after review
Priority
High
Last checked
2026-06-14

Lifecycle

History

Current classification remains separate from dated changes and incidents.

Model and lifecycle changes

  1. Aave DAO launches GHO on EthereumMigration
Event timeline
DateEventCategorySubtypeStatus effectRecovery
2023-07-15Aave DAO launches GHO on EthereumLaunch and introductionLaunchRemained activeNot applicable

Related records and corrections

Corrections and further reading

Open connected records, methodology, machine-readable data, or report a correction.