GHO

Aave's native CDP-issued stablecoin, minted against assets supplied as collateral on Aave v3.

GHO went live on Ethereum in 2023; the borrow rate is set by Aave governance (not market-driven), with discounts for stkAAVE holders. Cross-chain GHO uses Chainlink CCIP for canonical bridging.

See on StableLens

/stablecoins/GHO — live data, risk grade, and methodology citation.

Related terms

AaveDecentralised lending market — the largest by TVL — with stablecoin supply and borrow markets across 12+ chains.
CDP (collateralised debt position)A user-opened debt position backed by crypto collateral — the issuance mechanism for DAI, LUSD, GHO, crvUSD.
stkAAVEAAVE staked in the Aave Safety Module — provides backstop capital in case of protocol shortfall, earning emissions in return.