GHO is Aave's native decentralized stablecoin, minted against collateral deposited in Aave V3. Features dynamic interest rates set by governance and discounts for stkAAVE holders. Deeply integrated with the Aave ecosystem.
Market Cap
$527.3M
Peg Deviation
+0.023%
Regulatory Grade
C+
Regulatory Score
58/100
Issuer & Reserve Details
Issuer
Aave DAO
Issuer Type
Decentralized DAO
Treasury Transparency
On-Chain
Backing Type
Crypto-Collateralized
Reserve CompositionMinted against Aave V3 collateral (ETH, WBTC, and all Aave-supported assets). Over-collateralized. Interest rate set by Aave governance. stkAAVE holders get discount.
Peg MechanismOver-collateralized minting via Aave V3. Facilitators (approved minters) manage supply. Arbitrage + interest rate adjustments maintain peg.
Regulatory Scorecard
Reserve CompositionCrypto-collateralized (not GENIUS compliant)
Partial11/20
Audit & TransparencyReal-Time (On-Chain) audits by OpenZeppelin, Certora, SigmaPrime
Partial15/20
Redemption RightsCrypto-only redemption
Partial11/15
Issuer LicensingNo traditional license (DAO)
Non-Compliant2/15
Consumer ProtectionConsumer protections in place
Partial9/15
CLARITY ClassificationCrypto-backed — not a permitted payment stablecoin
Partial10/15
Reserve Assets
Overcollateralized Crypto
Audit Frequency
Real-Time (On-Chain) by OpenZeppelin, Certora, SigmaPrime
Redemption
Instant (On-Chain)
License
DAO / No License
Classification
Crypto-Collateralized
Backing Ratio
150%
Top Yields for GHO
Source: DeFiLlama
| Platform | Chain | Type | Yield Source | APY | TVL | Safety | Links |
|---|---|---|---|---|---|---|---|
 blackhole-clmm |  Avalanche | DeFi | Unknown | 18.08% | $1.2M | D · 51 | |
 uniswap-v4 |  Ethereum | DeFi | Unknown | 7.50% | $999,874 | C · 56 | |
uniswap-v4 | Ethereum | DeFi | Unknown | 6.33% | $599,739 | C · 56 | |
 stake-dao | Ethereum | DeFi | Unknown | 6.20% | $1.8M | C · 60 | |
 aave-v3 Multiple Audits | Ethereum | DeFi | Lending | 5.88% | $252.2M | A · 98 | |
 fx-protocol | Ethereum | DeFi | Unknown | 5.80% | $128,081 | C · 56 | |
 fluid-lending |  Arbitrum | DeFi | Unknown | 5.72% | $2.8M | C · 58 | |
stake-dao | Ethereum | DeFi | Unknown | 5.27% | $354,606 | C · 56 |
Audit & Attestation History
No audit records available
Disclaimer: Compliance scores are for informational purposes only and do not constitute financial or legal advice. Regulatory scores are based on the GENIUS Act (S.1582) and CLARITY Act (H.R.3633) frameworks using publicly available information. The GENIUS Act takes effect no later than January 18, 2027. Always conduct your own research.
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