STABLECOIN / USD
GHO
GHO, issued by Aave DAO. Governance-managed collateralized stablecoin.
Supply snapshot: 2026-09-14. API captured 2026-09-14 12:10:59 UTC. Price-update time is not supplied by the provider. Selected document fields reviewed 2026-09-12; other fields need review.
OVERVIEW
What is GHO?
GHO (GHO) is a USD-denominated governance-managed collateralized stablecoin stablecoin associated with Aave DAO. This profile separates a market snapshot dated 2026-09-14 from issuer-document reviews.
ISSUER / OPERATORAave DAO
BACKING MODELFacilitator-specific backing; Aave borrowing uses excess collateral
REDEMPTION ROUTEMarket + protocol mechanisms
DOCUMENT REVIEW / 2026-09-12
What the sources establish.
Follow the facilitator, not only the token symbol
Aave describes collateral-backed borrowing as one GHO issuance path. Its facilitator documentation also covers the stability module, cross-chain facilitator and flashmint mechanism, each governed by assigned parameters. A single bank-reserve label cannot describe these paths. Current capacity, collateral composition and live backing ratios were not independently measured in this review.
Read the source ↗01 / ISSUER & STRUCTURE
What supports the unit.
- ISSUER
- Aave DAO Not field-reviewed
- UNIT
- USD Not field-reviewed
- RESERVE / COLLATERAL
- Facilitator-specific backing; Aave borrowing uses excess collateral Source · 2026-09-12 ↗
- YIELD PROFILE
- No Not field-reviewed
- ATTESTATION
- Onchain accounting Not field-reviewed
- REGULATORY POSTURE
- DAO-governed Not field-reviewed
- REDEMPTION
- Market + protocol mechanisms Not field-reviewed
02 / INTERPRETATION
How to read this record.
Only fields with their own dated source link were checked in the latest document review. Other descriptions remain historical reference material, even when a general source link is available.
Market cap is estimated as dated token supply multiplied by the USD price captured from the API. The two inputs are not guaranteed to be simultaneous. Supply change compares exact 30-day history points in token units, not dollar value or investment return. Network counts include tracked bridges.
03 / QUESTIONS
Common questions about GHO.
What is GHO?
GHO (GHO) is a USD-denominated governance-managed collateralized stablecoin stablecoin associated with Aave DAO. This profile separates a market snapshot dated 2026-09-14 from issuer-document reviews.
Who issues GHO?
The Stablrcoin record identifies Aave DAO as the issuer, operator or governing organization associated with GHO. The exact legal role can differ between company-issued tokens and decentralized protocols, so the linked primary source remains authoritative.
What backs GHO?
The directory describes the reserve or collateral model as Facilitator-specific backing; Aave borrowing uses excess collateral. That field has a dated source in the document review from 2026-09-12.
Can GHO be redeemed?
The recorded redemption route is: Market + protocol mechanisms. The route has not been individually verified in the latest document review. Eligibility, minimums, settlement windows and fees can still depend on the issuer, account type and jurisdiction.
Does GHO pay yield?
The listed yield profile is No. Yield from a separate wrapper, savings product or protocol position is not the same as yield built into the stablecoin itself and can introduce additional risks.