$0.9995+0.05% 24hThe GHO price in context
The GHO price and market statistics (cap, volume, supply) come from the CoinGecko aggregator — GHO has no USDT pair on Binance, so the price here does not stream live but refreshes every few minutes. The period change is measured from the first point of the selected range.
The complete ranking lives on the crypto prices page.
About GHO
GHO is a dollar stablecoin issued in 2023 by the Aave protocol. It is not created by depositing dollars at a bank but by minting against collateral held in Aave: a borrower must post crypto assets worth more than the amount borrowed, and a fall below the threshold triggers liquidation.
The model matches DAI from the Sky protocol, with one difference: interest on minted GHO goes entirely to the Aave treasury rather than liquidity providers. Holders of staked AAVE also receive a minting discount, which is how the protocol links its stablecoin to its own token.
The risk differs from dollar-backed stablecoins: it does not depend on one issuer but on collateral quality, working liquidations and correct oracle prices. In its first year the peg repeatedly sat slightly below parity until parameter changes brought it back.