Snapshot
- Address
- https://aave.com/gho
- Captured
- 10 September 2026 at 12:16 UTC
- Content hash (SHA-256)
e88061e0913798ce135c92ed5601d25a30975faf3454d0f65e18b1219fe45f1d
This is the readable text of the page as it was captured. The full web archive (WARC) of the request and response is retained and can be produced on request.
GHO | Aave Skip to content
Products Solutions Developers Resources About
Use Aave
GHO + sGHO
Stable and saving
The Aave-native stablecoin, paired with onchain savings.
Save with sGHO Get GHO
GHO + sGHO
Backed by Aave. Built to save.
GHO is the Aave-native USD stablecoin. sGHO is the onchain savings layer that pays you for holding it.
Learn More
Safe by design
Every GHO is backed by more than $1 of crypto held inside Aave.
Earning by default
Hold GHO, deposit into sGHO, earn the savings rate.
Liquid on demand
Swap from USDC or USDT at 1:1, or borrow against your crypto.
Savings, the Aave way
A simple way to save your dollars in GHO.
Deposit GHO, hold sGHO, and earn the savings rate. No lockup, no minimum, no cooldown.
Save with sGHO
:host{display:inline-block;direction:ltr;white-space:nowrap;line-height:var(--number-flow-char-height, 1em) !important}span{display:inline-block}:host([data-will-change]) span{will-change:transform}.number,.digit{padding:round(nearest, calc(var(--number-flow-mask-height, 0.25em) / 2), 1px) 0}.symbol{white-space:pre} 0 . 0 0 % number-flow-react > span{font-kerning:none;display:inline-block;line-height:var(--number-flow-char-height, 1em) !important;padding:calc(round(nearest, calc(var(--number-flow-mask-height, 0.25em) / 2), 1px) * 2) 0} 0.00% current sGHO savings rate
Deposit GHO, get sGHO
One transaction. sGHO arrives ready to earn.
Earn the savings rate
Your sGHO earns yield paid in GHO, set by Aave governance.
Withdraw any time
Redeem sGHO for GHO whenever you want.
The sGHO Rate
A live, onchain savings rate.
Set by Aave governance. Moved by the market. Paid in GHO.
sGHO Savings Rate vs Benchmarks
sGHO
T-Bills
Savings Account
sGHO APY from on-chain data • T-Bill: 3-month secondary market rate • Savings: FDIC national avg
How the yield works
Borrowers pay, you earn.
Yield comes from borrower interest and stablecoin reserves. Aave governance sets the rate.
Learn More
About GHO
Aave's native dollar.
GHO is Aave's USD stablecoin — backed by crypto held in the protocol, with reserves always greater than supply.
:host{display:inline-block;direction:ltr;white-space:nowrap;line-height:var(--number-flow-char-height, 1em) !important}span{display:inline-block}:host([data-will-change]) span{will-change:transform}.number,.digit{padding:round(nearest, calc(var(--number-flow-mask-height, 0.25em) / 2), 1px) 0}.symbol{white-space:pre} 0 % number-flow-react > span{font-kerning:none;display:inline-block;line-height:var(--number-flow-char-height, 1em) !important;padding:calc(round(nearest, calc(var(--number-flow-mask-height, 0.25em) / 2), 1px) * 2) 0} 0% Total Backing
:host{display:inline-block;direction:ltr;white-space:nowrap;line-height:var(--number-flow-char-height, 1em) !important}span{display:inline-block}:host([data-will-change]) span{will-change:transform}.number,.digit{padding:round(nearest, calc(var(--number-flow-mask-height, 0.25em) / 2), 1px) 0}.symbol{white-space:pre} 0 M number-flow-react > span{font-kerning:none;display:inline-block;line-height:var(--number-flow-char-height, 1em) !important;padding:calc(round(nearest, calc(var(--number-flow-mask-height, 0.25em) / 2), 1px) * 2) 0} 0M GHO Total Supply
:host{display:inline-block;direction:ltr;white-space:nowrap;line-height:var(--number-flow-char-height, 1em) !important}span{display:inline-block}:host([data-will-change]) span{will-change:transform}.number,.digit{padding:round(nearest, calc(var(--number-flow-mask-height, 0.25em) / 2), 1px) 0}.symbol{white-space:pre} $ 0 M number-flow-react > span{font-kerning:none;display:inline-block;line-height:var(--number-flow-char-height, 1em) !important;padding:calc(round(nearest, calc(var(--number-flow-mask-height, 0.25em) / 2), 1px) * 2) 0} $0M Total Reserves
Get GHO
Two paths to GHO.
GHO is decentralized credit, issued through Aave. Borrow against crypto or swap stablecoins.
Swap stablecoins for GHO.
Swap USDC, USDT for GHO at 1:1 — free to redeem. Reserves earn yield for sGHO.
:host{display:inline-block;direction:ltr;white-space:nowrap;line-height:var(--number-flow-char-height, 1em) !important}span{display:inline-block}:host([data-will-change]) span{will-change:transform}.number,.digit{padding:round(nearest, calc(var(--number-flow-mask-height, 0.25em) / 2), 1px) 0}.symbol{white-space:pre} 0 . 0 0 % number-flow-react > span{font-kerning:none;display:inline-block;line-height:var(--number-flow-char-height, 1em) !important;padding:calc(round(nearest, calc(var(--number-flow-mask-height, 0.25em) / 2), 1px) * 2) 0} 0.00% Max swap fee
Swap GHO
Borrow against your crypto.
Deposit crypto into Aave, borrow GHO. Fixed rate, lower than USDC or USDT.
:host{display:inline-block;direction:ltr;white-space:nowrap;line-height:var(--number-flow-char-height, 1em) !important}span{display:inline-block}:host([data-will-change]) span{will-change:transform}.number,.digit{padding:round(nearest, calc(var(--number-flow-mask-height, 0.25em) / 2), 1px) 0}.symbol{white-space:pre} 0 . 0 0 % number-flow-react > span{font-kerning:none;display:inline-block;line-height:var(--number-flow-char-height, 1em) !important;padding:calc(round(nearest, calc(var(--number-flow-mask-height, 0.25em) / 2), 1px) * 2) 0} 0.00% Current borrow rate
Borrow GHO
GHO Deeper
For the curious.
How GHO is governed, measured, and built on.
Decentralized & Transparent
GHO is fully governed by the Aave DAO who votes on its development and future roadmap.
Learn More
Multi-collateral Backing
GHO is backed by multiple different assets supplied into the Aave Protocol.
Learn More
Build with GHO
With as few as 10 lines of code, you can easily integrate GHO payments into your app.
Learn More
Open a GHO Credit Line
Custom credit for treasuries, fintechs, non-bank lenders, and market makers building on GHO. We'll work with you on size, rate, and structure.
Contact Us
Get Started
Start saving in GHO.
Your stablecoins should earn. Now they can.
Save with sGHO
Earn the savings rate. Withdraw any time.
Save with sGHO
Get GHO
Swap USDC or USDT at a fixed rate.
Get GHO
Borrow GHO
Against ETH, wBTC, or other Aave collateral.
Borrow GHO
FAQs
What is GHO?
GHO is a decentralised, overcollateralised stablecoin that is fully backed, transparent, and native to the Aave Protocol.
The GHO Documentation is a comprehensive resource that explains the core mechanics of how the GHO stablecoin operates.
How do I mint GHO?
Borrowers and suppliers can mint GHO using assets they have supplied into V3 as collateral on Ethereum markets, while continuing to earn interests on their underlying assets.
How do I borrow GHO?
The GHO pool functions differently from existing assets, but borrowing it will work similarly as other available assets on the different markets in the protocol.
Supply Collateral
Borrow GHO
Repay GHO and Accrued Interest (real-time)
Repaid interest will be redirected to the DAO, rather than an asset supplier, contributing to the DAO treasury.
Which assets can be used as collateral to borrow GHO?
Assets that are available in the Aave Protocol can be used to back GHO. Initially, the Ethereum V3 pool will be the first facilitator to launch because of V3's extensive risk-mitigation features, including e-mode, isolation mode, and supply caps.
Who manages the GHO supply?
The Aave DAO manages the supply of GHO, the interest rates and determine risk parameters.
Show 5 More
Products
Aave App
Aave Pro
Aave V3
Solutions
Stable Vaults
Push
GHO + sGHO
Aave for Agents
Developers
Aave Kit
Documentation
Case Studies
Security
Bug Bounty
Resources
Blog
Brand
FAQs
Help & Support
Governance
Insights
Policy
About
Aave Labs
Careers
Contact
Press
Legal & Privacy
Legal Hub
Verify Contact
Manage Analytics
Aave.com provides information and resources about the fundamentals of the decentralised non-custodial liquidity protocol called the Aave Protocol, comprised of open-source self-executing smart contracts that are deployed on various permissionless public blockchains, such as Ethereum (the "Aave Protocol" or the "Protocol"). Aave Labs does not control or operate any version of the Aave Protocol on any blockchain network.