Profile
GHO profile facts
GHO (GHO) static profile: governance model CeFi-Dependent; backing model Crypto-Collateralized; peg US Dollar.
- Collateral
- Any Aave V3 Ethereum market collateral asset (ETH, wBTC, USDC, USDT, and others), overcollateralized per Aave's risk parameters
- Peg mechanism
- Overcollateralized minting via the Aave V3 facilitator model; live GSM redemption is centered on yield-bearing stability modules such as stataUSDC and stataUSDT, with steward-managed facilitator limits reinforcing the peg
- Jurisdiction
- Not disclosed in the static profile.
- Proof of reserves
- No proof-of-reserves entry in the static profile.
Source: Pharos registry profile fields. Live price, supply, reserve, liquidity, event, and safety data load in the interactive dossier on this page.
GHO quick answers
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What is GHO?
GHO is Aave's decentralized dollar stablecoin, minted by borrowing against any Aave V3 collateral, with peg defended by stablecoin-backed stability modules. The static profile records its US Dollar peg mechanism as: Overcollateralized minting via the Aave V3 facilitator model; live GSM redemption is centered on yield-bearing stability modules such as stataUSDC and stataUSDT, with steward-managed facilitator limits reinforcing the peg.
Is GHO safe?
As of Oct 24, 2026, Pharos grades GHO B- (67/100) on its Safety Score. Pharos's reviews record that freeze exposure is inherited through upstream collateral, custody or wrappers, and any holder can use its reviewed redemption route. That grade is in the Score's upper band, which does not rule out losses. The grade moves as reserve, redemption, peg and control evidence changes; the live Safety Score on this page shows the current reading.
What backs GHO?
Pharos records GHO's reserves as of Sep 30, 2026 as 41.6% GhoDirectFacilitator GSMs Mainnet, 19.3% CoreGhoDirectMinter, 8.4% HorizonGhoDirectMinter, and 6 smaller holdings. Reserve evidence: live reserve feed configured. Pharos classifies the backing as Crypto-Collateralized.
Can GHO be frozen or blacklisted?
Based on tracked contract metadata and blacklist coverage, freeze exposure is inherited through upstream collateral, custody, or wrapper dependencies.
How do you redeem GHO?
Under the route Pharos reviewed on Apr 4, 2026, any holder can redeem GHO for USDC and USDT. Redemption settles atomically on-chain. The reviewed redemption fee is 0.1%. Whether a given holder qualifies is set by the route's own terms, not by this summary.
