---
title: "Aave Umbrella stkGHO (stkGHO.v1) Stablecoin Analytics"
canonical: "https://pharos.watch/stablecoin/stkgho-umbrella-aave/"
description: "Build-time stablecoin profile for Aave Umbrella stkGHO (stkGHO.v1). Live price, supply, peg, liquidity, and flow data are served by the Pharos API."
dateModified: "2026-05-15"
---



# Aave Umbrella stkGHO (stkGHO.v1)

**Peg:** US Dollar

**Backing:** Crypto-Collateralized

**Governance:** CeFi-Dependent

**Status:** active

## Overview

a slashable GHO staking receipt that absorbs Aave bad-debt deficits, distinct from passive savings GHO. Aave Umbrella stkGHO is the slashable GHO staking receipt for Aave's upgraded safety module. It is backed by GHO, but unlike liquid GHO or simple savings GHO, holders accept Umbrella-specific cooldowns, withdrawal windows, and automated {{term:liquidation}}liquidation{{/term}} if covered GHO deficits occur. That makes it a distinct loss-absorption asset rather than a plain yield venue on the base {{term:cdp}}CDP{{/term}} stablecoin, with the underlying GHO still relying on {{term:overcollateralization}}overcollateralization{{/term}}.

## Collateral

GHO staked into Aave Umbrella as a slashable safety-module asset covering GHO deficits; holders earn Umbrella rewards while accepting cooldown and automated slashing risk

## Peg Mechanism

ERC-4626-style staking receipt over GHO with 1:1 convertToAssets under normal conditions; unstaking requires Aave Umbrella cooldown and withdrawal-window mechanics, and deficit events can reduce redeemable value through slashing

## Contracts

| Chain | Address | Decimals |
| --- | --- | --- |
| ethereum | `0x4f827a63755855cdf3e8f3bcd20265c833f15033` | 18 |

## Live Data

Real-time price, supply, peg score, liquidity, and flow data live at https://api.pharos.watch/api/stablecoin/stkgho-umbrella-aave.