Stablecoin profileLIVE

GHO (Aave) stablecoin

In short: GHO is a USD-pegged stablecoin issued by the decentralised Aave protocol. No token-level authorisation identified in the official registers checked. Below: live peg deviation, peg history, issuer, backing and FAQ.

Issuer profile → Aave

Live peg LIVE

$0.9984Peg target: $1.0000 (USD)Watch

Deviation: -16.1 bps (-0.16%) · Market cap: $697.9M

Sources: CoinGecko, DefiLlama · CoinGecko ↗ · Median of the available sources, refreshed in your browser. A deviation here is not a confirmed depeg.

Token legal status

GHOOther stablecoins

(1) Entity licence / registration

No entity licence record captured by StableRadar.

(2) Authorisation to issue this token

No authorisation to issue this stablecoin identified in official registers as of 27 Oct 2026. Registers checked: NYDFS Greenlist, ESMA EMT register, JFSA, HKMA, CNAD, OCC

(3) Applicable law

—

Token legal status last checked: 27 Oct 2026

Issuer & legal entity

IssuerAave

Legal entityNone identified (decentralised protocol)

HeadquartersDecentralized

Backing mechanismCrypto-collateralized

Reserve mixAave collateral

Reserves & attestationOn-chain aave.com ↗

CustodySmart contracts

RedemptionProtocol

No licences or registrations are on record for Aave in StableRadar’s data.

Transparency Score (issuer)

Transparency Score

Weighted from public, sourced inputs · 88% of inputs available

Not legal advice; algorithmic assessment from public sources.

Our opinion based on public data as of 12 Nov 2026. Not a regulatory decision or a credit rating.

Issuer profile → Aave

GHO peg history

Max deviation from the peg, time spent outside ±50 / ±100 bps and derived events per window. 24h: CoinGecko 5-minute prices; 7d, 30d, 90d: hourly; 1y: daily. Cached at build time.

Favourites	Coin	Peg	Trend	Max \|dev\|	Low	>±50 bps	>±100 bps	Events	Details
	GHO	USD		−29.1 bps	0.9971	0	0	0

Source: CoinGecko ↗, DefiLlama ↗ · market data cached 13 Nov 2026, 11:28 UTC. Aggregated prices can move on thin markets; a deviation here is not a confirmed depeg.

GHO supply by chain

Current circulating supply per chain from the DefiLlama stablecoins API (cached at build time). Per-chain or DEX prices are not shown: no free source covers them reliably.

Chain	Supply	Share of supply
Ethereum	$253.1M	94.2%
Plasma	$5.4M	2.0%
Monad	$4.2M	1.6%
Ink	$2.8M	1.0%
Arbitrum	$1.2M	0.4%
Mantle	$777,828	0.3%
Base	$765,504	0.3%
Avalanche	$402,157	0.1%
Gnosis	$19,974	0.0%
X Layer	$123	0.0%

Source: DefiLlama ↗

FAQ about GHO

What is GHO (Aave)?

GHO is a stablecoin pegged to the US dollar. Issuer: Aave. Backing (as described in our data): Crypto-collateralized.

Who issues GHO?

GHO is issued by the Aave protocol, a decentralised protocol; StableRadar’s data identify no legal issuing company. No licences or registrations are on record for Aave in StableRadar’s data.

Is GHO authorised under MiCA or another stablecoin regime?

No authorisation to issue GHO was identified in the official registers StableRadar checked (NYDFS Greenlist, ESMA EMT register, JFSA, HKMA, CNAD, OCC; last checked 27 Oct 2026). This does not mean the coin or issuer is unlawful, unlicensed or unsafe.

Is GHO safe?

StableRadar does not say whether a coin is safe and does not give investment advice. In our opinion, based on public data as of 12 Nov 2026, the issuer Aave has a Transparency Score of 36/100. This is not a regulatory decision or a credit rating. The live peg deviation and the official register links are on this page.

How is GHO backed?

Model: Crypto-collateralized. Reserve mix: Aave collateral. Attestation: On-chain.

Informational only: not legal, investment or compliance advice. Company statements are marked “per company”.

Live prices: 13 Nov 2026, 12:43 UTC · Issuer reference data reviewed: 26 Oct 2026 (later changes are dated on each row) · Sources: Issuer disclosures (Aave), DefiLlama · GHO, CoinGecko · GHO, DefiLlama · Ethereum stablecoins