GHO (GHO) Price

GHO is a decentralized, overcollateralized stablecoin native to the Aave Protocol. Launched on July 15, 2023, it aims to maintain a 1:1 peg with the US dollar. Users can mint GHO on demand, subject to collateralization requirements and mint caps set by Aave governance. Its stability is underpinned by the Aave Protocol's market efficiencies and overcollateralization mechanisms. As of 2026-05-07, GHO has a circulating supply of 352.82M GHO tokens and a market cap of $353.52M. The current price is $1.0020, with a 24-hour trading volume of $9.83K. GHO is ranked #147 among all cryptocurrencies. It's primarily used for lending, borrowing, and as a stable store of value within the Aave ecosystem.

GHO was created on July 15, 2023. It operates on the Ethereum platform as an ERC-20 token. The cryptocurrency was developed by the Aave Protocol as a decentralized, over-collateralized stablecoin designed to maintain a value pegged to the U.S. dollar. GHO is minted by users on demand, subject to mint cap limitations set by Aave's governance. Its stability is maintained through market efficiencies and over-collateralization mechanisms inherent in the Aave Protocol. As of 2026-05-07, the total supply of GHO is 352.82M GHO, with a current market capitalization of $353.52M.

GHO was founded by the Aave team, led by Stani Kulechov, the CEO and founder of Aave. It is a decentralized, overcollateralized stablecoin native to the Aave Protocol. While there are no specific individual founders attributed to GHO, it was developed and launched as part of the Aave ecosystem. The concept and implementation of GHO came from the Aave team's vision to create a stablecoin that leverages the efficiency and security of the Aave Protocol. GHO was officially launched on July 15, 2023, after extensive development and community governance processes within the Aave ecosystem.

GHO works as a decentralized, over-collateralized stablecoin native to the Aave Protocol. Users can mint GHO on demand by supplying collateral assets that exceed the value of GHO to be created. The minting process is managed by Facilitators, which are entities approved by Aave governance to mint and burn GHO. When users want to create GHO, they deposit supported assets as collateral into the Aave Protocol. If the collateral value is sufficient, GHO is minted and sent to the user's wallet. The total supply of GHO is capped at 352.82M GHO tokens, as determined by Aave governance. To maintain its $1 peg, GHO utilizes market efficiencies and over-collateralization mechanisms within the Aave ecosystem. If the price deviates, arbitrage opportunities incentivize traders to buy or sell GHO to restore the peg. When users repay their GHO debt, the tokens are burned, reducing the circulating supply. This dynamic minting and burning process helps maintain GHO's stability and ensures it remains fully backed by collateral assets at all times. As of 2026-05-07, GHO has a market cap of $353.52M and is ranked 147 among cryptocurrencies. The current price is $1.0020, with a 24-hour trading volume of $9.83K.

GHO operates on the Ethereum blockchain as an ERC-20 token. Its technical architecture is based on a smart contract system called Facilitators, which manage the issuance and governance of GHO. Key components include: 1. Decentralized issuance: Users can mint GHO by providing collateral through approved Facilitators. 2. Over-collateralization: GHO is backed by excess collateral to maintain its peg. 3. DAO governance: The Aave community governs important parameters like interest rates and collateral types. 4. Price stability mechanisms: Algorithmic adjustments and arbitrage opportunities help maintain the 1:1 USD peg. 5. Transparent on-chain data: All GHO transactions and collateral are visible on the Ethereum blockchain. 6. Integration with Aave protocol: GHO leverages Aave's existing infrastructure for lending and borrowing. This architecture aims to create a decentralized, transparent, and capital-efficient stablecoin native to the Aave ecosystem. As of 2026-05-07, there are 352.82M GHO GHO tokens in circulation with a market cap of $353.52M.

GHO aims to expand its cross-chain presence and introduce innovative DeFi solutions in the coming years. The roadmap focuses on enhancing decentralized finance integration and launching new yield-generating products like sGHO, a staked version of GHO. By 2027, we expect GHO to be available on multiple blockchain networks beyond Ethereum. In 2028, GHO plans to introduce more advanced lending and borrowing features, further solidifying its position in the DeFi ecosystem. The team is also working on improving GHO's stability mechanisms and governance model. Looking towards 2031, GHO aims to become a leading decentralized stablecoin with widespread adoption across various DeFi protocols and real-world applications. The long-term vision includes developing GHO-based financial products and expanding into emerging markets. While specific price predictions are challenging, many analysts expect GHO to maintain its peg to the US dollar given its robust collateralization model. The success of GHO will likely be measured by its adoption rate, total value locked, and its impact on the broader DeFi landscape rather than price appreciation.

GHO is rising due to increased adoption in DeFi and growing demand for stablecoins. Its integration with Aave protocol and overcollateralized structure are attracting more users, driving up its value.

GHO is dropping due to a liquidity drain from its main pool, causing price volatility. Market dynamics and limited trading volume are contributing factors to the current price fluctuations.

GHO price could reach $1.1192 by 2027. Based on current trends and analysis, it may hit -- by 2031. However, cryptocurrency markets are highly volatile and unpredictable.

GHO reached $1.0020 by 2026-05-07. The price prediction was accurate. GHO is stable at its target value.

The current price of GHO (GHO) is $1.0020. As the #147 cryptocurrency by market cap, GHO has seen a +0.26% change in the last 24 hours with a trading volume of $9.83K.

The highest price GHO has ever reached is $1.6000.

The lowest price GHO has ever reached is $0.9203, recorded on September 17, 2025.

Currently, 1 GHO is worth $1.0020.

GHO is valuable for its stability as a decentralized, over-collateralized stablecoin native to the Aave Protocol. It maintains a peg to the US dollar, enabling reliable transactions and diverse DeFi applications while leveraging Aave's market efficiencies and collateralization mechanisms.

The circulating supply of GHO is 352.82M GHO. The total supply is also 352.82M GHO, indicating all minted tokens are in circulation as of 2026-05-07.

GHO mining profitability depends on hardware efficiency and electricity costs. With optimal equipment and low power rates, mining can be profitable. Market conditions and mining difficulty also impact potential returns.

GHO was officially launched on February 14, 2023. It operates on the Ethereum blockchain as an ERC-20 token.

Currently, one GHO costs $1.0020.

You can buy GHO through centralized or decentralized exchanges(Gate.com). Simply create an account, complete identity verification, deposit funds, and place an order to buy GHO at $1.0020.

To purchase GHO, create an account on a reputable cryptocurrency exchange(Gate.com), complete identity verification, deposit funds using bank transfer or card, navigate to GHO trading pair, enter purchase amount, and confirm your transaction. Store your GHO in a secure wallet for safekeeping.

Yes, GHO is considered safe and legitimate. It's built on a well-audited protocol with open-source technology and established security measures, including robust liquidation systems to maintain stability.