GHO (GHO)
Rank #210
Market snapshot
- Price
- $0.998914
- Market cap
- $698.2M
- 24h volume
- $6.3M
- Circulating supply
- 699,000,000
- Total supply
- 699,000,000
- Max supply
- N/A
What is GHO?
GHO is Aave's USD stablecoin. It is backed by crypto held in the protocol, with reserves always greater than supply. GHO aims to provide a stable value in the cryptocurrency market.
Key information
- Symbol
- GHO
- CMC rank
- #210
- Network / platforms
Ethereum
- Categories
- N/A
- Date added
- Feb 14, 2023
Contract address
Contract addresses are stored from CoinMarketCap metadata and are shown as recorded. CoinLoom does not independently certify them as official.
Ethereum
0x40D16FC0246aD3160Ccc09B8D0D3A2cD28aE6C2f
Key characteristics
GHO is a decentralized and overcollateralized stablecoin. It is backed by multiple different assets supplied into the Aave Protocol. Assets available in the Aave Protocol can be used to back GHO. Aave operates as a decentralized non-custodial liquidity protocol where users can participate as suppliers or borrowers.
Official resources
Risks
Digital asset prices can be volatile and can change materially. Users should verify the contract address and network before transferring assets. Self-custody requires secure private-key and recovery-phrase handling. Centralized platforms can involve operational, custody, and counterparty risk. Availability and regulatory treatment can vary by jurisdiction. Transaction finality and reversibility can differ by network.
Transfer and custody notes
Verify the asset name, network, and any supplied contract details before transferring. Verify destination address and network before sending assets. Review the custody method, including self-custody versus a third-party platform. Understand that transfers may be irreversible and that CoinLoom does not confirm exchange availability.
FAQ
- What is GHO?
- GHO is a stablecoin that operates on the Ethereum network, designed to maintain a stable value.
- What are the technical characteristics of GHO?
- GHO is a decentralized and overcollateralized stablecoin backed by multiple assets within the Aave Protocol.
- What are the risks associated with transferring GHO?
- Digital asset prices can be volatile. Users should verify the contract address and network before transferring assets.
- How can I verify the acquisition of GHO?
- Verify the asset name, network, and contract details before transferring. Ensure the destination address is correct.
- Where can I find official resources for GHO?
- Official resources for GHO can be found on the Aave website and their technical documentation.
