GHO
Auto-generated score, not yet verified against the scoring model. Under review — treat as indicative, not a verdict.
anchored·5VrdHj…XAvpSummary
GHO is a decentralized, crypto-collateralized stablecoin native to the Aave protocol, launched in July 2023 and minted through governance-approved 'Facilitators.' The token suffered a prolonged sub-$1 depeg for roughly seven months after launch and a sharper flash depeg during the July 2023 Curve Finance exploit, before stabilizing near $1.00 in 2024–2026 following the introduction of a Peg Stability Module-style mechanism. As of mid-2026, GHO's peg is largely stable and its supply has grown to roughly $500–650 million, but the protocol carries residual risks tied to collateral concentration, stablecoin-backed peg defenses, and recent turmoil in Aave DAO governance following the exit of the Aave Chan Initiative, a delegate that had driven much of GHO's growth.
Connected Entities
1 entitiesTimeline(8 events)
15 July 2023
GHO launches on Ethereum mainnet following an Aave DAO governance vote with approximately 99% approval.
AMBCrypto / DL News reporting31 July 2023
GHO depegs for roughly two hours amid market stress linked to a reentrancy exploit on Curve Finance that also pressured FRAX and crvUSD pegs.
BeInCrypto8 August 2023
GHO trades as low as approximately $0.94, its deepest reported discount to peg in the early post-launch period.
DL NewsFebruary 2024
GHO returns to its $1.00 peg roughly seven months after launch, following introduction of the GHO Stability Module and related mechanisms; announced by Aave founder Stani Kulechov.
DL News3 March 2026
The Aave Chan Initiative announces it will not renew its Aave DAO engagement and will wind down over four months, following a governance dispute over a ~$51 million Aave Labs budget proposal.
CoinDeskApril 2026
Aave launches an sGHO savings vault offering a fixed 4.25% APR to retail depositors.
Eco Support Center10 July 2026
GHO trades at approximately $1.00, with its peg reported holding within a basis point of target.
MetaMask price data / CoinMarketCap AI summaryDecision Log
- hash: 7rv64mp3GQGSjmuR8KCqii8JVKQDv5NXLi4gP1LxV8p
- hash: 4CeB7cPQAzhbkhwb6WuPjCX8EbtoUqVPppYt9J9Ujzz3
- hash: FReqhBVqnjADAn8L3M6Sc6KkpF9KSjbCFzidfxFti11H
This investigation is cryptographically anchored to the Solana blockchain (3 events). 18 of 19 cited source URLs have an Internet Archive snapshot.
model: claude-code-investigator
generated: 7/22/2026, 3:45:39 AM
last updated: 8/27/2026, 7:09:26 AM
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