allChained
GHOStablecoin
View source ↗
Circulating supply
$699M
30D change
0.0%
Yield
None
NAV
1.0000
Management fees
0.00%
Minimum
$0
Redemption
Daily
Launched
15 Jul 2023
Field coverage 100%Primary-source or on-chain verified 100% of tracked metrics1/1 source documents analyst-verifiedLast reconciled 13 Nov 2026
Overview

What this product is

A decentralized multi-collateral stablecoin native to the Aave Protocol.

Underlying asset
Multi-collateral crypto
Asset class
Stablecoin
Product structure
Payment Stablecoin
Legal structure
BVI Professional Fund
Issuer jurisdiction
Decentralized
Fund domicile
Decentralized
Base currency
USD
Launched
15 Jul 2023
Peer set

Comparable products

Products in the same asset class and currency. Yields are quoted on different bases, so check each one before comparing.

USDT0.00%0.00%$0$90.67B
USDC0.00%0.00%$0$61.58B
USDS0.00%0.00%$1$5.38B
USDe10.50%0.00%$0$5.27B
DAI0.00%0.00%$0$4.95B
sUSDS6.00%0.00%$0$3.39B
PYUSD0.00%0.00%$0$2.64B
Issuer

Who runs it

AaveDecentralized

A decentralized non-custodial liquidity protocol.

Portfolio

Composition

  • Aave Vault Collateral100.0%
Weighted average maturity
0 days
Reserves
Attestation

Reserve composition

What actually backs the float, from the most recent independent attestation.

  • Aave Vault CollateralCash & equivalents100.0%
Attestation

Verification history

Attesting firm
N/A
Frequency
monthly
Last attestation
01 Jan 2024
Reserve WAM
0 days

An attestation confirms the reserve existed on a reporting date. It is not an audit, and it says nothing about what a holder legally owns if the issuer fails, that question is answered by the legal structure, not the reserve report.

Risk

Reserve profile

Who holds the reserves, and whether the yield they earn reaches you or stays with the issuer.

Held as bank deposits-

Deposits are unsecured claims on a bank; government securities are not. A higher share means more bank credit exposure inside a product marketed as cash.

Backing type
crypto backed
Yield to holders
Retained by the issuer
Peg currency
USD
Par redemption access

N/A

On-chain history begins 05 Oct 2026 and covers 40 days of readings.

AUM
$699M

Assets under management

+0.0% over 40 days held
Yield
0.00%

Yield history. No yield

No on-chain history recorded for this series yet.
NAV
1.0000

NAV per token (stable $1.00)

This fund maintains a constant NAV of USD 1.00 and distributes yield through token supply rather than price. NAV history is therefore flat by construction; monitor supply and yield instead.

+0.0% over 40 days held
Movement

Recent daily movement

Net movement $0Over 40 daysChange 0.0%
Direction
13 Nov 2026$699M$00.0%
12 Nov 2026$699M$00.0%
11 Nov 2026$699M$00.0%
10 Nov 2026$699M$00.0%
09 Nov 2026$699M$00.0%
08 Nov 2026$699M$00.0%
07 Nov 2026$699M$00.0%
06 Nov 2026$699M$00.0%
05 Nov 2026$699M$00.0%
04 Nov 2026$699M$00.0%
Redemption
Terms

Contractual terms

Redemption frequency
Daily
Dealing cut-off
24/7
Settlement
Instant
Redemption fee
None
Secondary venues
Balancer, Curve
Transfer restrictions
None

These are contractual terms from the offering documents. Observed settlement performance and any discretionary accommodation by the manager are explicitly out of scope.

Assessment

Liquidity profile

Primary redemption
Daily · Instant
Off-hours exit
Available continuously
Secondary market
Balancer, Curve
Transferability
Freely transferable after compliance period
Exit fee
No redemption fee
Relationship graph

Operational dependency network

Every firm and system this product relies on. Select any of them to open its profile.

Every counterparty and system this product depends on to function. Each card links to that entity's own profile: the question worth asking of each is what happens to your position if it stops working.

Open in Ecosystem Graph →

Issuance & legal

Who is legally on the hook for this product.

Custody

Where the backing assets actually sit.

Platform & data

The software and price sources the product runs on.

Markets & settlement

Where it trades and how value moves between venues and chains.

Edges marked derived are inferred from a structured field on this product that carries its own source; they are not independent confirmation of it. Edges without that mark were sourced separately from a disclosure naming both parties.

Deployments
Registry

Networks and contracts

Contract / asset id
EthereumPrimarypublic l10x40D16FC024…28aE6C2f100.0%
Counterparties

Service providers

If any of these has a problem, this product is affected.

Transfer agent
Aave· Decentralized
Tokenization platform
Aave· Decentralized
Oracle / attestation
chainlink
Access
Classification

Who may hold this

RetailEligible
AccreditedNot eligible
ProfessionalNot eligible
InstitutionalEligible
Minimum investment
$0
Allow-list required
No
Transfer restrictions
None
Geography

Where it is available

United States flagUnited StatesAvailable
Singapore flagSingaporeAvailable
Switzerland flagSwitzerlandAvailable
Hong Kong SAR flagHong Kong SARAvailable
Explicit prohibitions

    Availability is limited to the jurisdictions in the coverage boundary. Absence here means not covered, not necessarily prohibited. This is a classification of the offering documents, not legal advice.

    On-chain activity

    Daily value outstanding

    Value outstanding as read from the token contracts each day, and the movement between readings. Mints and redemptions are not separable on-chain, so this is the net of both, not gross issuance.

    Net movement $0Over 40 daysChange 0.0%
    Direction
    13 Nov 2026$699M$00.0%
    12 Nov 2026$699M$00.0%
    11 Nov 2026$699M$00.0%
    10 Nov 2026$699M$00.0%
    09 Nov 2026$699M$00.0%
    08 Nov 2026$699M$00.0%
    07 Nov 2026$699M$00.0%
    06 Nov 2026$699M$00.0%
    05 Nov 2026$699M$00.0%
    04 Nov 2026$699M$00.0%
    03 Nov 2026$699M$00.0%
    02 Nov 2026$699M$00.0%
    01 Nov 2026$699M$00.0%
    31 Oct 2026$699M$00.0%
    30 Oct 2026$699M$00.0%
    29 Oct 2026$699M$00.0%
    28 Oct 2026$699M$00.0%
    27 Oct 2026$699M$00.0%
    26 Oct 2026$699M$00.0%
    25 Oct 2026$699M$00.0%
    24 Oct 2026$699M$00.0%
    23 Oct 2026$699M$00.0%
    22 Oct 2026$699M$00.0%
    21 Oct 2026$699M$00.0%
    20 Oct 2026$699M$00.0%
    19 Oct 2026$699M$00.0%
    18 Oct 2026$699M$00.0%
    17 Oct 2026$699M$00.0%
    16 Oct 2026$699M$00.0%
    15 Oct 2026$699M$00.0%
    14 Oct 2026$699M$00.0%
    13 Oct 2026$699M$00.0%
    12 Oct 2026$699M$00.0%
    11 Oct 2026$699M$00.0%
    10 Oct 2026$699M$00.0%
    09 Oct 2026$699M$00.0%
    08 Oct 2026$699M$00.0%
    07 Oct 2026$699M$00.0%
    06 Oct 2026$699M$00.0%
    05 Oct 2026$699M--
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