GHO (GHO)

New Listing: Savings @GHO

$sGHO is the yield-bearing version of $GHO capturing the fixed Aave Savings Rate.

Rebranded from stkGHO, sGHO earns yield directly from @Aave DAO revenue, isolating returns from active market strategies. https://t.co/4ygt5LbEur

Aave's GHO stablecoin continues to grow market cap & holder base.

Both market cap & holder count are up ~100% year over year.

A chart to follow 👇 https://t.co/1NXyvZ42RW

GHO revenue is starting to compound fast.

The ethereum:0x40d16fc0246ad3160ccc09b8d0d3a2cd28ae6c2f Stability Module has now generated over $3.45M in cumulative revenue, with $3.08M coming from deposit yield and only $363K from GSM fees.

That changes the narrative around GHO. The main revenue driver is no longer mint/burn activity or swap fees. It is productive stablecoin liquidity.

Idle liquidity inside the GSM is starting to earn yield at scale, and that revenue flows back into the Aave ecosystem.

This is why the sGHO migration matters.

The important shift is not only more GHO adoption. It is more GHO moving from passive stablecoin liquidity into yield-bearing liquidity.

@aave is slowly building a stablecoin system where liquidity itself becomes productive capital.

Data via @Token_Logic