Aave V4 · Ethereum

GHO (Prime)

Overview

The Aave V4 GHO pool on Ethereum is a single-asset lending position where suppliers earn variable interest on deposits of the protocol's native stablecoin, GHO. The protocol generates yield by routing borrowing demand against pooled liquidity and paying lenders from the resulting interest spread. This pool stands as one of several venues for GHO on the Ethereum mainnet.

Total APY is 2.89%, with no additional reward component. Over the past seven days, the trend has been up slightly at 0.02%, while over thirty days it has increased by 2.38%. The current rate exceeds the 30-day mean of 2.01%, indicating expanding yield for lenders.

TVL is $90M and has remained stable with no significant change in the past week, suggesting steady interest from suppliers. Primary exposure here is depeg risk on the underlying GHO stablecoin. Given its prime designation within Aave V4's ecosystem, this pool benefits from enhanced liquidity depth compared to other asset classes, which helps maintain a responsive supply-side rate relative to borrower demand.

Composed 2026-05-22 from the structured data above. See methodology for the full pipeline.

Risk profile

• Smart contract risk

  Funds are deposited into a smart contract. A bug or exploit in the contract could lead to total loss. Audits reduce, but do not eliminate, this risk. Check the protocol page for audit history.

• Depeg risk

  The pool is built on stablecoins. A depeg of any underlying asset would impact returns and principal.

• Yield variability

  Current APY is 1.87%; 30-day mean is 2.17%. Yields can change as TVL and incentive emissions change.

• DefiLlama yield prediction

  DefiLlama's model classifies this pool's yield as "Stable/Up" with 51% confidence based on historical patterns.

These notes are derived from the pool's structured data, not editorial advice. See our methodology.