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OCB — Trust Rating

GHO Trust Rating

Aave DAO · Overcollateralized decentralized stablecoin minted via the Aave v3 protocol, governed by AAVE token holders.

GHO (Aave DAO) scores 20/100 on OnChain Benchmark's Stablecoin Quality Rating — Flagged band — across four dimensions: reserve quality 12/25, redemption depth 4/25, transparency 0/25, and holder concentration 4/25 (methodology v1.4-stablecoin, as of Aug 26, 2026).

GHOStablecoin

Stablecoin Quality Rating

20/ 100
Flagged

OCB — 01

GHO across four dimensions

Each dimension is scored out of 25, and the four add directly to the /100 composite — an equal-weight, plain sum. Last scored Aug 26, 2026 on methodology v1.4-stablecoin.

DimensionScore
Reserve Quality12 / 25
Redemption Depth4 / 25
Transparency0 / 25
Holder Concentration4 / 25
CompositeΣ (score)20 / 100

OCB — 02

OCB Instrument

Outstanding supply

Measured onchain from the primary deployment, daily. Latest reading $699.00M.
ONCHAIN
BENCHMARK
Source: GHO · Stablecoin Quality Rating · onchainbenchmark.com2026-08-26 · Measured daily

OCB — 03

OCB Instrument

Rating history

GHO’s trust rating, measured daily.
ONCHAIN
BENCHMARK
Source: GHO · Stablecoin Quality Rating · onchainbenchmark.com2026-08-26 · Recomputed daily

OCB — 04

Evidence behind the rating

A sample of the verified facts behind GHO's score. Each finding carries a confidence level; the full diligence trail is in the terminal.

  • Disclosure Qualitycontract address95% confidence

    Contract address verified on Ethereum: 0x40D16FC0246aD3160Ccc09B8D0D3A2cD28aE6C2f (primary deployment)

    Address confirmed active onchain.

    Verified Jun 13, 2026· instrument_deployments registry — chain_id 1
  • Redemption Liquiditydata gap90% confidence

    No redemption liquidity data available at time of scoring run.

    This gap is re-checked on every scoring run and will close once verifiable data is available.

    Verified Jun 13, 2026
  • Holder Concentrationholder concentration snapshot90% confidence

    Top-10 holders control 95.67% of supply (after excluding protocol-controlled addresses). Concentration track: retail_facing.

    Holder snapshot refreshes on a rolling basis and may be up to 36 hours old.

    Verified Jun 13, 2026· norm_concentration row observed 1d ago

OCB — 05

Key facts

Issuer
Aave DAO
Asset class
Stablecoin
Chains
Ethereum
Methodology
v1.4-stablecoin
Last scored
Aug 26, 2026
Rubric
Stablecoin Quality Rating
Full diligence trail

The interactive terminal shows every verified fact behind GHO's rating — the dimension-by-dimension breakdown, scoring history, outstanding supply, anomalies, and the complete evidence trail with sources.

View full diligence trail in the terminal →Read the methodology →
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