June 27, 2026·Bullish·tokenomics

GHO Stability Module Outpaces Borrowing Interest for First Time

In March, the GHO stability module generated $438k in revenue, surpassing borrowing interest for the first time and accounting for over 50% of total protocol revenue. This income came from reserves sitting in Aave pools rather than from GHO borrowers paying borrowing interest.

Detected & updated continuously · Source: Ruma

Mentioned

Aave (aave)

GHO (gho)

Sources

@MeshClans

For the first time, GHO's stability module out-earned borrowing interest. $438k in March, over 50% of total revenue. From reserves sitting in Aave pools, not from GHO borrowers paying GHO borrow interest. By April 2026 the gap widened: $787k from the GSM versus $249k from https://t.co/jrtaxX0yQB