GHO circulating supply marked as down 61% in two days... pre-issued volume separated out
Original headlineGHO 유통량 이틀 새 61% 감소 표기…선발행 물량 분리
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Aave’s GHO stablecoin appeared to fall about 61% from 699 million to 270.03 million tokens on DefiLlama between Nov. 11 and Nov. 13, but the drop reflects a reporting change rather than burned supply. DefiLlama now separates 270.03 million GHO in circulation from 428.97 million pre-minted but non-circulating tokens, with the two figures summing to the original 699 million. The revision means the Nov. 11 and Nov. 13 “circulating supply” figures are not directly comparable. GHO is issued on Aave when users borrow against collateral or swap other stablecoins through the stability module. Watch for further DefiLlama methodology updates and how Aave reports GHO supply, since the split changes the token’s visible circulating market size.
Muhabbit's AI wrote this summary in its own words from TokenPost's report and translated it from Korean. It can get details wrong, so check the source.
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GHO, Aave (AAVE), DefiLlama
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