sGHO is the staked derivative of GHO, Aave’s native stablecoin, issued by the Aave protocol. It represents GHO deposited into the GHO Staking Vault, allowing holders to earn protocol-distributed yield while maintaining a liquid, transferable token. The asset functions as a staked stablecoin, bridging traditional stablecoin stability with yield-bearing staking mechanics.
While the provided data shows no current Aerodrome liquidity or vote-market activity on Base, sGHO maintains active Pendle markets on Ethereum (chain ID 1). These markets feature maturities in August and December 2025 with implied APYs ranging from roughly 5.8% to 8.9%, reflecting structured yield-trading and interest rate expectations around the underlying staking rewards.
Current on-chain metadata for decimals and USD price is unavailable in the input, and the token’s Base deployment appears to be a cross-chain representation of the Ethereum-native staking contract. LP operators should verify bridge mechanics and redemption parity before deploying capital.