GHOvsYLDS
GHO vs YLDS — side-by-side comparison of supply, chains, backing, and peg data.
Side-by-side
GHO — GHO
YLDS — YLDS
30-day peg stability dotted line = target · both charts share one scale
What the last 30 days show
Over the last 30 days GHO supply moved +16.7% and YLDS +23.0% — YLDS grew faster. YLDS held the tighter band: worst deviation 8 bps against 26 bps.
Key differences
- GHO and YLDS are similar in size — within 10% of each other by USD-equivalent value.
- GHO ranks #17 while YLDS ranks #18 among all tracked stablecoins.
- Both are pegged to the same currency (USD), so they compete directly for the same use cases.
- GHO is a crypto-backed stablecoin; YLDS is fiat-backed. Different mechanism, different failure modes.
- Reserves differ — GHO holds overcollateralized (aave), YLDS holds tokenized us treasuries (sec registered).
- YLDS is deployed on 4 chains — much broader coverage than GHO's 2.
Full comparison table
| Metric | GHO | YLDS |
|---|---|---|
| USD circulation value | $697.5M | $656.3M |
| Rank (by USD value) | #17 | #18 |
| Peg | USD | USD |
| Mechanism | crypto-backed | fiat-backed |
| Backing | Overcollateralized (Aave) | Tokenized US Treasuries (SEC registered) |
| Chains deployed | 2 | 4 |
| Primary chain | Ethereum | Ethereum |
| Issuer | Aave | Figure Markets |
| CoinGecko | View → | View → |
Frequently Asked Questions
What's the main difference between GHO and YLDS?
Both track USD, so they compete for the same use cases. GHO holds overcollateralized (aave); YLDS holds tokenized us treasuries (sec registered). GHO ranks #17 by USD value and YLDS ranks #18.
Which is bigger, GHO or YLDS?
GHO is larger, with $697.5M in circulation vs $656.3M for YLDS. That's roughly 1.1× the size.
Is GHO safer than YLDS?
Neither is inherently safer. Safety turns on reserve composition, issuer transparency, redemption rights and regulatory oversight — none of which this page audits. GHO uses a crypto-backed model; YLDS uses a fiat-backed one. Read each issuer's most recent reserve attestation before choosing.
Can I convert between GHO and YLDS?
Yes. GHO and YLDS both trade on major centralized and decentralized exchanges. Since both track USD, the exchange rate is typically very close to 1:1. Direct swap protocols on Ethereum, Solana, and other chains offer the tightest spreads.
Should I choose GHO or YLDS?
The right choice depends on your use case. Consider: which chain do you need? GHO is available on 2 chains and YLDS on 4. What backing do you prefer? What's your integration surface (exchanges, DeFi protocols, payment providers)? Both have deep liquidity, so market cap alone shouldn't decide it.