BlockchainCrypto

GHO's 61% Supply Drop Reflects an Accounting Change

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Based on a feed excerpt; full article content has not been acquired. Source evidence retrieved 14/11/2026, 00:27:24 UTC.

Briefings

DefiLlama updated its metrics to exclude idle GHO tokens, revealing a 61% supply drop from the contract's reported 699 million issued tokens. This adjustment reflects an accounting change rather than a new issuance, clarifying the actual circulating supply. The article is a preprint with no verified external validation.

Key points

• DefiLlama excludes idle GHO tokens from circulation, reducing the reported supply from 699 million to 61 million.
• The Ethereum token contract still reports 699 million tokens issued, indicating the discrepancy is due to accounting adjustments.

Context

This update clarifies the actual circulating supply of GHO by removing idle tokens, a common practice in DeFi metrics. It is a preprint with no verified external validation.

Limitations

The article is a preprint with no verified external validation. The 61% drop reflects an accounting change rather than a new issuance, and the source link is not verified.

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