# GHST-USD · catalysts, narrative & risks

**Deep-research report — K3vl4r**  
**Symbols:** GHST-USD  
**Sources:** 19  
**Published:** 2026-08-29  
**Canonical:** https://app.k3vl4r.com/research/deep-research-ghst-usd-catalysts-narrative-risks-2808

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## What GHST-USD Is

GHST-USD denotes the GHST token of the **Aavegotchi** ecosystem, priced in US dollars (the "-USD" is merely the quote currency of the pair, not part of the asset's name). GHST is the ERC-20 **governance and utility token** of the project — used for AavegotchiDAO voting (1 GHST = 1 vote), marketplace settlement on the Baazaar, purchasing NFTs/Portals/wearables/REALM land, staking for GLTR rewards, and governance. [[10]](https://onekey.so/blog/ecosystem/ghst-deep-research-report-token-future-development-and-price-outlook/), [[13]](https://coinmarketcap.com/cmc-ai/aavegotchi/what-is/), [[14]](https://wiki.aavegotchi.com/en/ghst), [[16]](https://www.aavegotchi.com/ghst)

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