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About ALT and OUSG
Altlayer is climbing, while OUSG is falling this week. The current ALT to OUSG conversion rate is 0.00006482. Inversely, this means that if you convert 1 OUSG you will get 15,428.51 ALT. The conversion rate of ALT/OUSG has increased by 0.26% in the last hour (OUSG/ALT decreased by 0.26%). In the last 24 hours, ALT/OUSG grew by 1.65%, while OUSG/ALT shrunk by the same amount.
The exchange rate of Altlayer is increasing. The current value of 1 ALT is 0.00006482 OUSG. In other words, to buy 5 Altlayer, it would cost you 0.00032408 OUSG. Inversely, 1 OUSG would allow you to trade for 15,428.51 ALT while 50 OUSG would convert to 771,425.26 ALT, not including platform or gas fees.
In the last 7 days, the exchange rate has increased by 12.64%. Meanwhile, in the last 24 hours, the rate has changed by 1.36%, which means that the highest exchange rate of 1 ALT to OUSG was 0.00006572 OUSG and the lowest 24 hour value was 1 ALT for 0.00006368 OUSG. Last month, 1 ALT was worth 0.00005679 OUSG. Today, it's up 12.38%. Looking back a year, Altlayer has changed by 0.0002551 OUSG. That means that in a single year, the value of Altlayer has shrank by 293.57%.
Altlayer Market Stats
AltLayer is an open and decentralised protocol for rollups that brings together the novel idea of a Restaked rollup, which takes existing rollups and provides them with enhanced security, decentralization, interoperability and crypto-economic fast finality. ALT is AltLayer’s native utility token and can be used for governance, protocol fee payments, economic bonding, and protocol incentivization.
OUSG Market Stats
OUSG is a tokenized short-term US Treasury bills ETF, overseen and managed by Ondo Capital Management, a subsidiary of Ondo Finance. The significant majority of this portfolio is held in the iShares Short Treasury Bond ETF (NASDAQ: SHV). There is also a small portion of USDC and USD for liquidity purposes. OUSG brings exposure to the ‘risk-free’ US Treasury rate on-chain for the first time. OUSG is an investment option that delivers a stable and predictable return while offering deep liquidity. Ondo funds such as OUSG only ever invest into ETFs backed by secure, stable, and liquid securities; these are the same assets in which trillions of dollars are invested every day by the world's largest institutions. OUSG was developed alongside two other fund tokens, OSTB and OHYG, by Ondo Finance, a software development firm in DeFi. Ondo launched in August 2021. Its first product was Ondo Vaults, a structured finance protocol on Ethereum. Later that year, Ondo launched Liquidity-as-a-Service (LaaS), facilitating over $210M in total liquidity provided. As DeFi yields compressed in 2022, the Ondo team decided to sunset Vaults and LaaS (together, "Ondo V1") to focus on next-generation protocols. Ondo V2, including Ondo’s tokenized funds, were announced by Nathan Allman in January 2023. Ondo funds subsequently opened to subscriptions soon after. What can OUSG be Used For? For investors who pass KYC and AML screening and sign subscription documents, OUSG tokens represent ownership in the fund. Investors can transfer these tokens between each other to effect changes in fund ownership. Investors can also use smart contracts to facilitate their financial arrangements such as by engaging in lending and trading activities with each other. The tokens themselves have transfer restrictions that will ensure they do not end up in the hands of anyone not appropriately qualified as an investor in the fund.
Conversion tables
ALT to OUSG values from Today at 3:31 pm
0.5 ALT = 0.00003241 OUSG |
1 ALT = 0.00006482 OUSG |
5 ALT = 0.0003241 OUSG |
10 ALT = 0.0006482 OUSG |
50 ALT = 0.003241 OUSG |
100 ALT = 0.006482 OUSG |
500 ALT = 0.03241 OUSG |
1,000 ALT = 0.06482 OUSG |
OUSG to ALT values from Today at 3:45 pm
0.5 OUSG = 7,714.25 ALT |
1 OUSG = 15,428.51 ALT |
5 OUSG = 77,142.53 ALT |
10 OUSG = 154,285.05 ALT |
50 OUSG = 771,425.26 ALT |
100 OUSG = 1,542,850.53 ALT |
500 OUSG = 7,714,252.65 ALT |
1,000 OUSG = 15,428,505.29 ALT |
ALT to OUSG over time
ALT | Today | 24H 1.36% | 1M 12.38% | 1Y -293.57% |
|---|---|---|---|---|
0.5 ALT | 0.00003241 OUSG | 0.00003197 OUSG | 0.0000284 OUSG | 0.0001275 OUSG |
1 ALT | 0.00006482 OUSG | 0.00006393 OUSG | 0.00005679 OUSG | 0.0002551 OUSG |
5 ALT | 0.0003241 OUSG | 0.0003197 OUSG | 0.000284 OUSG | 0.001275 OUSG |
10 ALT | 0.0006482 OUSG | 0.0006393 OUSG | 0.0005679 OUSG | 0.002551 OUSG |
50 ALT | 0.003241 OUSG | 0.003197 OUSG | 0.00284 OUSG | 0.01275 OUSG |
100 ALT | 0.006482 OUSG | 0.006393 OUSG | 0.005679 OUSG | 0.02551 OUSG |
500 ALT | 0.03241 OUSG | 0.03197 OUSG | 0.0284 OUSG | 0.1275 OUSG |
1,000 ALT | 0.06482 OUSG | 0.06393 OUSG | 0.05679 OUSG | 0.2551 OUSG |
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