Convert Altlayer ALT to OUSG OUSG

ALT to OUSG: 1 Altlayer converts to 0.00004921 OUSG

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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 0.00004921. Inversely, this means that if you convert 1 OUSG you will get 20,320.12 ALT. The conversion rate of ALT/OUSG has increased by 0.09% in the last hour (OUSG/ALT decreased by 0.09%). In the last 24 hours, ALT/OUSG grew by 0.25%, while OUSG/ALT shrunk by the same amount.

The exchange rate of Altlayer is increasing. The current value of 1 ALT is 0.00004921 OUSG. In other words, to buy 5 Altlayer, it would cost you 0.00024606 OUSG. Inversely, 1 OUSG would allow you to trade for 20,320.12 ALT while 50 OUSG would convert to 1,016,005.76 ALT, not including platform or gas fees.

In the last 7 days, the exchange rate has increased by 0.29%. Meanwhile, in the last 24 hours, the rate has changed by 0.25%, which means that the highest exchange rate of 1 ALT to OUSG was 0.00004935 OUSG and the lowest 24 hour value was 1 ALT for 0.00004848 OUSG. Last month, 1 ALT was worth 0.00005667 OUSG. Today, it's down 15.15%. Looking back a year, Altlayer has changed by 0.0003029 OUSG. That means that in a single year, the value of Altlayer has shrank by 515.58%.

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.

$0.005715Price
$39.27MMarket cap
$3.36MVolume (24h)
6.9B ALTCir. Supply

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.

$116.13Price
$376.44MMarket cap
--Volume (24h)
3.2M OUSGCir. Supply

Conversion tables

ALT to OUSG values from Today at 10:44 pm

0.5 ALT = 0.00002461 OUSG
1 ALT = 0.00004921 OUSG
5 ALT = 0.0002461 OUSG
10 ALT = 0.0004921 OUSG
50 ALT = 0.002461 OUSG
100 ALT = 0.004921 OUSG
500 ALT = 0.02461 OUSG
1,000 ALT = 0.04921 OUSG

OUSG to ALT values from Today at 10:44 pm

0.5 OUSG = 10,160.06 ALT
1 OUSG = 20,320.12 ALT
5 OUSG = 101,600.58 ALT
10 OUSG = 203,201.15 ALT
50 OUSG = 1,016,005.76 ALT
100 OUSG = 2,032,011.51 ALT
500 OUSG = 10,160,057.57 ALT
1,000 OUSG = 20,320,115.14 ALT

ALT to OUSG over time

ALT
Today
24H
0.25%
1M
-15.15%
1Y
-515.58%
0.5 ALT
0.00002461 OUSG
0.00002454 OUSG
0.00002833 OUSG
0.0001515 OUSG
1 ALT
0.00004921 OUSG
0.00004909 OUSG
0.00005667 OUSG
0.0003029 OUSG
5 ALT
0.0002461 OUSG
0.0002454 OUSG
0.0002833 OUSG
0.001515 OUSG
10 ALT
0.0004921 OUSG
0.0004909 OUSG
0.0005667 OUSG
0.003029 OUSG
50 ALT
0.002461 OUSG
0.002454 OUSG
0.002833 OUSG
0.01515 OUSG
100 ALT
0.004921 OUSG
0.004909 OUSG
0.005667 OUSG
0.03029 OUSG
500 ALT
0.02461 OUSG
0.02454 OUSG
0.02833 OUSG
0.1515 OUSG
1,000 ALT
0.04921 OUSG
0.04909 OUSG
0.05667 OUSG
0.3029 OUSG

Frequently asked questions

Right now, 1 Altlayer is worth about $0.005715.

Based on the current rate, you could get 174.98 ALT for 1 USD.

Altlayer price has been on the rise. Since yesterday, the exchange rate of Altlayer has increased. Since last month, the exchange rate of Altlayer has decreased. Since this time last year, the price of Altlayer has decreased.

You can use our ALT to USD calculator at the top of this page to convert any amount of ALT to USD. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 USD is equivalent to 874.89 ALT. Inversely, 5 ALT will cost about $0.02857

Altlayer is currently available to buy on Coinbase's centralized exchange. Check out our guide to get more detailed instructions on how to buy Altlayer.

There are a number of crypto assets that have the a similar or comparable market cap to Altlayer, including Lombard, Mog Coin, and TROLL. For a more robust list of assets to explore, jump to the asset page dedicated to Altlayer.

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