Convert Frax (prev. FXS) FXS to OUSG OUSG
1 FXS converts to 0.2842 OUSG
About FXS and OUSG
Frax (prev. FXS) is climbing, while OUSG is falling this week. The current FXS to OUSG conversion rate is 0.2842. Inversely, this means that if you convert 1 OUSG you will get 3.52 FXS. The conversion rate of FXS/OUSG has decreased by 0.95% in the last hour (OUSG/FXS increased by 0.95%). In the last 24 hours, FXS/OUSG grew by 3.48%, while OUSG/FXS shrunk by the same amount.
The exchange rate of Frax (prev. FXS) is increasing. The current value of 1 FXS is 0.2842 OUSG. In other words, to buy 5 Frax (prev. FXS), it would cost you 1.4211 OUSG. Inversely, 1 OUSG would allow you to trade for 3.52 FXS while 50 OUSG would convert to 175.92 FXS, not including platform or gas fees.
In the last 7 days, the exchange rate has increased by 99.11%. Meanwhile, in the last 24 hours, the rate has changed by 99.17%, which means that the highest exchange rate of 1 FXS to OUSG was 0.002615 OUSG and the lowest 24 hour value was 1 FXS for 0.002368 OUSG. Last month, 1 FXS was worth 0.003833 OUSG. Today, it's up 98.65%. Looking back a year, Frax (prev. FXS) has changed by 0.02323 OUSG. That means that in a single year, the value of Frax (prev. FXS) has grown by 91.83%.
Frax (prev. FXS) Market Stats
Frax (prev. FXS) (FRAX) is a cryptocurrency launched in 2020and operates on the Ethereum platform. Frax (prev. FXS) has a current supply of 99,681,495.59113361 with 95,514,241.02269961 in circulation. The last known price of Frax (prev. FXS) is 0.39405901 USD and is up 0.31 over the last 24 hours. It is currently trading on 337 active market(s) with $377,981.88 traded over the last 24 hours.
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
FXS to OUSG values from Today at 6:09 pm
0.5 FXS = 0.1421 OUSG |
1 FXS = 0.2842 OUSG |
5 FXS = 1.42 OUSG |
10 FXS = 2.84 OUSG |
50 FXS = 14.21 OUSG |
100 FXS = 28.42 OUSG |
500 FXS = 142.11 OUSG |
1,000 FXS = 284.22 OUSG |
OUSG to FXS values from Today at
0.5 OUSG = 1.76 FXS |
1 OUSG = 3.52 FXS |
5 OUSG = 17.59 FXS |
10 OUSG = 35.18 FXS |
50 OUSG = 175.92 FXS |
100 OUSG = 351.84 FXS |
500 OUSG = 1,759.20 FXS |
1,000 OUSG = 3,518.40 FXS |
FXS to OUSG over time
FXS | Today | 24H 99.17% | 1M 98.65% | 1Y 91.83% |
|---|---|---|---|---|
0.5 FXS | 0.1421 OUSG | 0.001187 OUSG | 0.001916 OUSG | 0.01161 OUSG |
1 FXS | 0.2842 OUSG | 0.002373 OUSG | 0.003833 OUSG | 0.02323 OUSG |
5 FXS | 1.42 OUSG | 0.01187 OUSG | 0.01916 OUSG | 0.1161 OUSG |
10 FXS | 2.84 OUSG | 0.02373 OUSG | 0.03833 OUSG | 0.2323 OUSG |
50 FXS | 14.21 OUSG | 0.1187 OUSG | 0.1916 OUSG | 1.16 OUSG |
100 FXS | 28.42 OUSG | 0.2373 OUSG | 0.3833 OUSG | 2.32 OUSG |
500 FXS | 142.11 OUSG | 1.19 OUSG | 1.92 OUSG | 11.61 OUSG |
1,000 FXS | 284.22 OUSG | 2.37 OUSG | 3.83 OUSG | 23.23 OUSG |
Frequently asked questions
Right now, 1 Frax (prev. FXS) is worth about $0.2842.
Based on the current rate, you could get 3.52 FXS for 1 USD.
Frax (prev. FXS) price has been on the rise. Since yesterday, the exchange rate of Frax (prev. FXS) has increased. Since last month, the exchange rate of Frax (prev. FXS) has decreased. Since this time last year, the price of Frax (prev. FXS) has decreased.
You can use our FXS to USD calculator at the top of this page to convert any amount of FXS to USD. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 USD is equivalent to 17.59 FXS. Inversely, 5 FXS will cost about $1.42
Frax (prev. FXS) can be custodied on Coinbase Wallet. Check out our guide to get more detailed instructions on how to buy Frax (prev. FXS).
There are a number of crypto assets that have the a similar or comparable market cap to Frax (prev. FXS), including Electronic USD, CARV, and Gigachad. For a more robust list of assets to explore, jump to the asset page dedicated to Frax (prev. FXS).
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