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About GRVT and OUSG
Grvt is climbing, while OUSG is falling this week. The current GRVT to OUSG conversion rate is 0.001693. Inversely, this means that if you convert 1 OUSG you will get 590.70 GRVT. The conversion rate of GRVT/OUSG has increased by 1.32% in the last hour (OUSG/GRVT decreased by 1.32%). In the last 24 hours, GRVT/OUSG grew by 0.43%, while OUSG/GRVT shrunk by the same amount.
The exchange rate of Grvt is increasing. The current value of 1 GRVT is 0.001693 OUSG. In other words, to buy 5 Grvt, it would cost you 0.008465 OUSG. Inversely, 1 OUSG would allow you to trade for 590.70 GRVT while 50 OUSG would convert to 29,534.78 GRVT, not including platform or gas fees.
In the last 7 days, the exchange rate has increased by 11%. Meanwhile, in the last 24 hours, the rate has changed by 0.85%, which means that the highest exchange rate of 1 GRVT to OUSG was 0.00174 OUSG and the lowest 24 hour value was 1 GRVT for 0.001613 OUSG. Last month, 1 GRVT was worth 0.001885 OUSG. Today, it's down 11.36%. Looking back a year, Grvt has changed by 0.00 OUSG. That means that in a single year, the value of Grvt has grown by 100%.
Grvt Market Stats
Grvt ($GRVT) is a blockchain project aiming to revolutionize digital asset management by focusing on efficient transaction processing and decentralized architecture. The platform incorporates innovative technological solutions for scalability and user engagement within its ecosystem.
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
GRVT to OUSG values from Today at 4:39 am
0.5 GRVT = 0.0008465 OUSG |
1 GRVT = 0.001693 OUSG |
5 GRVT = 0.008465 OUSG |
10 GRVT = 0.01693 OUSG |
50 GRVT = 0.08465 OUSG |
100 GRVT = 0.1693 OUSG |
500 GRVT = 0.8465 OUSG |
1,000 GRVT = 1.69 OUSG |
OUSG to GRVT values from Today at 4:43 am
0.5 OUSG = 295.35 GRVT |
1 OUSG = 590.70 GRVT |
5 OUSG = 2,953.48 GRVT |
10 OUSG = 5,906.96 GRVT |
50 OUSG = 29,534.78 GRVT |
100 OUSG = 59,069.55 GRVT |
500 OUSG = 295,347.76 GRVT |
1,000 OUSG = 590,695.52 GRVT |
GRVT to OUSG over time
GRVT | Today | 24H 0.85% | 1M -11.36% | 1Y 100.00% |
|---|---|---|---|---|
0.5 GRVT | 0.0008465 OUSG | 0.0008393 OUSG | 0.0009426 OUSG | 0.00 OUSG |
1 GRVT | 0.001693 OUSG | 0.001679 OUSG | 0.001885 OUSG | 0.00 OUSG |
5 GRVT | 0.008465 OUSG | 0.008393 OUSG | 0.009426 OUSG | 0.00 OUSG |
10 GRVT | 0.01693 OUSG | 0.01679 OUSG | 0.01885 OUSG | 0.00 OUSG |
50 GRVT | 0.08465 OUSG | 0.08393 OUSG | 0.09426 OUSG | 0.00 OUSG |
100 GRVT | 0.1693 OUSG | 0.1679 OUSG | 0.1885 OUSG | 0.00 OUSG |
500 GRVT | 0.8465 OUSG | 0.8393 OUSG | 0.9426 OUSG | 0.00 OUSG |
1,000 GRVT | 1.69 OUSG | 1.68 OUSG | 1.89 OUSG | 0.00 OUSG |
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