About IDEX and OUSG
IDEX is falling, while OUSG is climbing this week. The current IDEX to OUSG conversion rate is 0.000007934. Inversely, this means that if you convert 1 OUSG you will get 126,039.34 IDEX. The conversion rate of IDEX/OUSG has increased by 0.79% in the last hour (OUSG/IDEX decreased by 0.79%). In the last 24 hours, IDEX/OUSG shrunk by 3.18%, while OUSG/IDEX grew by the same amount.
The exchange rate of IDEX is decreasing. The current value of 1 IDEX is 0.000007934 OUSG. In other words, to buy 5 IDEX, it would cost you 0.00003967 OUSG. Inversely, 1 OUSG would allow you to trade for 126,039.34 IDEX while 50 OUSG would convert to 6,301,967.13 IDEX, not including platform or gas fees.
In the last 7 days, the exchange rate has increased by 4.6%. Meanwhile, in the last 24 hours, the rate has changed by 3.64%, which means that the highest exchange rate of 1 IDEX to OUSG was 0.0000083 OUSG and the lowest 24 hour value was 1 IDEX for 0.000007614 OUSG. Last month, 1 IDEX was worth 0.000006199 OUSG. Today, it's up 21.86%. Looking back a year, IDEX has changed by 0.0002205 OUSG. That means that in a single year, the value of IDEX has shrank by 2,679.7%.
IDEX Market Stats
IDEX is an Ethereum token that powers the IDEX decentralized exchange, which combines an order book and automated market maker (AMM). IDEX holders can stake tokens in order to help secure the protocol and earn rewards.
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
IDEX to OUSG values from Today at 3:51 am
0.5 IDEX = 0.000003967 OUSG |
1 IDEX = 0.000007934 OUSG |
5 IDEX = 0.00003967 OUSG |
10 IDEX = 0.00007934 OUSG |
50 IDEX = 0.0003967 OUSG |
100 IDEX = 0.0007934 OUSG |
500 IDEX = 0.003967 OUSG |
1,000 IDEX = 0.007934 OUSG |
OUSG to IDEX values from Today at 3:53 am
0.5 OUSG = 63,019.67 IDEX |
1 OUSG = 126,039.34 IDEX |
5 OUSG = 630,196.71 IDEX |
10 OUSG = 1,260,393.43 IDEX |
50 OUSG = 6,301,967.13 IDEX |
100 OUSG = 12,603,934.26 IDEX |
500 OUSG = 63,019,671.29 IDEX |
1,000 OUSG = 126,039,342.58 IDEX |
IDEX to OUSG over time
IDEX | Today | 24H -3.64% | 1M 21.86% | 1Y -2,679.70% |
|---|---|---|---|---|
0.5 IDEX | 0.000003967 OUSG | 0.000004111 OUSG | 0.0000031 OUSG | 0.0001103 OUSG |
1 IDEX | 0.000007934 OUSG | 0.000008223 OUSG | 0.000006199 OUSG | 0.0002205 OUSG |
5 IDEX | 0.00003967 OUSG | 0.00004111 OUSG | 0.000031 OUSG | 0.001103 OUSG |
10 IDEX | 0.00007934 OUSG | 0.00008223 OUSG | 0.00006199 OUSG | 0.002205 OUSG |
50 IDEX | 0.0003967 OUSG | 0.0004111 OUSG | 0.00031 OUSG | 0.01103 OUSG |
100 IDEX | 0.0007934 OUSG | 0.0008223 OUSG | 0.0006199 OUSG | 0.02205 OUSG |
500 IDEX | 0.003967 OUSG | 0.004111 OUSG | 0.0031 OUSG | 0.1103 OUSG |
1,000 IDEX | 0.007934 OUSG | 0.008223 OUSG | 0.006199 OUSG | 0.2205 OUSG |
Frequently asked questions
Related conversions
Learn how to buy popular cryptocurrencies
Discover other cryptocurrencies to currency conversions
Start your crypto portfolio today
Sign up for a Coinbase account today and see what the world of decentralized finance can do for you.
This content is being provided to you for informational purposes only, does not constitute an offer, or solicitation of an offer nor a recommendation by Coinbase to buy, sell, or hold any security, financial product, or instrument referenced in the content, and does not constitute investment advice, financial advice, trading advice, or any other sort of advice. Data presented may reflect asset prices traded on the Coinbase exchange as well as other cryptocurrency exchanges and market data platform. Coinbase may charge fees for the processing of cryptocurrency transactions which may not be reflected in the conversion prices displayed. Coinbase is not liable for any errors or delays in content, or for any actions taken in reliance on any content.