About MX and OUSG
MX Token is climbing, while OUSG is falling this week. The current MX to OUSG conversion rate is 0.01649. Inversely, this means that if you convert 1 OUSG you will get 60.64 MX. The conversion rate of MX/OUSG has decreased by 0.22% in the last hour (OUSG/MX increased by 0.22%). In the last 24 hours, MX/OUSG grew by 0.13%, while OUSG/MX shrunk by the same amount.
The exchange rate of MX Token is increasing. The current value of 1 MX is 0.01649 OUSG. In other words, to buy 5 MX Token, it would cost you 0.08245 OUSG. Inversely, 1 OUSG would allow you to trade for 60.64 MX while 50 OUSG would convert to 3,032.06 MX, not including platform or gas fees.
In the last 7 days, the exchange rate has increased by 8.2%. Meanwhile, in the last 24 hours, the rate has changed by 0.15%, which means that the highest exchange rate of 1 MX to OUSG was 0.0167 OUSG and the lowest 24 hour value was 1 MX for 0.0164 OUSG. Last month, 1 MX was worth 0.01421 OUSG. Today, it's up 13.81%. Looking back a year, MX Token has changed by 0.02347 OUSG. That means that in a single year, the value of MX Token has shrank by 42.35%.
MX Token Market Stats
MX is the proof of rights and interests of MXC trading platform itself. Its total circulation is 3 billion constantly and never be added. MX holders can enjoy a series of rights and interests including asset appreciation, rebates on platform revenue, supervision, voting, etc. MX can be obtained in two ways: mining and buying.
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
MX to OUSG values from Today at 2:42 pm
0.5 MX = 0.008245 OUSG |
1 MX = 0.01649 OUSG |
5 MX = 0.08245 OUSG |
10 MX = 0.1649 OUSG |
50 MX = 0.8245 OUSG |
100 MX = 1.65 OUSG |
500 MX = 8.25 OUSG |
1,000 MX = 16.49 OUSG |
OUSG to MX values from Today at 2:43 pm
0.5 OUSG = 30.32 MX |
1 OUSG = 60.64 MX |
5 OUSG = 303.21 MX |
10 OUSG = 606.41 MX |
50 OUSG = 3,032.06 MX |
100 OUSG = 6,064.11 MX |
500 OUSG = 30,320.57 MX |
1,000 OUSG = 60,641.15 MX |
MX to OUSG over time
MX | Today | 24H 0.15% | 1M 13.81% | 1Y -42.35% |
|---|---|---|---|---|
0.5 MX | 0.008245 OUSG | 0.008233 OUSG | 0.007107 OUSG | 0.01174 OUSG |
1 MX | 0.01649 OUSG | 0.01647 OUSG | 0.01421 OUSG | 0.02347 OUSG |
5 MX | 0.08245 OUSG | 0.08233 OUSG | 0.07107 OUSG | 0.1174 OUSG |
10 MX | 0.1649 OUSG | 0.1647 OUSG | 0.1421 OUSG | 0.2347 OUSG |
50 MX | 0.8245 OUSG | 0.8233 OUSG | 0.7107 OUSG | 1.17 OUSG |
100 MX | 1.65 OUSG | 1.65 OUSG | 1.42 OUSG | 2.35 OUSG |
500 MX | 8.25 OUSG | 8.23 OUSG | 7.11 OUSG | 11.74 OUSG |
1,000 MX | 16.49 OUSG | 16.47 OUSG | 14.21 OUSG | 23.47 OUSG |
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