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About OUSG and CAKE
OUSG is climbing, while PancakeSwap is falling this week. The current OUSG to CAKE conversion rate is 93.34. Inversely, this means that if you convert 1 CAKE you will get 0.01071 OUSG. The conversion rate of OUSG/CAKE has decreased by 0.53% in the last hour (CAKE/OUSG increased by 0.53%). In the last 24 hours, OUSG/CAKE grew by 1.22%, while CAKE/OUSG shrunk by the same amount.
The exchange rate of OUSG is increasing. The current value of 1 OUSG is 93.34 CAKE. In other words, to buy 5 OUSG, it would cost you 466.71 CAKE. Inversely, 1 CAKE would allow you to trade for 0.01071 OUSG while 50 CAKE would convert to 0.5357 OUSG, not including platform or gas fees.
In the last 7 days, the exchange rate has increased by 8.43%. Meanwhile, in the last 24 hours, the rate has changed by 1.05%, which means that the highest exchange rate of 1 OUSG to CAKE was 95.53 CAKE and the lowest 24 hour value was 1 OUSG for 91.20 CAKE. Last month, 1 OUSG was worth 76.10 CAKE. Today, it's up 18.48%. Looking back a year, OUSG has changed by 48.06 CAKE. That means that in a single year, the value of OUSG has grown by 48.51%.
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.
PancakeSwap Market Stats
CAKE is the native token of PancakeSwap, a leading decentralized exchange (DEX) built on the BNB Smart Chain (BSC). It serves as both a utility and governance token within the PancakeSwap ecosystem, playing a central role in the platform’s operations and community-driven decision-making.
Conversion tables
OUSG to CAKE values from Today at 5:21 am
0.5 OUSG = 46.67 CAKE |
1 OUSG = 93.34 CAKE |
5 OUSG = 466.71 CAKE |
10 OUSG = 933.42 CAKE |
50 OUSG = 4,667.08 CAKE |
100 OUSG = 9,334.17 CAKE |
500 OUSG = 46,670.85 CAKE |
1,000 OUSG = 93,341.69 CAKE |
CAKE to OUSG values from Today at 5:22 am
0.5 CAKE = 0.005357 OUSG |
1 CAKE = 0.01071 OUSG |
5 CAKE = 0.05357 OUSG |
10 CAKE = 0.1071 OUSG |
50 CAKE = 0.5357 OUSG |
100 CAKE = 1.07 OUSG |
500 CAKE = 5.36 OUSG |
1,000 CAKE = 10.71 OUSG |
OUSG to CAKE over time
OUSG | Today | 24H 1.05% | 1M 18.48% | 1Y 48.51% |
|---|---|---|---|---|
0.5 OUSG | 46.67 CAKE | 46.18 CAKE | 38.05 CAKE | 24.03 CAKE |
1 OUSG | 93.34 CAKE | 92.36 CAKE | 76.10 CAKE | 48.06 CAKE |
5 OUSG | 466.71 CAKE | 461.81 CAKE | 380.48 CAKE | 240.29 CAKE |
10 OUSG | 933.42 CAKE | 923.63 CAKE | 760.97 CAKE | 480.58 CAKE |
50 OUSG | 4,667.08 CAKE | 4,618.13 CAKE | 3,804.83 CAKE | 2,402.91 CAKE |
100 OUSG | 9,334.17 CAKE | 9,236.25 CAKE | 7,609.66 CAKE | 4,805.82 CAKE |
500 OUSG | 46,670.85 CAKE | 46,181.26 CAKE | 38,048.31 CAKE | 24,029.08 CAKE |
1,000 OUSG | 93,341.69 CAKE | 92,362.53 CAKE | 76,096.62 CAKE | 48,058.16 CAKE |
Frequently asked questions
Right now, 1 OUSG is worth about $115.46.
Based on the current rate, you could get 0.008661 OUSG for 1 USD.
OUSG price has been on the rise. Since yesterday, the exchange rate of OUSG has increased. Since last month, the exchange rate of OUSG has increased. Since this time last year, the price of OUSG has increased.
You can use our OUSG to USD calculator at the top of this page to convert any amount of OUSG to USD. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 USD is equivalent to 0.0433 OUSG. Inversely, 5 OUSG will cost about $577.32
OUSG can be custodied on Coinbase Wallet. Check out our guide to get more detailed instructions on how to buy OUSG.
Buy OUSG with Coinbase
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