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About OUSG and EDGEX
OUSG is falling, while edgeX is climbing this week. The current OUSG to EDGEX conversion rate is 200.38. Inversely, this means that if you convert 1 EDGEX you will get 0.004991 OUSG. The conversion rate of OUSG/EDGEX has increased by 0.48% in the last hour (EDGEX/OUSG decreased by 0.48%). In the last 24 hours, OUSG/EDGEX shrunk by 3.79%, while EDGEX/OUSG grew by the same amount.
The exchange rate of OUSG is decreasing. The current value of 1 OUSG is 200.38 EDGEX. In other words, to buy 5 OUSG, it would cost you 1,001.89 EDGEX. Inversely, 1 EDGEX would allow you to trade for 0.004991 OUSG while 50 EDGEX would convert to 0.2495 OUSG, not including platform or gas fees.
In the last 7 days, the exchange rate has increased by 5.25%. Meanwhile, in the last 24 hours, the rate has changed by 2.4%, which means that the highest exchange rate of 1 OUSG to EDGEX was 215.16 EDGEX and the lowest 24 hour value was 1 OUSG for 189.00 EDGEX. Last month, 1 OUSG was worth 312.14 EDGEX. Today, it's down 55.77%. Looking back a year, OUSG has changed by ∞ EDGEX. That means that in a single year, the value of OUSG has shrank by ∞%.
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.
edgeX Market Stats
EdgeX is a decentralized perpetual futures exchange that combines the speed and performance of centralized exchanges with the transparency and self-custody of DeFi. The platform features an off-chain order matching engine with on-chain settlement, enabling high-speed, low-latency trading across a wide range of crypto assets. Due to a ticker collision, Coinbase will use the ticker "EDGEX" for this asset instead of its on-chain or MiCA whitepaper designation "EDGE". This adjustment ensures compatibility with existing assets on our platform and avoids potential conflicts. The change does not affect the underlying asset's functionality or value.
Conversion tables
OUSG to EDGEX values from Today at 10:08 pm
0.5 OUSG = 100.19 EDGEX |
1 OUSG = 200.38 EDGEX |
5 OUSG = 1,001.89 EDGEX |
10 OUSG = 2,003.77 EDGEX |
50 OUSG = 10,018.85 EDGEX |
100 OUSG = 20,037.71 EDGEX |
500 OUSG = 100,188.54 EDGEX |
1,000 OUSG = 200,377.08 EDGEX |
EDGEX to OUSG values from Today at 10:04 pm
0.5 EDGEX = 0.002495 OUSG |
1 EDGEX = 0.004991 OUSG |
5 EDGEX = 0.02495 OUSG |
10 EDGEX = 0.04991 OUSG |
50 EDGEX = 0.2495 OUSG |
100 EDGEX = 0.4991 OUSG |
500 EDGEX = 2.50 OUSG |
1,000 EDGEX = 4.99 OUSG |
OUSG to EDGEX over time
OUSG | Today | 24H -2.40% | 1M -55.77% | 1Y 43.79% |
|---|---|---|---|---|
0.5 OUSG | 100.19 EDGEX | 102.59 EDGEX | 156.07 EDGEX | 56.32 EDGEX |
1 OUSG | 200.38 EDGEX | 205.18 EDGEX | 312.14 EDGEX | 112.64 EDGEX |
5 OUSG | 1,001.89 EDGEX | 1,025.91 EDGEX | 1,560.68 EDGEX | 563.20 EDGEX |
10 OUSG | 2,003.77 EDGEX | 2,051.83 EDGEX | 3,121.35 EDGEX | 1,126.41 EDGEX |
50 OUSG | 10,018.85 EDGEX | 10,259.14 EDGEX | 15,606.75 EDGEX | 5,632.03 EDGEX |
100 OUSG | 20,037.71 EDGEX | 20,518.28 EDGEX | 31,213.51 EDGEX | 11,264.06 EDGEX |
500 OUSG | 100,188.54 EDGEX | 102,591.42 EDGEX | 156,067.55 EDGEX | 56,320.31 EDGEX |
1,000 OUSG | 200,377.08 EDGEX | 205,182.83 EDGEX | 312,135.09 EDGEX | 112,640.62 EDGEX |
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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.


