Convert OUSG OUSG to Frax Finance - Frax Ether FRXETH
OUSG to FRXETH: 1 OUSG converts to 0.0651 FRXETH
About OUSG and FRXETH
OUSG is climbing, while Frax Finance - Frax Ether is falling this week. The current OUSG to FRXETH conversion rate is 0.0651. Inversely, this means that if you convert 1 FRXETH you will get 15.36 OUSG. The conversion rate of OUSG/FRXETH has increased by 0.26% in the last hour (FRXETH/OUSG decreased by 0.26%). In the last 24 hours, OUSG/FRXETH grew by 1.35%, while FRXETH/OUSG shrunk by the same amount.
The exchange rate of OUSG is increasing. The current value of 1 OUSG is 0.0651 FRXETH. In other words, to buy 5 OUSG, it would cost you 0.32552 FRXETH. Inversely, 1 FRXETH would allow you to trade for 15.36 OUSG while 50 FRXETH would convert to 767.99 OUSG, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 0.43%. Meanwhile, in the last 24 hours, the rate has changed by 1.17%, and that the highest exchange rate of 1 OUSG to FRXETH was 0.06522 FRXETH and the lowest 24 hour value was 1 OUSG for 0.06323 FRXETH. Last month, 1 OUSG was worth 0.06968 FRXETH. Today, it's down 7.02%. Looking back a year, OUSG has changed by 0.03711 FRXETH. That means that in a single year, the value of OUSG has grown by 43%.
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.
Frax Finance - Frax Ether Market Stats
frxETH is a liquid staking derivative issued by Frax Finance protocol. Each frxETH is backed by at least 1 ETH in validator nodes at all times.
Conversion tables
OUSG to FRXETH values from Today at 5:39 am
0.5 OUSG = 0.03255 FRXETH |
1 OUSG = 0.0651 FRXETH |
5 OUSG = 0.3255 FRXETH |
10 OUSG = 0.651 FRXETH |
50 OUSG = 3.26 FRXETH |
100 OUSG = 6.51 FRXETH |
500 OUSG = 32.55 FRXETH |
1,000 OUSG = 65.10 FRXETH |
FRXETH to OUSG values from Today at 5:37 am
0.5 FRXETH = 7.68 OUSG |
1 FRXETH = 15.36 OUSG |
5 FRXETH = 76.80 OUSG |
10 FRXETH = 153.60 OUSG |
50 FRXETH = 767.99 OUSG |
100 FRXETH = 1,535.98 OUSG |
500 FRXETH = 7,679.91 OUSG |
1,000 FRXETH = 15,359.83 OUSG |
OUSG to FRXETH over time
OUSG | Today | 24H 1.17% | 1M -7.02% | 1Y 43.00% |
|---|---|---|---|---|
0.5 OUSG | 0.03255 FRXETH | 0.03217 FRXETH | 0.03484 FRXETH | 0.01856 FRXETH |
1 OUSG | 0.0651 FRXETH | 0.06434 FRXETH | 0.06968 FRXETH | 0.03711 FRXETH |
5 OUSG | 0.3255 FRXETH | 0.3217 FRXETH | 0.3484 FRXETH | 0.1856 FRXETH |
10 OUSG | 0.651 FRXETH | 0.6434 FRXETH | 0.6968 FRXETH | 0.3711 FRXETH |
50 OUSG | 3.26 FRXETH | 3.22 FRXETH | 3.48 FRXETH | 1.86 FRXETH |
100 OUSG | 6.51 FRXETH | 6.43 FRXETH | 6.97 FRXETH | 3.71 FRXETH |
500 OUSG | 32.55 FRXETH | 32.17 FRXETH | 34.84 FRXETH | 18.56 FRXETH |
1,000 OUSG | 65.10 FRXETH | 64.34 FRXETH | 69.68 FRXETH | 37.11 FRXETH |
Frequently asked questions
Right now, 1 OUSG is worth about $115.85.
Based on the current rate, you could get 0.008632 OUSG for 1 USD.
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 0.04316 OUSG. Inversely, 5 OUSG will cost about $579.25
OUSG can be custodied on Coinbase Wallet. Check out our guide to get more detailed instructions on how to buy OUSG.
Related conversions
Learn how to buy popular cryptocurrencies
Popular prediction markets
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.