Convert OUSG OUSG to Frax (prev. FXS) FXS
OUSG to FXS: 1 OUSG converts to 403.06 FXS
About OUSG and FXS
OUSG is climbing, while Frax (prev. FXS) is falling this week. The current OUSG to FXS conversion rate is 403.06. Inversely, this means that if you convert 1 FXS you will get 0.002481 OUSG. The conversion rate of OUSG/FXS has decreased by 0.73% in the last hour (FXS/OUSG increased by 0.73%). In the last 24 hours, OUSG/FXS grew by 2.68%, while FXS/OUSG shrunk by the same amount.
The exchange rate of OUSG is increasing. The current value of 1 OUSG is 403.06 FXS. In other words, to buy 5 OUSG, it would cost you 2,015.28 FXS. Inversely, 1 FXS would allow you to trade for 0.002481 OUSG while 50 FXS would convert to 0.1241 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 2.91%, and that the highest exchange rate of 1 OUSG to FXS was 416.27 FXS and the lowest 24 hour value was 1 OUSG for 388.68 FXS. Last month, 1 OUSG was worth 269.93 FXS. Today, it's up 33.03%. Looking back a year, OUSG has changed by 45.16 FXS. That means that in a single year, the value of OUSG has grown by 88.8%.
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 (prev. FXS) Market Stats
Frax (prev. FXS) (FRAX) is a cryptocurrency launched in 2020and operates on the Ethereum platform. Frax (prev. FXS) has a current supply of 99,681,495.59113361 with 95,514,241.02269961 in circulation. The last known price of Frax (prev. FXS) is 0.39405901 USD and is up 0.31 over the last 24 hours. It is currently trading on 337 active market(s) with $377,981.88 traded over the last 24 hours.
Conversion tables
OUSG to FXS values from Today at 12:52 pm
0.5 OUSG = 201.53 FXS |
1 OUSG = 403.06 FXS |
5 OUSG = 2,015.28 FXS |
10 OUSG = 4,030.55 FXS |
50 OUSG = 20,152.75 FXS |
100 OUSG = 40,305.50 FXS |
500 OUSG = 201,527.52 FXS |
1,000 OUSG = 403,055.04 FXS |
FXS to OUSG values from Today at 12:50 pm
0.5 FXS = 0.001241 OUSG |
1 FXS = 0.002481 OUSG |
5 FXS = 0.01241 OUSG |
10 FXS = 0.02481 OUSG |
50 FXS = 0.1241 OUSG |
100 FXS = 0.2481 OUSG |
500 FXS = 1.24 OUSG |
1,000 FXS = 2.48 OUSG |
OUSG to FXS over time
OUSG | Today | 24H 2.91% | 1M 33.03% | 1Y 88.80% |
|---|---|---|---|---|
0.5 OUSG | 201.53 FXS | 195.65 FXS | 134.97 FXS | 22.58 FXS |
1 OUSG | 403.06 FXS | 391.31 FXS | 269.93 FXS | 45.16 FXS |
5 OUSG | 2,015.28 FXS | 1,956.53 FXS | 1,349.65 FXS | 225.79 FXS |
10 OUSG | 4,030.55 FXS | 3,913.06 FXS | 2,699.30 FXS | 451.59 FXS |
50 OUSG | 20,152.75 FXS | 19,565.31 FXS | 13,496.50 FXS | 2,257.93 FXS |
100 OUSG | 40,305.50 FXS | 39,130.61 FXS | 26,993.00 FXS | 4,515.86 FXS |
500 OUSG | 201,527.52 FXS | 195,653.06 FXS | 134,965.00 FXS | 22,579.30 FXS |
1,000 OUSG | 403,055.04 FXS | 391,306.13 FXS | 269,930.00 FXS | 45,158.60 FXS |
Frequently asked questions
Right now, 1 OUSG is worth about $115.58.
Based on the current rate, you could get 0.008652 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 0.04326 OUSG. Inversely, 5 OUSG will cost about $577.91
OUSG can be custodied on Coinbase Wallet. Check out our guide to get more detailed instructions on how to buy OUSG.
There are a number of crypto assets that have the a similar or comparable market cap to OUSG, including Lympo, Cindicator, and Nitro Network. For a more robust list of assets to explore, jump to the asset page dedicated to OUSG.
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