About OUSG and MKR
OUSG is climbing, while Maker is falling this week. The current OUSG to MKR conversion rate is 0.09127. Inversely, this means that if you convert 1 MKR you will get 10.96 OUSG. The conversion rate of OUSG/MKR has increased by 0.19% in the last hour (MKR/OUSG decreased by 0.19%). In the last 24 hours, OUSG/MKR grew by 2.04%, while MKR/OUSG shrunk by the same amount.
The exchange rate of OUSG is increasing. The current value of 1 OUSG is 0.09127 MKR. In other words, to buy 5 OUSG, it would cost you 0.45634 MKR. Inversely, 1 MKR would allow you to trade for 10.96 OUSG while 50 MKR would convert to 547.83 OUSG, not including platform or gas fees.
In the last 7 days, the exchange rate has increased by 5.35%. Meanwhile, in the last 24 hours, the rate has changed by 1.88%, which means that the highest exchange rate of 1 OUSG to MKR was 0.09516 MKR and the lowest 24 hour value was 1 OUSG for 0.08848 MKR. Last month, 1 OUSG was worth 0.07122 MKR. Today, it's up 21.97%. Looking back a year, OUSG has changed by 0.05635 MKR. That means that in a single year, the value of OUSG has grown by 38.26%.
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.
Maker Market Stats
Maker is an Ethereum token that describes itself as “a utility token, governance token, and recapitalization resource of the Maker system.” The purpose of the Maker system is to generate another Ethereum token, called Dai, that seeks to trade on exchanges at a value of exactly US$1.00.
Conversion tables
OUSG to MKR values from Today at 11:54 am
0.5 OUSG = 0.04563 MKR |
1 OUSG = 0.09127 MKR |
5 OUSG = 0.4563 MKR |
10 OUSG = 0.9127 MKR |
50 OUSG = 4.56 MKR |
100 OUSG = 9.13 MKR |
500 OUSG = 45.63 MKR |
1,000 OUSG = 91.27 MKR |
MKR to OUSG values from Today at 11:52 am
0.5 MKR = 5.48 OUSG |
1 MKR = 10.96 OUSG |
5 MKR = 54.78 OUSG |
10 MKR = 109.57 OUSG |
50 MKR = 547.83 OUSG |
100 MKR = 1,095.66 OUSG |
500 MKR = 5,478.32 OUSG |
1,000 MKR = 10,956.65 OUSG |
OUSG to MKR over time
OUSG | Today | 24H 1.88% | 1M 21.97% | 1Y 38.26% |
|---|---|---|---|---|
0.5 OUSG | 0.04563 MKR | 0.04478 MKR | 0.03561 MKR | 0.02818 MKR |
1 OUSG | 0.09127 MKR | 0.08955 MKR | 0.07122 MKR | 0.05635 MKR |
5 OUSG | 0.4563 MKR | 0.4478 MKR | 0.3561 MKR | 0.2818 MKR |
10 OUSG | 0.9127 MKR | 0.8955 MKR | 0.7122 MKR | 0.5635 MKR |
50 OUSG | 4.56 MKR | 4.48 MKR | 3.56 MKR | 2.82 MKR |
100 OUSG | 9.13 MKR | 8.96 MKR | 7.12 MKR | 5.64 MKR |
500 OUSG | 45.63 MKR | 44.78 MKR | 35.61 MKR | 28.18 MKR |
1,000 OUSG | 91.27 MKR | 89.55 MKR | 71.22 MKR | 56.35 MKR |
Frequently asked questions
Right now, 1 OUSG is worth about $115.74.
Based on the current rate, you could get 0.00864 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 0.0432 OUSG. Inversely, 5 OUSG will cost about $578.72
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 AvaCoach, Hydra, and Ionic Tether USD. For a more robust list of assets to explore, jump to the asset page dedicated to OUSG.
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