About OUSG and MKR
OUSG is falling, while Maker is climbing this week. The current OUSG to MKR conversion rate is 0.07049. Inversely, this means that if you convert 1 MKR you will get 14.19 OUSG. The conversion rate of OUSG/MKR has decreased by 0.03% in the last hour (MKR/OUSG increased by 0.03%). In the last 24 hours, OUSG/MKR shrunk by 2.64%, while MKR/OUSG grew by the same amount.
The exchange rate of OUSG is decreasing. The current value of 1 OUSG is 0.07049 MKR. In other words, to buy 5 OUSG, it would cost you 0.35243 MKR. Inversely, 1 MKR would allow you to trade for 14.19 OUSG while 50 MKR would convert to 709.37 OUSG, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 5.18%. Meanwhile, in the last 24 hours, the rate has changed by 2.51%, and that the highest exchange rate of 1 OUSG to MKR was 0.07731 MKR and the lowest 24 hour value was 1 OUSG for 0.06922 MKR. Last month, 1 OUSG was worth 0.08571 MKR. Today, it's down 21.6%. Looking back a year, OUSG has changed by 0.0642 MKR. That means that in a single year, the value of OUSG has grown by 8.91%.
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 4:43 pm
0.5 OUSG = 0.03524 MKR |
1 OUSG = 0.07049 MKR |
5 OUSG = 0.3524 MKR |
10 OUSG = 0.7049 MKR |
50 OUSG = 3.52 MKR |
100 OUSG = 7.05 MKR |
500 OUSG = 35.24 MKR |
1,000 OUSG = 70.49 MKR |
MKR to OUSG values from Today at 4:40 pm
0.5 MKR = 7.09 OUSG |
1 MKR = 14.19 OUSG |
5 MKR = 70.94 OUSG |
10 MKR = 141.87 OUSG |
50 MKR = 709.37 OUSG |
100 MKR = 1,418.74 OUSG |
500 MKR = 7,093.69 OUSG |
1,000 MKR = 14,187.39 OUSG |
OUSG to MKR over time
OUSG | Today | 24H -2.51% | 1M -21.60% | 1Y 8.91% |
|---|---|---|---|---|
0.5 OUSG | 0.03524 MKR | 0.03613 MKR | 0.04286 MKR | 0.0321 MKR |
1 OUSG | 0.07049 MKR | 0.07225 MKR | 0.08571 MKR | 0.0642 MKR |
5 OUSG | 0.3524 MKR | 0.3613 MKR | 0.4286 MKR | 0.321 MKR |
10 OUSG | 0.7049 MKR | 0.7225 MKR | 0.8571 MKR | 0.642 MKR |
50 OUSG | 3.52 MKR | 3.61 MKR | 4.29 MKR | 3.21 MKR |
100 OUSG | 7.05 MKR | 7.23 MKR | 8.57 MKR | 6.42 MKR |
500 OUSG | 35.24 MKR | 36.13 MKR | 42.86 MKR | 32.10 MKR |
1,000 OUSG | 70.49 MKR | 72.25 MKR | 85.71 MKR | 64.20 MKR |
Frequently asked questions
Right now, 1 OUSG is worth about $116.41.
Based on the current rate, you could get 0.00859 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 0.04295 OUSG. Inversely, 5 OUSG will cost about $582.06
OUSG can be custodied on Coinbase Wallet. Check out our guide to get more detailed instructions on how to buy OUSG.
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