About OUSG and OM
OUSG is falling, while MANTRA DAO is climbing this week. The current OUSG to OM conversion rate is 3,576.11. Inversely, this means that if you convert 1 OM you will get 0.0002796 OUSG. The conversion rate of OUSG/OM has decreased by 6.32% in the last hour (OM/OUSG increased by 6.74%). In the last 24 hours, OUSG/OM shrunk by 95.44%, while OM/OUSG grew by 2,094.97%.
The exchange rate of OUSG is decreasing. The current value of 1 OUSG is 3,576.11 OM. In other words, to buy 5 OUSG, it would cost you 17,880.55 OM. Inversely, 1 OM would allow you to trade for 0.0002796 OUSG while 50 OM would convert to 0.01398 OUSG, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 86.62%. Meanwhile, in the last 24 hours, the rate has changed by 95.44%, and that the highest exchange rate of 1 OUSG to OM was 79,858.53 OM and the lowest 24 hour value was 1 OUSG for 2,284.61 OM. Last month, 1 OUSG was worth 45,135.53 OM. Today, it's down 92.08%. Looking back a year, OUSG has changed by 966.26 OM. That means that in a single year, the value of OUSG has grown by 270.1%.
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.
MANTRA DAO Market Stats
Conversion tables
OUSG to OM values from Today at 7:39 am
0.5 OUSG = 1,788.06 OM |
1 OUSG = 3,576.11 OM |
5 OUSG = 17,880.55 OM |
10 OUSG = 35,761.10 OM |
50 OUSG = 178,805.51 OM |
100 OUSG = 357,611.01 OM |
500 OUSG = 1,788,055.07 OM |
1,000 OUSG = 3,576,110.13 OM |
OM to OUSG values from Today at 7:38 am
0.5 OM = 0.0001398 OUSG |
1 OM = 0.0002796 OUSG |
5 OM = 0.001398 OUSG |
10 OM = 0.002796 OUSG |
50 OM = 0.01398 OUSG |
100 OM = 0.02796 OUSG |
500 OM = 0.1398 OUSG |
1,000 OM = 0.2796 OUSG |
OUSG to OM over time
OUSG | Today | 24H -2,094.97% | 1M -1,162.14% | 1Y 72.98% |
|---|---|---|---|---|
0.5 OUSG | 1,788.06 OM | 39,247.20 OM | 22,567.76 OM | 483.13 OM |
1 OUSG | 3,576.11 OM | 78,494.40 OM | 45,135.53 OM | 966.26 OM |
5 OUSG | 17,880.55 OM | 392,471.98 OM | 225,677.65 OM | 4,831.28 OM |
10 OUSG | 35,761.10 OM | 784,943.95 OM | 451,355.29 OM | 9,662.57 OM |
50 OUSG | 178,805.51 OM | 3,924,719.77 OM | 2,256,776.45 OM | 48,312.84 OM |
100 OUSG | 357,611.01 OM | 7,849,439.53 OM | 4,513,552.91 OM | 96,625.69 OM |
500 OUSG | 1,788,055.07 OM | 39,247,197.65 OM | 22,567,764.54 OM | 483,128.43 OM |
1,000 OUSG | 3,576,110.13 OM | 78,494,395.30 OM | 45,135,529.08 OM | 966,256.86 OM |
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