Convert OUSG OUSG to Pudgy Penguins PENGU
1 OUSG converts to 17,321.58 PENGU
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About OUSG and PENGU
OUSG is falling, while Pudgy Penguins is climbing this week. The current OUSG to PENGU conversion rate is 17,321.58. Inversely, this means that if you convert 1 PENGU you will get 0.00005773 OUSG. The conversion rate of OUSG/PENGU has decreased by 0.87% in the last hour (PENGU/OUSG increased by 0.87%). In the last 24 hours, OUSG/PENGU shrunk by 5.51%, while PENGU/OUSG grew by the same amount.
The exchange rate of OUSG is decreasing. The current value of 1 OUSG is 17,321.58 PENGU. In other words, to buy 5 OUSG, it would cost you 86,607.90 PENGU. Inversely, 1 PENGU would allow you to trade for 0.00005773 OUSG while 50 PENGU would convert to 0.002887 OUSG, not including platform or gas fees.
In the last 7 days, the exchange rate has increased by 16.86%. Meanwhile, in the last 24 hours, the rate has changed by 6.7%, which means that the highest exchange rate of 1 OUSG to PENGU was 19,800.12 PENGU and the lowest 24 hour value was 1 OUSG for 17,236.26 PENGU. Last month, 1 OUSG was worth 11,119.67 PENGU. Today, it's up 35.8%. Looking back a year, OUSG has changed by 11,218.47 PENGU. That means that in a single year, the value of OUSG has grown by 35.23%.
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.
Pudgy Penguins Market Stats
The Pudgy Penguins brand produces content, merchandise, toys, and digital collectables. PENGU is the official Pudgy Penguins token.
Conversion tables
OUSG to PENGU values from Today at 2:47 am
0.5 OUSG = 8,660.79 PENGU |
1 OUSG = 17,321.58 PENGU |
5 OUSG = 86,607.90 PENGU |
10 OUSG = 173,215.80 PENGU |
50 OUSG = 866,078.99 PENGU |
100 OUSG = 1,732,157.98 PENGU |
500 OUSG = 8,660,789.92 PENGU |
1,000 OUSG = 17,321,579.84 PENGU |
PENGU to OUSG values from Today at 2:48 am
0.5 PENGU = 0.00002887 OUSG |
1 PENGU = 0.00005773 OUSG |
5 PENGU = 0.0002887 OUSG |
10 PENGU = 0.0005773 OUSG |
50 PENGU = 0.002887 OUSG |
100 PENGU = 0.005773 OUSG |
500 PENGU = 0.02887 OUSG |
1,000 PENGU = 0.05773 OUSG |
OUSG to PENGU over time
OUSG | Today | 24H -6.70% | 1M 35.80% | 1Y 35.23% |
|---|---|---|---|---|
0.5 OUSG | 8,660.79 PENGU | 9,240.90 PENGU | 5,559.84 PENGU | 5,609.24 PENGU |
1 OUSG | 17,321.58 PENGU | 18,481.80 PENGU | 11,119.67 PENGU | 11,218.47 PENGU |
5 OUSG | 86,607.90 PENGU | 92,409.02 PENGU | 55,598.36 PENGU | 56,092.36 PENGU |
10 OUSG | 173,215.80 PENGU | 184,818.04 PENGU | 111,196.71 PENGU | 112,184.71 PENGU |
50 OUSG | 866,078.99 PENGU | 924,090.20 PENGU | 555,983.57 PENGU | 560,923.55 PENGU |
100 OUSG | 1,732,157.98 PENGU | 1,848,180.41 PENGU | 1,111,967.13 PENGU | 1,121,847.10 PENGU |
500 OUSG | 8,660,789.92 PENGU | 9,240,902.05 PENGU | 5,559,835.65 PENGU | 5,609,235.52 PENGU |
1,000 OUSG | 17,321,579.84 PENGU | 18,481,804.10 PENGU | 11,119,671.30 PENGU | 11,218,471.03 PENGU |
Frequently asked questions
Right now, 1 OUSG is worth about $115.47.
Based on the current rate, you could get 0.00866 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 0.0433 OUSG. Inversely, 5 OUSG will cost about $577.37
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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