Earn up to $2,000 when you buy $50 in crypto
Earn free crypto after making your first purchase. Terms apply.
Sum of median estimated savings and rewards earned, per user in 2021 across multiple Coinbase programs (excluding sweepstakes). This amount includes fee waivers from Coinbase One (excluding the subscription cost), rewards from Coinbase Card, and staking rewards.
About OUSG and RAY
OUSG is climbing, while Raydium is falling this week. The current OUSG to RAY conversion rate is 206.89. Inversely, this means that if you convert 1 RAY you will get 0.004834 OUSG. The conversion rate of OUSG/RAY has decreased by 1.3% in the last hour (RAY/OUSG increased by 1.3%). In the last 24 hours, OUSG/RAY grew by 12.56%, while RAY/OUSG shrunk by the same amount.
The exchange rate of OUSG is increasing. The current value of 1 OUSG is 206.89 RAY. In other words, to buy 5 OUSG, it would cost you 1,034.44 RAY. Inversely, 1 RAY would allow you to trade for 0.004834 OUSG while 50 RAY would convert to 0.2417 OUSG, not including platform or gas fees.
In the last 7 days, the exchange rate has increased by 21.67%. Meanwhile, in the last 24 hours, the rate has changed by 10.82%, which means that the highest exchange rate of 1 OUSG to RAY was 212.58 RAY and the lowest 24 hour value was 1 OUSG for 184.50 RAY. Last month, 1 OUSG was worth 141.90 RAY. Today, it's up 31.41%. Looking back a year, OUSG has changed by 51.99 RAY. That means that in a single year, the value of OUSG has grown by 74.87%.
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.
Raydium Market Stats
RAY is the native utility token for Raydium, an automated market maker (AMM) and decentralized exchange built on the Solana blockchain. Holders can stake RAY to earn a portion of protocol fees, participate in initial DEX offerings (IDOs), and vote on governance proposals regarding the platform’s development.
Conversion tables
OUSG to RAY values from Today at 8:02 pm
0.5 OUSG = 103.44 RAY |
1 OUSG = 206.89 RAY |
5 OUSG = 1,034.44 RAY |
10 OUSG = 2,068.87 RAY |
50 OUSG = 10,344.35 RAY |
100 OUSG = 20,688.71 RAY |
500 OUSG = 103,443.54 RAY |
1,000 OUSG = 206,887.07 RAY |
RAY to OUSG values from Today at 8:02 pm
0.5 RAY = 0.002417 OUSG |
1 RAY = 0.004834 OUSG |
5 RAY = 0.02417 OUSG |
10 RAY = 0.04834 OUSG |
50 RAY = 0.2417 OUSG |
100 RAY = 0.4834 OUSG |
500 RAY = 2.42 OUSG |
1,000 RAY = 4.83 OUSG |
OUSG to RAY over time
OUSG | Today | 24H 10.82% | 1M 31.41% | 1Y 74.87% |
|---|---|---|---|---|
0.5 OUSG | 103.44 RAY | 92.25 RAY | 70.95 RAY | 25.99 RAY |
1 OUSG | 206.89 RAY | 184.50 RAY | 141.90 RAY | 51.99 RAY |
5 OUSG | 1,034.44 RAY | 922.52 RAY | 709.48 RAY | 259.93 RAY |
10 OUSG | 2,068.87 RAY | 1,845.04 RAY | 1,418.96 RAY | 519.87 RAY |
50 OUSG | 10,344.35 RAY | 9,225.18 RAY | 7,094.79 RAY | 2,599.34 RAY |
100 OUSG | 20,688.71 RAY | 18,450.36 RAY | 14,189.57 RAY | 5,198.68 RAY |
500 OUSG | 103,443.54 RAY | 92,251.82 RAY | 70,947.86 RAY | 25,993.40 RAY |
1,000 OUSG | 206,887.07 RAY | 184,503.65 RAY | 141,895.72 RAY | 51,986.80 RAY |
Frequently asked questions
Right now, 1 OUSG is worth about $115.46.
Based on the current rate, you could get 0.008661 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 0.0433 OUSG. Inversely, 5 OUSG will cost about $577.32
OUSG can be custodied on Coinbase Wallet. Check out our guide to get more detailed instructions on how to buy OUSG.
Buy OUSG with Coinbase
Create a Coinbase account to buy and sell OUSG on the most secure crypto exchange.
Related conversions
Learn how to buy popular cryptocurrencies
Discover other cryptocurrencies to currency conversions
Discover other cryptocurrency conversions
Start your crypto portfolio today
Sign up for a Coinbase account today and see what the world of decentralized finance can do for you.
This content is being provided to you for informational purposes only, does not constitute an offer, or solicitation of an offer nor a recommendation by Coinbase to buy, sell, or hold any security, financial product, or instrument referenced in the content, and does not constitute investment advice, financial advice, trading advice, or any other sort of advice. Data presented may reflect asset prices traded on the Coinbase exchange as well as other cryptocurrency exchanges and market data platform. Coinbase may charge fees for the processing of cryptocurrency transactions which may not be reflected in the conversion prices displayed. Coinbase is not liable for any errors or delays in content, or for any actions taken in reliance on any content.