Convert OUSG OUSG to Steakhouse USDC (Base) Morpho Vault STEAKUSDC
1 OUSG converts to 105.78 STEAKUSDC
About OUSG and STEAKUSDC
OUSG is falling, while Steakhouse USDC (Base) Morpho Vault is climbing this week. The current OUSG to STEAKUSDC conversion rate is 105.78. Inversely, this means that if you convert 1 STEAKUSDC you will get 0.009454 OUSG. The conversion rate of OUSG/STEAKUSDC has decreased by 0% in the last hour (STEAKUSDC/OUSG increased by 0%). In the last 24 hours, OUSG/STEAKUSDC shrunk by 0.01%, while STEAKUSDC/OUSG grew by the same amount.
The exchange rate of OUSG is decreasing. The current value of 1 OUSG is 105.78 STEAKUSDC. In other words, to buy 5 OUSG, it would cost you 528.88 STEAKUSDC. Inversely, 1 STEAKUSDC would allow you to trade for 0.009454 OUSG while 50 STEAKUSDC would convert to 0.4727 OUSG, not including platform or gas fees.
In the last 7 days, the exchange rate has increased by 0.01%. Meanwhile, in the last 24 hours, the rate has changed by 0.01%, which means that the highest exchange rate of 1 OUSG to STEAKUSDC was 105.79 STEAKUSDC and the lowest 24 hour value was 1 OUSG for 105.78 STEAKUSDC. Last month, 1 OUSG was worth 105.79 STEAKUSDC. Today, it's down 0.01%. Looking back a year, OUSG has changed by 106.10 STEAKUSDC. That means that in a single year, the value of OUSG has shrank by 0.31%.
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.
Steakhouse USDC (Base) Morpho Vault Market Stats
Steakhouse vaults aims to optimize yields by lending deposited assets against blue chip crypto and real world asset (RWA) collateral markets, depending on market conditions. We call this the "dual engine." Morpho Vaults are curated lending vaults that can allocate deposits to any number of Morpho Markets. Each vault is customizable and has a different risk profile. Curators are independent, third-party risk experts who use their expertise to offer various Morpho Vaults.
Conversion tables
OUSG to STEAKUSDC values from Today at 7:50 am
0.5 OUSG = 52.89 STEAKUSDC |
1 OUSG = 105.78 STEAKUSDC |
5 OUSG = 528.88 STEAKUSDC |
10 OUSG = 1,057.77 STEAKUSDC |
50 OUSG = 5,288.85 STEAKUSDC |
100 OUSG = 10,577.69 STEAKUSDC |
500 OUSG = 52,888.46 STEAKUSDC |
1,000 OUSG = 105,776.92 STEAKUSDC |
STEAKUSDC to OUSG values from Today at 7:50 am
0.5 STEAKUSDC = 0.004727 OUSG |
1 STEAKUSDC = 0.009454 OUSG |
5 STEAKUSDC = 0.04727 OUSG |
10 STEAKUSDC = 0.09454 OUSG |
50 STEAKUSDC = 0.4727 OUSG |
100 STEAKUSDC = 0.9454 OUSG |
500 STEAKUSDC = 4.73 OUSG |
1,000 STEAKUSDC = 9.45 OUSG |
OUSG to STEAKUSDC over time
OUSG | Today | 24H -0.01% | 1M -0.01% | 1Y -0.31% |
|---|---|---|---|---|
0.5 OUSG | 52.89 STEAKUSDC | 52.89 STEAKUSDC | 52.89 STEAKUSDC | 53.05 STEAKUSDC |
1 OUSG | 105.78 STEAKUSDC | 105.79 STEAKUSDC | 105.79 STEAKUSDC | 106.10 STEAKUSDC |
5 OUSG | 528.88 STEAKUSDC | 528.93 STEAKUSDC | 528.93 STEAKUSDC | 530.52 STEAKUSDC |
10 OUSG | 1,057.77 STEAKUSDC | 1,057.86 STEAKUSDC | 1,057.86 STEAKUSDC | 1,061.03 STEAKUSDC |
50 OUSG | 5,288.85 STEAKUSDC | 5,289.31 STEAKUSDC | 5,289.30 STEAKUSDC | 5,305.16 STEAKUSDC |
100 OUSG | 10,577.69 STEAKUSDC | 10,578.62 STEAKUSDC | 10,578.60 STEAKUSDC | 10,610.32 STEAKUSDC |
500 OUSG | 52,888.46 STEAKUSDC | 52,893.11 STEAKUSDC | 52,893.00 STEAKUSDC | 53,051.58 STEAKUSDC |
1,000 OUSG | 105,776.92 STEAKUSDC | 105,786.23 STEAKUSDC | 105,786.00 STEAKUSDC | 106,103.17 STEAKUSDC |
Frequently asked questions
Right now, 1 OUSG is worth about $115.70.
Based on the current rate, you could get 0.008643 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 0.04321 OUSG. Inversely, 5 OUSG will cost about $578.51
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 SigRSV, Etherlink Bridged USDC (Etherlink), and Leverage WBTC. For a more robust list of assets to explore, jump to the asset page dedicated to OUSG.
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