Convert OUSG OUSG to SWEAT Economy SWEAT
OUSG to SWEAT: 1 OUSG converts to 1,414,290.96 SWEAT
About OUSG and SWEAT
OUSG is climbing, while SWEAT Economy is falling this week. The current OUSG to SWEAT conversion rate is 1,414,290.96. Inversely, this means that if you convert 1 SWEAT you will get 0.0000007071 OUSG. The conversion rate of OUSG/SWEAT has decreased by 0% in the last hour (SWEAT/OUSG increased by 0%). In the last 24 hours, OUSG/SWEAT grew by 0.01%, while SWEAT/OUSG shrunk by 0.01%.
The exchange rate of OUSG is decreasing. The current value of 1 OUSG is 1,414,290.96 SWEAT. In other words, to buy 5 OUSG, it would cost you 7,071,454.80 SWEAT. Inversely, 1 SWEAT would allow you to trade for 0.0000007071 OUSG while 50 SWEAT would convert to 0.00003535 OUSG, not including platform or gas fees.
In the last 7 days, the exchange rate has increased by 1.22%. Meanwhile, in the last 24 hours, the rate has changed by 5.41%, which means that the highest exchange rate of 1 OUSG to SWEAT was 1,509,971.36 SWEAT and the lowest 24 hour value was 1 OUSG for 1,110,901.97 SWEAT. Last month, 1 OUSG was worth 334,871.55 SWEAT. Today, it's up 322.34%. Looking back a year, OUSG has changed by 96,141.03 SWEAT. That means that in a single year, the value of OUSG has grown by 1,371.06%.
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.
SWEAT Economy Market Stats
Conversion tables
OUSG to SWEAT values from Today at 3:26 am
0.5 OUSG = 707,145.48 SWEAT |
1 OUSG = 1,414,290.96 SWEAT |
5 OUSG = 7,071,454.80 SWEAT |
10 OUSG = 14,142,909.59 SWEAT |
50 OUSG = 70,714,547.97 SWEAT |
100 OUSG = 141,429,095.95 SWEAT |
500 OUSG = 707,145,479.74 SWEAT |
1,000 OUSG = 1,414,290,959.47 SWEAT |
SWEAT to OUSG values from Today at 3:25 am
0.5 SWEAT = 0.0000003535 OUSG |
1 SWEAT = 0.0000007071 OUSG |
5 SWEAT = 0.000003535 OUSG |
10 SWEAT = 0.000007071 OUSG |
50 SWEAT = 0.00003535 OUSG |
100 SWEAT = 0.00007071 OUSG |
500 SWEAT = 0.0003535 OUSG |
1,000 SWEAT = 0.0007071 OUSG |
OUSG to SWEAT over time
OUSG | Today | 24H -5.72% | 1M 76.32% | 1Y 93.20% |
|---|---|---|---|---|
0.5 OUSG | 707,145.48 SWEAT | 747,572.34 SWEAT | 167,435.77 SWEAT | 48,070.51 SWEAT |
1 OUSG | 1,414,290.96 SWEAT | 1,495,144.69 SWEAT | 334,871.55 SWEAT | 96,141.03 SWEAT |
5 OUSG | 7,071,454.80 SWEAT | 7,475,723.43 SWEAT | 1,674,357.74 SWEAT | 480,705.14 SWEAT |
10 OUSG | 14,142,909.59 SWEAT | 14,951,446.85 SWEAT | 3,348,715.49 SWEAT | 961,410.29 SWEAT |
50 OUSG | 70,714,547.97 SWEAT | 74,757,234.27 SWEAT | 16,743,577.45 SWEAT | 4,807,051.44 SWEAT |
100 OUSG | 141,429,095.95 SWEAT | 149,514,468.55 SWEAT | 33,487,154.89 SWEAT | 9,614,102.87 SWEAT |
500 OUSG | 707,145,479.74 SWEAT | 747,572,342.74 SWEAT | 167,435,774.46 SWEAT | 48,070,514.36 SWEAT |
1,000 OUSG | 1,414,290,959.47 SWEAT | 1,495,144,685.47 SWEAT | 334,871,548.92 SWEAT | 96,141,028.72 SWEAT |
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