About OUSG and SXP
OUSG is climbing, while Solar is falling this week. The current OUSG to SXP conversion rate is 1,720,404.03. Inversely, this means that if you convert 1 SXP you will get 0.0000005813 OUSG. The conversion rate of OUSG/SXP has decreased by 0.15% in the last hour (SXP/OUSG increased by 0.15%). In the last 24 hours, OUSG/SXP grew by 1.01%, while SXP/OUSG shrunk by the same amount.
The exchange rate of OUSG is increasing. The current value of 1 OUSG is 1,720,404.03 SXP. In other words, to buy 5 OUSG, it would cost you 8,602,020.17 SXP. Inversely, 1 SXP would allow you to trade for 0.0000005813 OUSG while 50 SXP would convert to 0.00002906 OUSG, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 9.18%. Meanwhile, in the last 24 hours, the rate has changed by 1.04%, and that the highest exchange rate of 1 OUSG to SXP was 1,723,374.59 SXP and the lowest 24 hour value was 1 OUSG for 1,700,072.15 SXP. Last month, 1 OUSG was worth 1,854,377.69 SXP. Today, it's down 7.79%. Looking back a year, OUSG has changed by 684.69 SXP. That means that in a single year, the value of OUSG has grown by 99.96%.
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.
Solar Market Stats
Solar is a Layer 1 blockchain network secured by 53 Block Producers through Delegated Proof of Stake (DPoS) consensus, with SXP as its native utility coin. The network's security and governance are maintained through a system where coin holders can participate by voting for Block Producers. As an open, community-driven ecosystem, Solar enables collaboration between Block Producers and coin holders, fostering continuous development and enhancing the network's infrastructure. To bridge blockchain technology with traditional business needs, Solar Enterprises, established through funding from the Solar Blockchain Foundation, focuses on developing these consumer-oriented products and services. Current development includes an innovative crypto-first e-SIM solution aimed at international travellers.
Conversion tables
OUSG to SXP values from Today at 11:37 am
0.5 OUSG = 860,202.02 SXP |
1 OUSG = 1,720,404.03 SXP |
5 OUSG = 8,602,020.17 SXP |
10 OUSG = 17,204,040.34 SXP |
50 OUSG = 86,020,201.71 SXP |
100 OUSG = 172,040,403.42 SXP |
500 OUSG = 860,202,017.09 SXP |
1,000 OUSG = 1,720,404,034.18 SXP |
SXP to OUSG values from Today at 11:36 am
0.5 SXP = 0.0000002906 OUSG |
1 SXP = 0.0000005813 OUSG |
5 SXP = 0.000002906 OUSG |
10 SXP = 0.000005813 OUSG |
50 SXP = 0.00002906 OUSG |
100 SXP = 0.00005813 OUSG |
500 SXP = 0.0002906 OUSG |
1,000 SXP = 0.0005813 OUSG |
OUSG to SXP over time
OUSG | Today | 24H 1.04% | 1M -7.79% | 1Y 99.96% |
|---|---|---|---|---|
0.5 OUSG | 860,202.02 SXP | 851,263.68 SXP | 927,188.84 SXP | 342.35 SXP |
1 OUSG | 1,720,404.03 SXP | 1,702,527.35 SXP | 1,854,377.69 SXP | 684.69 SXP |
5 OUSG | 8,602,020.17 SXP | 8,512,636.76 SXP | 9,271,888.45 SXP | 3,423.47 SXP |
10 OUSG | 17,204,040.34 SXP | 17,025,273.52 SXP | 18,543,776.90 SXP | 6,846.93 SXP |
50 OUSG | 86,020,201.71 SXP | 85,126,367.60 SXP | 92,718,884.49 SXP | 34,234.67 SXP |
100 OUSG | 172,040,403.42 SXP | 170,252,735.20 SXP | 185,437,768.98 SXP | 68,469.33 SXP |
500 OUSG | 860,202,017.09 SXP | 851,263,676.02 SXP | 927,188,844.89 SXP | 342,346.67 SXP |
1,000 OUSG | 1,720,404,034.18 SXP | 1,702,527,352.04 SXP | 1,854,377,689.79 SXP | 684,693.33 SXP |
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