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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 WET
OUSG is climbing, while Humidifi is falling this week. The current OUSG to WET conversion rate is 1,796.78. Inversely, this means that if you convert 1 WET you will get 0.0005566 OUSG. The conversion rate of OUSG/WET has increased by 0.15% in the last hour (WET/OUSG decreased by 0.15%). In the last 24 hours, OUSG/WET grew by 3.08%, while WET/OUSG shrunk by the same amount.
The exchange rate of OUSG is increasing. The current value of 1 OUSG is 1,796.78 WET. In other words, to buy 5 OUSG, it would cost you 8,983.88 WET. Inversely, 1 WET would allow you to trade for 0.0005566 OUSG while 50 WET would convert to 0.02783 OUSG, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 2.81%. Meanwhile, in the last 24 hours, the rate has changed by 4.03%, and that the highest exchange rate of 1 OUSG to WET was 1,781.42 WET and the lowest 24 hour value was 1 OUSG for 1,677.01 WET. Last month, 1 OUSG was worth 1,710.57 WET. Today, it's up 4.8%. Looking back a year, OUSG has changed by ∞ WET. That means that in a single year, the value of OUSG has shrank by ∞%.
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.
Humidifi Market Stats
HumidiFi operates as a "dark pool DEX" with active liquidity management by professional market makers, offering lower slippage, tighter spreads, and higher capital efficiency than traditional AMMs. WET powers staking for trading rebates, fee reductions, and access to higher rebate tiers.
Conversion tables
OUSG to WET values from Today at 4:22 am
0.5 OUSG = 898.39 WET |
1 OUSG = 1,796.78 WET |
5 OUSG = 8,983.88 WET |
10 OUSG = 17,967.77 WET |
50 OUSG = 89,838.85 WET |
100 OUSG = 179,677.70 WET |
500 OUSG = 898,388.48 WET |
1,000 OUSG = 1,796,776.96 WET |
WET to OUSG values from Today at 4:22 am
0.5 WET = 0.0002783 OUSG |
1 WET = 0.0005566 OUSG |
5 WET = 0.002783 OUSG |
10 WET = 0.005566 OUSG |
50 WET = 0.02783 OUSG |
100 WET = 0.05566 OUSG |
500 WET = 0.2783 OUSG |
1,000 WET = 0.5566 OUSG |
OUSG to WET over time
OUSG | Today | 24H 4.03% | 1M 4.80% | 1Y 93.78% |
|---|---|---|---|---|
0.5 OUSG | 898.39 WET | 862.21 WET | 855.28 WET | 55.90 WET |
1 OUSG | 1,796.78 WET | 1,724.42 WET | 1,710.57 WET | 111.80 WET |
5 OUSG | 8,983.88 WET | 8,622.12 WET | 8,552.85 WET | 558.98 WET |
10 OUSG | 17,967.77 WET | 17,244.25 WET | 17,105.70 WET | 1,117.96 WET |
50 OUSG | 89,838.85 WET | 86,221.24 WET | 85,528.48 WET | 5,589.81 WET |
100 OUSG | 179,677.70 WET | 172,442.49 WET | 171,056.95 WET | 11,179.62 WET |
500 OUSG | 898,388.48 WET | 862,212.45 WET | 855,284.77 WET | 55,898.10 WET |
1,000 OUSG | 1,796,776.96 WET | 1,724,424.90 WET | 1,710,569.53 WET | 111,796.20 WET |
Frequently asked questions
Right now, 1 OUSG is worth about $115.89.
Based on the current rate, you could get 0.008629 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 0.04314 OUSG. Inversely, 5 OUSG will cost about $579.46
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 Etherlink Bridged USDC (Etherlink), Celer Bridged WBTC (Conflux), and WOLF SKULL. For a more robust list of assets to explore, jump to the asset page dedicated to OUSG.
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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.