About TRU and OUSG
TrueFi is falling, while OUSG is climbing this week. The current TRU to OUSG conversion rate is 0.000008855. Inversely, this means that if you convert 1 OUSG you will get 112,926.17 TRU. The conversion rate of TRU/OUSG has increased by 0.76% in the last hour (OUSG/TRU decreased by 0.76%). In the last 24 hours, TRU/OUSG shrunk by 116.89%, while OUSG/TRU grew by the same amount.
The exchange rate of TrueFi is decreasing. The current value of 1 TRU is 0.000008855 OUSG. In other words, to buy 5 TrueFi, it would cost you 0.000044277 OUSG. Inversely, 1 OUSG would allow you to trade for 112,926.17 TRU while 50 OUSG would convert to 5,646,308.43 TRU, not including platform or gas fees.
In the last 7 days, the exchange rate has increased by 0.62%. Meanwhile, in the last 24 hours, the rate has changed by 116.86%, which means that the highest exchange rate of 1 TRU to OUSG was 0.00001958 OUSG and the lowest 24 hour value was 1 TRU for 0.000008236 OUSG. Last month, 1 TRU was worth 0.000006645 OUSG. Today, it's up 24.96%. Looking back a year, TrueFi has changed by 0.000267 OUSG. That means that in a single year, the value of TrueFi has shrank by 2,915.28%.
TrueFi Market Stats
TRU is an Ethereum token that powers TrueFi, a decentralized finance protocol for uncollateralized lending using on-chain credit scores. TRU can be used for staking (i.e. to approve or reject new loans) and governance on the TrueFi protocol.
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.
Conversion tables
TRU to OUSG values from Today at 12:49 pm
0.5 TRU = 0.000004428 OUSG |
1 TRU = 0.000008855 OUSG |
5 TRU = 0.00004428 OUSG |
10 TRU = 0.00008855 OUSG |
50 TRU = 0.0004428 OUSG |
100 TRU = 0.0008855 OUSG |
500 TRU = 0.004428 OUSG |
1,000 TRU = 0.008855 OUSG |
OUSG to TRU values from Today at 12:50 pm
0.5 OUSG = 56,463.08 TRU |
1 OUSG = 112,926.17 TRU |
5 OUSG = 564,630.84 TRU |
10 OUSG = 1,129,261.69 TRU |
50 OUSG = 5,646,308.43 TRU |
100 OUSG = 11,292,616.85 TRU |
500 OUSG = 56,463,084.27 TRU |
1,000 OUSG = 112,926,168.54 TRU |
TRU to OUSG over time
TRU | Today | 24H -116.86% | 1M 24.96% | 1Y -2,915.28% |
|---|---|---|---|---|
0.5 TRU | 0.000004428 OUSG | 0.000009602 OUSG | 0.000003322 OUSG | 0.0001335 OUSG |
1 TRU | 0.000008855 OUSG | 0.0000192 OUSG | 0.000006645 OUSG | 0.000267 OUSG |
5 TRU | 0.00004428 OUSG | 0.00009602 OUSG | 0.00003322 OUSG | 0.001335 OUSG |
10 TRU | 0.00008855 OUSG | 0.000192 OUSG | 0.00006645 OUSG | 0.00267 OUSG |
50 TRU | 0.0004428 OUSG | 0.0009602 OUSG | 0.0003322 OUSG | 0.01335 OUSG |
100 TRU | 0.0008855 OUSG | 0.00192 OUSG | 0.0006645 OUSG | 0.0267 OUSG |
500 TRU | 0.004428 OUSG | 0.009602 OUSG | 0.003322 OUSG | 0.1335 OUSG |
1,000 TRU | 0.008855 OUSG | 0.0192 OUSG | 0.006645 OUSG | 0.267 OUSG |
Frequently asked questions
Right now, 1 TrueFi is worth about $0.00103.
Based on the current rate, you could get 970.44 TRU for 1 USD.
TrueFi price has been declining. Since yesterday, the exchange rate of TrueFi has decreased. Since last month, the exchange rate of TrueFi has increased. Since this time last year, the price of TrueFi has decreased.
You can use our TRU to USD calculator at the top of this page to convert any amount of TRU to USD. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 USD is equivalent to 4,852.19 TRU. Inversely, 5 TRU will cost about $0.005152
TrueFi is available to trade on DEX within your Coinbase app. Check out our guide to get more detailed instructions on how to buy TrueFi.
There are a number of crypto assets that have the a similar or comparable market cap to TrueFi, including Opus Genesis, Napoli Fan Token, and Boeing Tokenized Stock (Ondo). For a more robust list of assets to explore, jump to the asset page dedicated to TrueFi.
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