About ALT and OUSG
Altlayer is climbing, while OUSG is falling this week. The current ALT to OUSG conversion rate is 0.00004555. Inversely, this means that if you convert 1 OUSG you will get 21,951.91 ALT. The conversion rate of ALT/OUSG has decreased by 0% in the last hour (OUSG/ALT increased by 0%). In the last 24 hours, ALT/OUSG grew by 0.56%, while OUSG/ALT shrunk by 0.55%.
The exchange rate of Altlayer is increasing. The current value of 1 ALT is 0.00004555 OUSG. In other words, to buy 5 Altlayer, it would cost you 0.00022777 OUSG. Inversely, 1 OUSG would allow you to trade for 21,951.91 ALT while 50 OUSG would convert to 1,097,595.62 ALT, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 5.22%. Meanwhile, in the last 24 hours, the rate has changed by 0.74%, and that the highest exchange rate of 1 ALT to OUSG was 0.00004602 OUSG and the lowest 24 hour value was 1 ALT for 0.00004428 OUSG. Last month, 1 ALT was worth 0.00006911 OUSG. Today, it's down 34.08%. Looking back a year, Altlayer has changed by 0.0001577 OUSG. That means that in a single year, the value of Altlayer has shrank by 71.12%.
Altlayer Market Stats
AltLayer is an open and decentralised protocol for rollups that brings together the novel idea of a Restaked rollup, which takes existing rollups and provides them with enhanced security, decentralization, interoperability and crypto-economic fast finality. ALT is AltLayer’s native utility token and can be used for governance, protocol fee payments, economic bonding, and protocol incentivization.
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
ALT to OUSG values from Today at 2:28 pm
0.5 ALT = 0.00002278 OUSG |
1 ALT = 0.00004555 OUSG |
5 ALT = 0.0002278 OUSG |
10 ALT = 0.0004555 OUSG |
50 ALT = 0.002278 OUSG |
100 ALT = 0.004555 OUSG |
500 ALT = 0.02278 OUSG |
1,000 ALT = 0.04555 OUSG |
OUSG to ALT values from Today at 2:29 pm
0.5 OUSG = 10,975.96 ALT |
1 OUSG = 21,951.91 ALT |
5 OUSG = 109,759.56 ALT |
10 OUSG = 219,519.12 ALT |
50 OUSG = 1,097,595.62 ALT |
100 OUSG = 2,195,191.23 ALT |
500 OUSG = 10,975,956.16 ALT |
1,000 OUSG = 21,951,912.33 ALT |
ALT to OUSG over time
ALT | Today | 24H 0.74% | 1M -51.70% | 1Y -246.21% |
|---|---|---|---|---|
0.5 ALT | 0.00002278 OUSG | 0.00002261 OUSG | 0.00003455 OUSG | 0.00007886 OUSG |
1 ALT | 0.00004555 OUSG | 0.00004522 OUSG | 0.00006911 OUSG | 0.0001577 OUSG |
5 ALT | 0.0002278 OUSG | 0.0002261 OUSG | 0.0003455 OUSG | 0.0007886 OUSG |
10 ALT | 0.0004555 OUSG | 0.0004522 OUSG | 0.0006911 OUSG | 0.001577 OUSG |
50 ALT | 0.002278 OUSG | 0.002261 OUSG | 0.003455 OUSG | 0.007886 OUSG |
100 ALT | 0.004555 OUSG | 0.004522 OUSG | 0.006911 OUSG | 0.01577 OUSG |
500 ALT | 0.02278 OUSG | 0.02261 OUSG | 0.03455 OUSG | 0.07886 OUSG |
1,000 ALT | 0.04555 OUSG | 0.04522 OUSG | 0.06911 OUSG | 0.1577 OUSG |
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