Convert io.net IO to United States Oil Fund (Ondo Tokenized) USOON
IO to USOON: 1 io.net converts to 0.0007865 USOON
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About IO and USOON
io.net is climbing, while United States Oil Fund (Ondo Tokenized) is falling this week. The current IO to USOON conversion rate is 0.0007865. Inversely, this means that if you convert 1 USOON you will get 1,271.49 IO. The conversion rate of IO/USOON has increased by 0.38% in the last hour (USOON/IO decreased by 0.38%). In the last 24 hours, IO/USOON grew by 1.43%, while USOON/IO shrunk by 1.41%.
The exchange rate of io.net is decreasing. The current value of 1 IO is 0.0007865 USOON. In other words, to buy 5 io.net, it would cost you 0.0039324 USOON. Inversely, 1 USOON would allow you to trade for 1,271.49 IO while 50 USOON would convert to 63,574.75 IO, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 100%. Meanwhile, in the last 24 hours, the rate has changed by 100%, and that the highest exchange rate of 1 IO to USOON was 184.77 USOON and the lowest 24 hour value was 1 IO for 169.92 USOON. Last month, 1 IO was worth 232.24 USOON. Today, it's down 100%. Looking back a year, io.net has changed by 478.98 USOON. That means that in a single year, the value of io.net has shrank by 100%.
io.net Market Stats
io.net is a decentralized GPU network designed to give computing power to ML applications. Their mission is to unlock fair access to computing power by assembling 1 million + GPUs from independent data centers, crypto miners, and crypto projects such as Filecoin or Render. IO Coin is the native Coin of the IOG Network. IO functions as a payment and proof of stake token for the IOG network.
United States Oil Fund (Ondo Tokenized) Market Stats
USO delivers its exposure to oil using near-term futures. USO gets exposure to oil using derivatives, like several oil ETPs. The fund predominately holds near-month-futures contracts on WTI, rolling into future contracts every month. This method is particularly sensitive to short-term changes in spot prices. USO held front month contracts until April 17, 2020, at which time following leeway in the prospectus, USO changed the exposure from holding specifically front-month contracts to holding predominantly front-month contracts, 30% next month and 15% contracts with further expiry. USO is structured as a commodities pool, so expect a K-1 at tax time. Long-term holders will be taxed on any gains even if they didn't sell shares.
Conversion tables
IO to USOON values from Today at 4:22 am
0.5 IO = 0.0003932 USOON |
1 IO = 0.0007865 USOON |
5 IO = 0.003932 USOON |
10 IO = 0.007865 USOON |
50 IO = 0.03932 USOON |
100 IO = 0.07865 USOON |
500 IO = 0.3932 USOON |
1,000 IO = 0.7865 USOON |
USOON to IO values from Today at 3:41 am
0.5 USOON = 635.75 IO |
1 USOON = 1,271.49 IO |
5 USOON = 6,357.47 IO |
10 USOON = 12,714.95 IO |
50 USOON = 63,574.75 IO |
100 USOON = 127,149.49 IO |
500 USOON = 635,747.45 IO |
1,000 USOON = 1,271,494.90 IO |
IO to USOON over time
IO | Today | 24H -22,387,864.11% | 1M -29,528,932.32% | 1Y -60,901,644.96% |
|---|---|---|---|---|
0.5 IO | 0.0003932 USOON | 88.04 USOON | 116.12 USOON | 239.49 USOON |
1 IO | 0.0007865 USOON | 176.08 USOON | 232.24 USOON | 478.98 USOON |
5 IO | 0.003932 USOON | 880.38 USOON | 1,161.19 USOON | 2,394.89 USOON |
10 IO | 0.007865 USOON | 1,760.76 USOON | 2,322.39 USOON | 4,789.78 USOON |
50 IO | 0.03932 USOON | 8,803.80 USOON | 11,611.94 USOON | 23,948.88 USOON |
100 IO | 0.07865 USOON | 17,607.59 USOON | 23,223.87 USOON | 47,897.75 USOON |
500 IO | 0.3932 USOON | 88,037.96 USOON | 116,119.35 USOON | 239,488.75 USOON |
1,000 IO | 0.7865 USOON | 176,075.93 USOON | 232,238.70 USOON | 478,977.50 USOON |
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