About OUSG and DRC
OUSG is climbing, while Doric Network is falling this week. The current OUSG to DRC conversion rate is 1,710.01. Inversely, this means that if you convert 1 DRC you will get 0.0005848 OUSG. The conversion rate of OUSG/DRC has increased by 0% in the last hour (DRC/OUSG decreased by 0%). In the last 24 hours, OUSG/DRC grew by 0.15%, while DRC/OUSG shrunk by 0.15%.
The exchange rate of OUSG is increasing. The current value of 1 OUSG is 1,710.01 DRC. In other words, to buy 5 OUSG, it would cost you 8,550.06 DRC. Inversely, 1 DRC would allow you to trade for 0.0005848 OUSG while 50 DRC would convert to 0.02924 OUSG, not including platform or gas fees.
In the last 7 days, the exchange rate has increased by 0.17%. Meanwhile, in the last 24 hours, the rate has changed by 0.11%, which means that the highest exchange rate of 1 OUSG to DRC was 1,710.89 DRC and the lowest 24 hour value was 1 OUSG for 1,708.11 DRC. Last month, 1 OUSG was worth 2,134.41 DRC. Today, it's down 19.88%. Looking back a year, OUSG has changed by 492.67 DRC. That means that in a single year, the value of OUSG has grown by 247.09%.
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.
Doric Network Market Stats
Doric Network (DRC) is a cryptocurrency . Doric Network has a current supply of 690,000,000 with 0 in circulation. The last known price of Doric Network is 0.06861887 USD and is up -0.00 over the last 24 hours. It is currently trading on 2 active market(s) with $0.00 traded over the last 24 hours.
Conversion tables
OUSG to DRC values from Today at 5:55 pm
0.5 OUSG = 855.01 DRC |
1 OUSG = 1,710.01 DRC |
5 OUSG = 8,550.06 DRC |
10 OUSG = 17,100.11 DRC |
50 OUSG = 85,500.57 DRC |
100 OUSG = 171,001.14 DRC |
500 OUSG = 855,005.68 DRC |
1,000 OUSG = 1,710,011.36 DRC |
DRC to OUSG values from Today at 5:53 pm
0.5 DRC = 0.0002924 OUSG |
1 DRC = 0.0005848 OUSG |
5 DRC = 0.002924 OUSG |
10 DRC = 0.005848 OUSG |
50 DRC = 0.02924 OUSG |
100 DRC = 0.05848 OUSG |
500 DRC = 0.2924 OUSG |
1,000 DRC = 0.5848 OUSG |
OUSG to DRC over time
OUSG | Today | 24H 0.11% | 1M -24.82% | 1Y 71.19% |
|---|---|---|---|---|
0.5 OUSG | 855.01 DRC | 854.05 DRC | 1,067.21 DRC | 246.33 DRC |
1 OUSG | 1,710.01 DRC | 1,708.11 DRC | 2,134.41 DRC | 492.67 DRC |
5 OUSG | 8,550.06 DRC | 8,540.53 DRC | 10,672.07 DRC | 2,463.33 DRC |
10 OUSG | 17,100.11 DRC | 17,081.07 DRC | 21,344.14 DRC | 4,926.65 DRC |
50 OUSG | 85,500.57 DRC | 85,405.33 DRC | 106,720.69 DRC | 24,633.27 DRC |
100 OUSG | 171,001.14 DRC | 170,810.67 DRC | 213,441.37 DRC | 49,266.54 DRC |
500 OUSG | 855,005.68 DRC | 854,053.34 DRC | 1,067,206.86 DRC | 246,332.68 DRC |
1,000 OUSG | 1,710,011.36 DRC | 1,708,106.68 DRC | 2,134,413.72 DRC | 492,665.36 DRC |
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