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About IO and OUSG
io.net is climbing, while OUSG is falling this week. The current IO to OUSG conversion rate is 0.001263. Inversely, this means that if you convert 1 OUSG you will get 791.82 IO. The conversion rate of IO/OUSG has increased by 0.34% in the last hour (OUSG/IO decreased by 0.34%). In the last 24 hours, IO/OUSG grew by 2.45%, while OUSG/IO shrunk by the same amount.
The exchange rate of io.net is increasing. The current value of 1 IO is 0.001263 OUSG. In other words, to buy 5 io.net, it would cost you 0.006315 OUSG. Inversely, 1 OUSG would allow you to trade for 791.82 IO while 50 OUSG would convert to 39,591.23 IO, not including platform or gas fees.
In the last 7 days, the exchange rate has increased by 1.3%. Meanwhile, in the last 24 hours, the rate has changed by 2.39%, which means that the highest exchange rate of 1 IO to OUSG was 0.001328 OUSG and the lowest 24 hour value was 1 IO for 0.001228 OUSG. Last month, 1 IO was worth 0.001521 OUSG. Today, it's down 20.46%. Looking back a year, io.net has changed by 0.006638 OUSG. That means that in a single year, the value of io.net has shrank by 425.61%.
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.
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
IO to OUSG values from Today at 3:06 pm
0.5 IO = 0.0006315 OUSG |
1 IO = 0.001263 OUSG |
5 IO = 0.006315 OUSG |
10 IO = 0.01263 OUSG |
50 IO = 0.06315 OUSG |
100 IO = 0.1263 OUSG |
500 IO = 0.6315 OUSG |
1,000 IO = 1.26 OUSG |
OUSG to IO values from Today at 3:06 pm
0.5 OUSG = 395.91 IO |
1 OUSG = 791.82 IO |
5 OUSG = 3,959.12 IO |
10 OUSG = 7,918.25 IO |
50 OUSG = 39,591.23 IO |
100 OUSG = 79,182.46 IO |
500 OUSG = 395,912.30 IO |
1,000 OUSG = 791,824.61 IO |
IO to OUSG over time
IO | Today | 24H 2.39% | 1M -20.46% | 1Y -425.61% |
|---|---|---|---|---|
0.5 IO | 0.0006315 OUSG | 0.0006164 OUSG | 0.0007606 OUSG | 0.003319 OUSG |
1 IO | 0.001263 OUSG | 0.001233 OUSG | 0.001521 OUSG | 0.006638 OUSG |
5 IO | 0.006315 OUSG | 0.006164 OUSG | 0.007606 OUSG | 0.03319 OUSG |
10 IO | 0.01263 OUSG | 0.01233 OUSG | 0.01521 OUSG | 0.06638 OUSG |
50 IO | 0.06315 OUSG | 0.06164 OUSG | 0.07606 OUSG | 0.3319 OUSG |
100 IO | 0.1263 OUSG | 0.1233 OUSG | 0.1521 OUSG | 0.6638 OUSG |
500 IO | 0.6315 OUSG | 0.6164 OUSG | 0.7606 OUSG | 3.32 OUSG |
1,000 IO | 1.26 OUSG | 1.23 OUSG | 1.52 OUSG | 6.64 OUSG |
Frequently asked questions
Right now, 1 io.net is worth about CA$0.2068.
Based on the current rate, you could get 4.84 IO for 1 CAD.
io.net price has been on the rise. Since yesterday, the exchange rate of io.net has increased. Since last month, the exchange rate of io.net has decreased. Since this time last year, the price of io.net has decreased.
You can use our IO to CAD calculator at the top of this page to convert any amount of IO to CAD. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 CAD is equivalent to 24.18 IO. Inversely, 5 IO will cost about CA$1.03
io.net is currently available to buy on Coinbase's centralized exchange. Check out our guide to get more detailed instructions on how to buy io.net.
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