About OUSG and LINEA
OUSG is falling, while Linea is climbing this week. The current OUSG to LINEA conversion rate is 39,991.35. Inversely, this means that if you convert 1 LINEA you will get 0.00002501 OUSG. The conversion rate of OUSG/LINEA has increased by 0.31% in the last hour (LINEA/OUSG decreased by 0.31%). In the last 24 hours, OUSG/LINEA shrunk by 3.29%, while LINEA/OUSG grew by the same amount.
The exchange rate of OUSG is decreasing. The current value of 1 OUSG is 39,991.35 LINEA. In other words, to buy 5 OUSG, it would cost you 199,956.77 LINEA. Inversely, 1 LINEA would allow you to trade for 0.00002501 OUSG while 50 LINEA would convert to 0.00125 OUSG, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 19.54%. Meanwhile, in the last 24 hours, the rate has changed by 3.35%, and that the highest exchange rate of 1 OUSG to LINEA was 42,072.07 LINEA and the lowest 24 hour value was 1 OUSG for 39,516.28 LINEA. Last month, 1 OUSG was worth 42,293.54 LINEA. Today, it's down 5.76%. Looking back a year, OUSG has changed by 4,018.06 LINEA. That means that in a single year, the value of OUSG has grown by 89.95%.
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.
Linea Market Stats
The LINEA token is the native asset of the Linea network, an Ethereum-aligned Layer 2 solution built with zk-rollup technology to boost the scalability and security of Ethereum.
Conversion tables
OUSG to LINEA values from Today at 6:24 am
0.5 OUSG = 19,995.68 LINEA |
1 OUSG = 39,991.35 LINEA |
5 OUSG = 199,956.77 LINEA |
10 OUSG = 399,913.55 LINEA |
50 OUSG = 1,999,567.74 LINEA |
100 OUSG = 3,999,135.49 LINEA |
500 OUSG = 19,995,677.43 LINEA |
1,000 OUSG = 39,991,354.86 LINEA |
LINEA to OUSG values from Today at 6:21 am
0.5 LINEA = 0.0000125 OUSG |
1 LINEA = 0.00002501 OUSG |
5 LINEA = 0.000125 OUSG |
10 LINEA = 0.0002501 OUSG |
50 LINEA = 0.00125 OUSG |
100 LINEA = 0.002501 OUSG |
500 LINEA = 0.0125 OUSG |
1,000 LINEA = 0.02501 OUSG |
OUSG to LINEA over time
OUSG | Today | 24H -3.35% | 1M -5.76% | 1Y 89.95% |
|---|---|---|---|---|
0.5 OUSG | 19,995.68 LINEA | 20,665.01 LINEA | 21,146.77 LINEA | 2,009.03 LINEA |
1 OUSG | 39,991.35 LINEA | 41,330.01 LINEA | 42,293.54 LINEA | 4,018.06 LINEA |
5 OUSG | 199,956.77 LINEA | 206,650.07 LINEA | 211,467.70 LINEA | 20,090.30 LINEA |
10 OUSG | 399,913.55 LINEA | 413,300.14 LINEA | 422,935.39 LINEA | 40,180.60 LINEA |
50 OUSG | 1,999,567.74 LINEA | 2,066,500.72 LINEA | 2,114,676.97 LINEA | 200,903.02 LINEA |
100 OUSG | 3,999,135.49 LINEA | 4,133,001.44 LINEA | 4,229,353.95 LINEA | 401,806.03 LINEA |
500 OUSG | 19,995,677.43 LINEA | 20,665,007.18 LINEA | 21,146,769.74 LINEA | 2,009,030.16 LINEA |
1,000 OUSG | 39,991,354.86 LINEA | 41,330,014.35 LINEA | 42,293,539.47 LINEA | 4,018,060.32 LINEA |
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