Convert United States Oil Fund (Ondo Tokenized) USOON to UMA UMA
USOON to UMA: 1 United States Oil Fund (Ondo Tokenized) converts to 478.45 UMA
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About USOON and UMA
United States Oil Fund (Ondo Tokenized) is falling, while UMA is climbing this week. The current USOON to UMA conversion rate is 478.45. Inversely, this means that if you convert 1 UMA you will get 0.00209 USOON. The conversion rate of USOON/UMA has decreased by 0% in the last hour (UMA/USOON increased by 0%). In the last 24 hours, USOON/UMA shrunk by 1.93%, while UMA/USOON grew by 1.97%.
The exchange rate of United States Oil Fund (Ondo Tokenized) is increasing. The current value of 1 USOON is 478.45 UMA. In other words, to buy 5 United States Oil Fund (Ondo Tokenized), it would cost you 2,392.25 UMA. Inversely, 1 UMA would allow you to trade for 0.00209 USOON while 50 UMA would convert to 0.1045 USOON, not including platform or gas fees.
In the last 7 days, the exchange rate has increased by 0%. Meanwhile, in the last 24 hours, the rate has changed by 0%, which means that the highest exchange rate of 1 USOON to UMA was 0.00 UMA and the lowest 24 hour value was 1 USOON for ∞ UMA. Last month, 1 USOON was worth 0.00 UMA. Today, it's up 0%. Looking back a year, United States Oil Fund (Ondo Tokenized) has changed by 0.00 UMA. That means that in a single year, the value of United States Oil Fund (Ondo Tokenized) has grown by 0%.
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.
UMA Market Stats
UMA is an Ethereum token that describes itself as “an open-source protocol that allows developers to design and create their own financial contracts and synthetic assets.” The protocol’s name comes from the team’s goal of creating universal market access (UMA).
Conversion tables
USOON to UMA values from Today at 11:32 pm
0.5 USOON = 239.23 UMA |
1 USOON = 478.45 UMA |
5 USOON = 2,392.25 UMA |
10 USOON = 4,784.51 UMA |
50 USOON = 23,922.54 UMA |
100 USOON = 47,845.09 UMA |
500 USOON = 239,225.45 UMA |
1,000 USOON = 478,450.90 UMA |
UMA to USOON values from Today at 12:24 am
0.5 UMA = 0.001045 USOON |
1 UMA = 0.00209 USOON |
5 UMA = 0.01045 USOON |
10 UMA = 0.0209 USOON |
50 UMA = 0.1045 USOON |
100 UMA = 0.209 USOON |
500 UMA = 1.05 USOON |
1,000 UMA = 2.09 USOON |
USOON to UMA over time
USOON | Today | 24H 100.00% | 1M 100.00% | 1Y 100.00% |
|---|---|---|---|---|
0.5 USOON | 239.23 UMA | 0.00 UMA | 0.00 UMA | 0.00 UMA |
1 USOON | 478.45 UMA | 0.00 UMA | 0.00 UMA | 0.00 UMA |
5 USOON | 2,392.25 UMA | 0.00 UMA | 0.00 UMA | 0.00 UMA |
10 USOON | 4,784.51 UMA | 0.00 UMA | 0.00 UMA | 0.00 UMA |
50 USOON | 23,922.54 UMA | 0.00 UMA | 0.00 UMA | 0.00 UMA |
100 USOON | 47,845.09 UMA | 0.00 UMA | 0.00 UMA | 0.00 UMA |
500 USOON | 239,225.45 UMA | 0.00 UMA | 0.00 UMA | 0.00 UMA |
1,000 USOON | 478,450.90 UMA | 0.00 UMA | 0.00 UMA | 0.00 UMA |
Frequently asked questions
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This content is being provided to you for informational purposes only, does not constitute an offer, or solicitation of an offer nor a recommendation by Coinbase to buy, sell, or hold any security, financial product, or instrument referenced in the content, and does not constitute investment advice, financial advice, trading advice, or any other sort of advice. Data presented may reflect asset prices traded on the Coinbase exchange as well as other cryptocurrency exchanges and market data platform. Coinbase may charge fees for the processing of cryptocurrency transactions which may not be reflected in the conversion prices displayed. Coinbase is not liable for any errors or delays in content, or for any actions taken in reliance on any content.