About OUSG and MX
OUSG is falling, while MX Token is climbing this week. The current OUSG to MX conversion rate is 66.47. Inversely, this means that if you convert 1 MX you will get 0.01504 OUSG. The conversion rate of OUSG/MX has increased by 0.03% in the last hour (MX/OUSG decreased by 0.03%). In the last 24 hours, OUSG/MX shrunk by 0.23%, while MX/OUSG grew by the same amount.
The exchange rate of OUSG is decreasing. The current value of 1 OUSG is 66.47 MX. In other words, to buy 5 OUSG, it would cost you 332.37 MX. Inversely, 1 MX would allow you to trade for 0.01504 OUSG while 50 MX would convert to 0.7522 OUSG, not including platform or gas fees.
In the last 7 days, the exchange rate has increased by 1.02%. Meanwhile, in the last 24 hours, the rate has changed by 0.22%, which means that the highest exchange rate of 1 OUSG to MX was 66.68 MX and the lowest 24 hour value was 1 OUSG for 65.97 MX. Last month, 1 OUSG was worth 71.41 MX. Today, it's down 7.42%. Looking back a year, OUSG has changed by 41.04 MX. That means that in a single year, the value of OUSG has grown by 38.26%.
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.
MX Token Market Stats
MX is the proof of rights and interests of MXC trading platform itself. Its total circulation is 3 billion constantly and never be added. MX holders can enjoy a series of rights and interests including asset appreciation, rebates on platform revenue, supervision, voting, etc. MX can be obtained in two ways: mining and buying.
Conversion tables
OUSG to MX values from Today at 11:07 am
0.5 OUSG = 33.24 MX |
1 OUSG = 66.47 MX |
5 OUSG = 332.37 MX |
10 OUSG = 664.74 MX |
50 OUSG = 3,323.69 MX |
100 OUSG = 6,647.37 MX |
500 OUSG = 33,236.86 MX |
1,000 OUSG = 66,473.72 MX |
MX to OUSG values from Today at 11:06 am
0.5 MX = 0.007522 OUSG |
1 MX = 0.01504 OUSG |
5 MX = 0.07522 OUSG |
10 MX = 0.1504 OUSG |
50 MX = 0.7522 OUSG |
100 MX = 1.50 OUSG |
500 MX = 7.52 OUSG |
1,000 MX = 15.04 OUSG |
OUSG to MX over time
OUSG | Today | 24H -0.22% | 1M -7.42% | 1Y 38.26% |
|---|---|---|---|---|
0.5 OUSG | 33.24 MX | 33.31 MX | 35.70 MX | 20.52 MX |
1 OUSG | 66.47 MX | 66.62 MX | 71.41 MX | 41.04 MX |
5 OUSG | 332.37 MX | 333.08 MX | 357.04 MX | 205.19 MX |
10 OUSG | 664.74 MX | 666.17 MX | 714.08 MX | 410.39 MX |
50 OUSG | 3,323.69 MX | 3,330.85 MX | 3,570.42 MX | 2,051.94 MX |
100 OUSG | 6,647.37 MX | 6,661.70 MX | 7,140.84 MX | 4,103.89 MX |
500 OUSG | 33,236.86 MX | 33,308.48 MX | 35,704.20 MX | 20,519.44 MX |
1,000 OUSG | 66,473.72 MX | 66,616.97 MX | 71,408.40 MX | 41,038.88 MX |
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