About FX and OUSG
Function X is falling, while OUSG is climbing this week. The current FX to OUSG conversion rate is 0.0006125. Inversely, this means that if you convert 1 OUSG you will get 1,632.58 FX. The conversion rate of FX/OUSG has decreased by 0% in the last hour (OUSG/FX increased by 0%). In the last 24 hours, FX/OUSG shrunk by 0.01%, while OUSG/FX grew by 0.01%.
The exchange rate of Function X is decreasing. The current value of 1 FX is 0.0006125 OUSG. In other words, to buy 5 Function X, it would cost you 0.0030626 OUSG. Inversely, 1 OUSG would allow you to trade for 1,632.58 FX while 50 OUSG would convert to 81,629.10 FX, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 0.07%. Meanwhile, in the last 24 hours, the rate has changed by 0.01%, and that the highest exchange rate of 1 FX to OUSG was 0.0006126 OUSG and the lowest 24 hour value was 1 FX for 0.0006125 OUSG. Last month, 1 FX was worth 0.0006145 OUSG. Today, it's down 0.32%. Looking back a year, Function X has changed by 0.000634 OUSG. That means that in a single year, the value of Function X has shrank by 3.39%.
Function X Market Stats
FX is an Ethereum token that powers Function X, which comprises a core blockchain, cross-chain protocol, and platform for decentralized applications. FX can be used to pay for services such as smart contract creation and data storage, to vote for network upgrades, and for staking on the 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
FX to OUSG values from Today at 1:32 am
0.5 FX = 0.0003063 OUSG |
1 FX = 0.0006125 OUSG |
5 FX = 0.003063 OUSG |
10 FX = 0.006125 OUSG |
50 FX = 0.03063 OUSG |
100 FX = 0.06125 OUSG |
500 FX = 0.3063 OUSG |
1,000 FX = 0.6125 OUSG |
OUSG to FX values from Today at 1:32 am
0.5 OUSG = 816.29 FX |
1 OUSG = 1,632.58 FX |
5 OUSG = 8,162.91 FX |
10 OUSG = 16,325.82 FX |
50 OUSG = 81,629.10 FX |
100 OUSG = 163,258.20 FX |
500 OUSG = 816,291.02 FX |
1,000 OUSG = 1,632,582.04 FX |
FX to OUSG over time
FX | Today | 24H -0.01% | 1M -0.32% | 1Y -3.51% |
|---|---|---|---|---|
0.5 FX | 0.0003063 OUSG | 0.0003063 OUSG | 0.0003072 OUSG | 0.000317 OUSG |
1 FX | 0.0006125 OUSG | 0.0006126 OUSG | 0.0006145 OUSG | 0.000634 OUSG |
5 FX | 0.003063 OUSG | 0.003063 OUSG | 0.003072 OUSG | 0.00317 OUSG |
10 FX | 0.006125 OUSG | 0.006126 OUSG | 0.006145 OUSG | 0.00634 OUSG |
50 FX | 0.03063 OUSG | 0.03063 OUSG | 0.03072 OUSG | 0.0317 OUSG |
100 FX | 0.06125 OUSG | 0.06126 OUSG | 0.06145 OUSG | 0.0634 OUSG |
500 FX | 0.3063 OUSG | 0.3063 OUSG | 0.3072 OUSG | 0.317 OUSG |
1,000 FX | 0.6125 OUSG | 0.6126 OUSG | 0.6145 OUSG | 0.634 OUSG |
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