Earn up to $2,000 when you buy $50 in crypto
Earn free crypto after making your first purchase. Terms apply.
Sum of median estimated savings and rewards earned, per user in 2021 across multiple Coinbase programs (excluding sweepstakes). This amount includes fee waivers from Coinbase One (excluding the subscription cost), rewards from Coinbase Card, and staking rewards.
About OUSG and ALT
OUSG is falling, while Altlayer is climbing this week. The current OUSG to ALT conversion rate is 21,990.90. Inversely, this means that if you convert 1 ALT you will get 0.00004547 OUSG. The conversion rate of OUSG/ALT has increased by 0.19% in the last hour (ALT/OUSG decreased by 0.19%). In the last 24 hours, OUSG/ALT shrunk by 3.16%, while ALT/OUSG grew by 3.27%.
The exchange rate of OUSG is decreasing. The current value of 1 OUSG is 21,990.90 ALT. In other words, to buy 5 OUSG, it would cost you 109,954.50 ALT. Inversely, 1 ALT would allow you to trade for 0.00004547 OUSG while 50 ALT would convert to 0.002274 OUSG, not including platform or gas fees.
In the last 7 days, the exchange rate has increased by 6.26%. Meanwhile, in the last 24 hours, the rate has changed by 3.16%, which means that the highest exchange rate of 1 OUSG to ALT was 23,112.05 ALT and the lowest 24 hour value was 1 OUSG for 21,421.96 ALT. Last month, 1 OUSG was worth 14,716.27 ALT. Today, it's up 49.43%. Looking back a year, OUSG has changed by 6,161.69 ALT. That means that in a single year, the value of OUSG has grown by 256.9%.
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.
Altlayer Market Stats
AltLayer is an open and decentralised protocol for rollups that brings together the novel idea of a Restaked rollup, which takes existing rollups and provides them with enhanced security, decentralization, interoperability and crypto-economic fast finality. ALT is AltLayer’s native utility token and can be used for governance, protocol fee payments, economic bonding, and protocol incentivization.
Conversion tables
OUSG to ALT values from Today at 11:34 pm
0.5 OUSG = 10,995.45 ALT |
1 OUSG = 21,990.90 ALT |
5 OUSG = 109,954.50 ALT |
10 OUSG = 219,908.99 ALT |
50 OUSG = 1,099,544.96 ALT |
100 OUSG = 2,199,089.92 ALT |
500 OUSG = 10,995,449.62 ALT |
1,000 OUSG = 21,990,899.25 ALT |
ALT to OUSG values from Today at 11:34 pm
0.5 ALT = 0.00002274 OUSG |
1 ALT = 0.00004547 OUSG |
5 ALT = 0.0002274 OUSG |
10 ALT = 0.0004547 OUSG |
50 ALT = 0.002274 OUSG |
100 ALT = 0.004547 OUSG |
500 ALT = 0.02274 OUSG |
1,000 ALT = 0.04547 OUSG |
OUSG to ALT over time
OUSG | Today | 24H -3.27% | 1M 33.08% | 1Y 71.98% |
|---|---|---|---|---|
0.5 OUSG | 10,995.45 ALT | 11,354.47 ALT | 7,358.14 ALT | 3,080.85 ALT |
1 OUSG | 21,990.90 ALT | 22,708.94 ALT | 14,716.27 ALT | 6,161.69 ALT |
5 OUSG | 109,954.50 ALT | 113,544.69 ALT | 73,581.36 ALT | 30,808.46 ALT |
10 OUSG | 219,908.99 ALT | 227,089.37 ALT | 147,162.72 ALT | 61,616.92 ALT |
50 OUSG | 1,099,544.96 ALT | 1,135,446.86 ALT | 735,813.62 ALT | 308,084.62 ALT |
100 OUSG | 2,199,089.92 ALT | 2,270,893.72 ALT | 1,471,627.24 ALT | 616,169.24 ALT |
500 OUSG | 10,995,449.62 ALT | 11,354,468.60 ALT | 7,358,136.21 ALT | 3,080,846.20 ALT |
1,000 OUSG | 21,990,899.25 ALT | 22,708,937.21 ALT | 14,716,272.42 ALT | 6,161,692.41 ALT |
Frequently asked questions
Buy OUSG with Coinbase
Create a Coinbase account to buy and sell OUSG on the most secure crypto exchange.
Related conversions
Popular prediction markets
Discover other cryptocurrency conversions
Start your crypto portfolio today
Sign up for a Coinbase account today and see what the world of decentralized finance can do for you.
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.