About MX and OUSG
MX Token is falling, while OUSG is climbing this week. The current MX to OUSG conversion rate is 0.01501. Inversely, this means that if you convert 1 OUSG you will get 66.61 MX. The conversion rate of MX/OUSG has increased by 0.05% in the last hour (OUSG/MX decreased by 0.05%). In the last 24 hours, MX/OUSG shrunk by 0.77%, while OUSG/MX grew by the same amount.
The exchange rate of MX Token is decreasing. The current value of 1 MX is 0.01501 OUSG. In other words, to buy 5 MX Token, it would cost you 0.07507 OUSG. Inversely, 1 OUSG would allow you to trade for 66.61 MX while 50 OUSG would convert to 3,330.33 MX, not including platform or gas fees.
In the last 7 days, the exchange rate has increased by 5.35%. Meanwhile, in the last 24 hours, the rate has changed by 0.92%, which means that the highest exchange rate of 1 MX to OUSG was 0.01515 OUSG and the lowest 24 hour value was 1 MX for 0.01493 OUSG. Last month, 1 MX was worth 0.01402 OUSG. Today, it's up 6.59%. Looking back a year, MX Token has changed by 0.0235 OUSG. That means that in a single year, the value of MX Token has shrank by 56.51%.
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.
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
MX to OUSG values from Today at 5:59 pm
0.5 MX = 0.007507 OUSG |
1 MX = 0.01501 OUSG |
5 MX = 0.07507 OUSG |
10 MX = 0.1501 OUSG |
50 MX = 0.7507 OUSG |
100 MX = 1.50 OUSG |
500 MX = 7.51 OUSG |
1,000 MX = 15.01 OUSG |
OUSG to MX values from Today at 6:00 pm
0.5 OUSG = 33.30 MX |
1 OUSG = 66.61 MX |
5 OUSG = 333.03 MX |
10 OUSG = 666.07 MX |
50 OUSG = 3,330.33 MX |
100 OUSG = 6,660.66 MX |
500 OUSG = 33,303.31 MX |
1,000 OUSG = 66,606.62 MX |
MX to OUSG over time
MX | Today | 24H -0.92% | 1M 6.59% | 1Y -56.51% |
|---|---|---|---|---|
0.5 MX | 0.007507 OUSG | 0.007576 OUSG | 0.007012 OUSG | 0.01175 OUSG |
1 MX | 0.01501 OUSG | 0.01515 OUSG | 0.01402 OUSG | 0.0235 OUSG |
5 MX | 0.07507 OUSG | 0.07576 OUSG | 0.07012 OUSG | 0.1175 OUSG |
10 MX | 0.1501 OUSG | 0.1515 OUSG | 0.1402 OUSG | 0.235 OUSG |
50 MX | 0.7507 OUSG | 0.7576 OUSG | 0.7012 OUSG | 1.17 OUSG |
100 MX | 1.50 OUSG | 1.52 OUSG | 1.40 OUSG | 2.35 OUSG |
500 MX | 7.51 OUSG | 7.58 OUSG | 7.01 OUSG | 11.75 OUSG |
1,000 MX | 15.01 OUSG | 15.15 OUSG | 14.02 OUSG | 23.50 OUSG |
Frequently asked questions
Right now, 1 MX Token is worth about S$2.23.
Based on the current rate, you could get 0.449 MX for 1 SGD.
MX Token price has been declining. Since yesterday, the exchange rate of MX Token has decreased. Since last month, the exchange rate of MX Token has increased. Since this time last year, the price of MX Token has decreased.
You can use our MX to SGD calculator at the top of this page to convert any amount of MX to SGD. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 SGD is equivalent to 2.25 MX. Inversely, 5 MX will cost about S$11.14
MX Token can be custodied on Coinbase Wallet. Check out our guide to get more detailed instructions on how to buy MX Token.
There are a number of crypto assets that have the a similar or comparable market cap to MX Token, including Telcoin, Axie Infinity, and EigenCloud. For a more robust list of assets to explore, jump to the asset page dedicated to MX Token.
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