Ondo Short-Term U.S. Government Bond Fund

OUSG Price

What is OUSG about?

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.

What makes OUSG unique?

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.

What's the history of OUSG?

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.

Where can you buy Ondo Short-Term U.S. Government Bond Fund?

OUSG tokens have stopped trading - ago on all exchanges listed on CoinGecko. Information will be updated if market activity resumes.

What is the daily trading volume of Ondo Short-Term U.S. Government Bond Fund (OUSG)?

The 24 hour trading volume of Ondo Short-Term U.S. Government Bond Fund (OUSG) is $0 which signals a drop in market activity. If you own OUSG tokens, liquidity of the token is likely to be low. Proceed with caution. You may explore CoinGecko’s list of most traded cryptos for coins with higher liquidity.

What is the highest and lowest price for Ondo Short-Term U.S. Government Bond Fund (OUSG)?

Ondo Short-Term U.S. Government Bond Fund (OUSG) reached an all-time high of $116.68 and an all-time low of $95.09. It’s now trading 0.00% below that peak and 22.70% above its lowest price.

What is the market cap of Ondo Short-Term U.S. Government Bond Fund (OUSG)?

Market capitalization of Ondo Short-Term U.S. Government Bond Fund (OUSG) is $319,820,508 and is ranked #143 on CoinGecko today. Market cap is measured by multiplying token price with the circulating supply of OUSG tokens (2.7 Million tokens are tradable on the market today).

What is the fully diluted valuation of Ondo Short-Term U.S. Government Bond Fund (OUSG)?

The fully diluted valuation (FDV) of Ondo Short-Term U.S. Government Bond Fund (OUSG) is $319,820,508. This is a statistical representation of the maximum market cap, assuming total number of 2.7 Million ETH tokens are in circulation today.

How does the price performance of Ondo Short-Term U.S. Government Bond Fund compare against its peers?

With a price increase of 0.10% in the last 7 days, Ondo Short-Term U.S. Government Bond Fund (OUSG) is underperforming the global cryptocurrency market which is up 4.10%, while underperforming when compared to similar Real World Assets (RWA) cryptocurrencies which are up 5.10%.

How to add Ondo Short-Term U.S. Government Bond Fund (OUSG) to MetaMask?

Adding Ondo Short-Term U.S. Government Bond Fund (OUSG) to MetaMask allows you to view your token holdings, trade on decentralized exchanges, and more. To add them, you’ll need to import OUSG as a token. You can copy OUSG’s contract address (0x1b19c19393e2d034d8ff31ff34c81252fcbbee92) and import it manually, or if you've installed MetaMask's chrome extension, add OUSG to MetaMask with one click on CoinGecko.

Add OUSG to MetaMask.