Ondo Short-Term U.S. Government Bond Fund OUSG
Rank #146$116.77▲ +0.00%(24h)▲ +0.07%(7d)
24h Low $116.7724h High $116.77
Market Cap
$321.23M
24h Volume
$0
Circulating
2.75M OUSG
All-Time High
$116.77
Ondo Short-Term U.S. Government Bond Fund Price Chart
Range: $115.92 — $116.81
July 19, 2026October 7, 2026
Key Metrics
Market Cap
$321.23M
Volume (24h)
$0
Circulating Supply
2.75M OUSG
Max Supply
N/A
Ondo Short-Term U.S. Government Bond Fund Converter
Ondo Short-Term U.S. Government Bond Fund Converter
OUSG
$USD
1 OUSG = $116.77
Ondo Short-Term U.S. Government Bond Fund Historical Data
| All-Time High | $116.77 (October 3, 2026) |
| All-Time Low | $95.09 (March 22, 2023) |
Where to Buy Ondo Short-Term U.S. Government Bond Fund
Live trading pairs are temporarily unavailable. Browse our top-rated exchanges to find where to trade Ondo Short-Term U.S. Government Bond Fund.
About Ondo Short-Term U.S. Government Bond Fund (OUSG)
What is Ondo's OUSG?
OUSG is a tokenized fund managed by Ondo Capital Management, a subsidiary of Ondo Finance, giving on-chain holders exposure to short-term US Treasury bills. The bulk of the portfolio sits in the iShares Short Treasury Bond ETF (NASDAQ: SHV), with a small USDC and cash buffer held for redemption liquidity. Access is limited to investors who pass KYC and AML screening and sign subscription documents, and the tokens carry built-in transfer restrictions that block movement to unqualified wallets.
OUSG price today: $116.56, at its all-time high
OUSG trades at $116.56, ranked 127 by market capitalization at roughly $331.1 million, against a circulating and total supply of about 2.84 million tokens with no fixed maximum. Its all-time high of $116.56 was set on September 14, 2026, meaning the token is effectively trading at its record. Unlike most crypto assets, that price is driven almost entirely by accrued Treasury bill yield compounding into net asset value rather than by open-market speculation, and reported secondary trading volume is negligible.
How OUSG's Treasury-backed NAV mechanism works, and how it stacks up across chains and competitors
Each OUSG token represents a claim on the fund's NAV, which rises as the underlying SHV holdings collect short-term Treasury interest; qualified investors subscribe and redeem directly with Ondo at NAV using USDC or fiat, rather than trading on an open order book. Ondo distributes OUSG across Ethereum, Solana and Polygon, letting holders choose a settlement environment and plug the token into DeFi protocols as collateral on multiple chains at once. That multi-chain reach is Ondo's main differentiator against other tokenized Treasury products, including offerings from traditional asset managers now entering the same category, since all of them track a similar Treasury rate and compete chiefly on distribution, redemption speed, and chain coverage rather than yield.
Risks and how to buy OUSG
- Interest rate risk: yield and price appreciation compress if the Federal Reserve cuts short-term rates
- Concentration risk: fund performance depends almost entirely on a single underlying vehicle, the SHV ETF
- Access and liquidity risk: KYC gating and transfer restrictions mean exits run through Ondo's redemption process, not open secondary markets
Technical data
- Network
- ethereum
- Website
- ondo.finance
- Whitepaper
- PDF ↗
- Contract
- 0x1b19c19393e2d034d8ff31ff34c81252fcbbee92
FAQ
What is Ondo Short-Term U.S. Government Bond Fund (OUSG)?
Ondo Short-Term U.S. Government Bond Fund is a cryptocurrency traded under the ticker OUSG. It currently ranks #146 by market capitalization, with a total market value of approximately $321.23M. On this page you can view its live price, charts, 24-hour performance, and key supply metrics.
How is the Ondo Short-Term U.S. Government Bond Fund price determined?
Ondo Short-Term U.S. Government Bond Fund's price is set by supply and demand across global cryptocurrency exchanges. Live quotes are aggregated from hundreds of trading pairs and reflect market sentiment, trading volume, on-chain activity, liquidity, and macroeconomic conditions. The current price is $116.77.
How has Ondo Short-Term U.S. Government Bond Fund performed recently?
Over the past 24 hours, Ondo Short-Term U.S. Government Bond Fund is up +0.00%. Over the past 7 days it has gained +0.07%. You can review the full price history and select different time ranges using the chart above.
What is Ondo Short-Term U.S. Government Bond Fund's maximum supply?
Ondo Short-Term U.S. Government Bond Fund does not have a fixed maximum supply. Approximately 2.75M OUSG are currently in circulation, and new coins may continue to be issued depending on the protocol's emission schedule.
What is Ondo Short-Term U.S. Government Bond Fund's all-time high price?
Ondo Short-Term U.S. Government Bond Fund reached its all-time high of $116.77. The all-time high represents the peak market price the asset has ever traded at across major exchanges. Historical peaks are useful reference points when evaluating long-term price action and drawdowns.
Where can I buy Ondo Short-Term U.S. Government Bond Fund?
Ondo Short-Term U.S. Government Bond Fund is available on most major cryptocurrency exchanges. Look for the OUSG/USD or OUSG/USDT pair. See the "Where to Buy" table above for live trading venues, or browse our curated list of top-rated exchanges for the safest and most liquid options.
Is Ondo Short-Term U.S. Government Bond Fund a good investment?
No cryptocurrency can be guaranteed to rise in value. Ondo Short-Term U.S. Government Bond Fund has advantages such as a transparent supply schedule and public market data, but it also carries high volatility, regulatory risk, and liquidity risk. Always do your own research, consider your risk tolerance, and never invest more than you can afford to lose.
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