
Market Cap
$553.22M
24h Volume
$0
Circulating
4.8M OUSG
All-Time High
$115.33
Market Cap
$553.22M
Volume (24h)
$0
Circulating Supply
4.8M OUSG
Max Supply
N/A
1 OUSG = $115.33
| All-Time High | $115.33 (May 22, 2026) |
| All-Time Low | $95.09 (March 22, 2023) |
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.
At the time of writing, OUSG (OUSG) trades at $115.33, with a 24-hour trading volume of $0 and a total market capitalization of $553.22M. The asset is currently ranked #98 among all tracked cryptocurrencies by market cap.
Over the last 24 hours, the OUSG price has rose +0.00%. On the seven-day chart, OUSG has climbed +0.07%, showing mixed signals across the short and medium term. Short-term price swings are often amplified by liquidity conditions, news flow, and derivatives positioning, so traders should confirm signals across multiple indicators before acting.
Buying OUSG (OUSG) is straightforward once you know which exchange to use and which trading pair offers the best liquidity. The steps below describe the typical flow used by most investors today.
You can also use the built-in OUSG converter above to estimate exactly how much OUSG you would receive for a given amount in USD before placing an order.
Whether OUSG is a good investment depends on your goals, time horizon, and tolerance for volatility. Like all cryptocurrencies, OUSG carries significant market risk — prices can rise or fall sharply in a single day, and past performance is not a reliable indicator of future returns.
This page provides data and analysis for educational purposes only. It is not financial advice. Always do your own research, diversify, and never invest more than you can afford to lose.