Ondo Short-Term U.S. Government Bond Fund
OUSGPrice chart
Peg / reference tracking
- Current price
- $117.11
- Reference
- —30-day median
- Deviation now
- —
- Max deviation, 30d
- —
Ondo Short-Term U.S. Government Bond Fund is designed to track a reference value — a fiat currency, a commodity or a fund's net asset value. Directional signals (buy/sell ratings, composite scores, trend verdicts) are not meaningful for such an asset, so they are not shown. What matters is how closely the price holds its reference and how reliable the issuer's redemption is. The chart and raw indicators remain available.
Overview
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About Ondo Short-Term U.S. Government Bond Fund
Ondo Short-Term U.S. Government Bond Fund (OUSG) is ranked #131 by market capitalisation, at $315.1M. Circulating supply: 2.73M OUSG. The price is at or near its all-time high of $117.11. Categories: Tokenized Assets, Solana Ecosystem, Polygon Ecosystem, Ethereum Ecosystem.
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.
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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.
Project description: CoinGecko (in English).