BP→
OUSGIf had 's mcap →
#151 · BP
#148 · OUSG
All-in-one crypto wallet and exchange.
OUSG is a tokenized short-term US Treasury bills ETF, overseen and managed by Ondo Capital Management, a subsidiary of Ondo Finance.
BP→
OUSGMULTIPLIER▲ 1.03xGAP$8.23M
FOR CONTEXT
$321.23M compared to the world
About this comparison
This page compares the market capitalizations of Backpack (BP) and Ondo Short-Term U.S. Government Bond Fund (OUSG). With Backpack currently at $1.25 per coin and a market cap of $313.00M, and Ondo Short-Term U.S. Government Bond Fund at $116.77 with a market cap of $321.23M, applying Ondo Short-Term U.S. Government Bond Fund's market cap to Backpack's circulating supply produces a hypothetical BP price of $1.28 — a 1.03x move from current.
Backpack: All-in-one crypto wallet and exchange.
Ondo Short-Term U.S. Government Bond Fund: OUSG is a tokenized short-term US Treasury bills ETF, overseen and managed by Ondo Capital Management, a subsidiary of Ondo Finance.
All figures are live from the underlying market data feed. Past performance and hypothetical valuations are not indicative of future results.
Frequently asked
If Backpack had Ondo Short-Term U.S. Government Bond Fund's market cap, what would the price be?
If Backpack (BP) had Ondo Short-Term U.S. Government Bond Fund's (OUSG) current market cap of $321.23M, each BP would be worth approximately $1.28 based on the circulating supply of 250,000,000 BP. That is 1.03x the current BP price of $1.25.
What is the current market cap of Backpack?
Backpack (BP) currently has a market cap of $313.00M, ranking #151 by market capitalization. Each BP trades at $1.25.
What is the current market cap of Ondo Short-Term U.S. Government Bond Fund?
Ondo Short-Term U.S. Government Bond Fund (OUSG) currently has a market cap of $321.23M, ranking #148 by market capitalization. Each OUSG trades at $116.77.
How does BP compare to OUSG?
Backpack's market cap of $313.00M sits slightly above Ondo Short-Term U.S. Government Bond Fund's $321.23M. For BP to reach OUSG's current valuation, the price would need to move 1.03x from its current level.
Is this comparison financial advice?
No. G.MARKETS is an informational tool. The hypothetical price shown is a mathematical calculation assuming Backpack's circulating supply stays constant — it is not a prediction, recommendation, or any form of financial, investment, legal, or tax advice. Always do your own research before making any decision related to crypto assets.