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OUSG is a tokenized short-term US Treasury bills ETF, overseen and managed by Ondo Capital Management, a subsidiary of Ondo Finance.
All-in-one crypto wallet and exchange.
FOR CONTEXT
$320.18M compared to the worldAbout this comparison
This page compares the market capitalizations of Ondo Short-Term U.S. Government Bond Fund (OUSG) and Backpack (BP). With Ondo Short-Term U.S. Government Bond Fund currently at $116.77 per coin and a market cap of $321.23M, and Backpack at $1.28 with a market cap of $320.18M, applying Backpack's market cap to Ondo Short-Term U.S. Government Bond Fund's circulating supply produces a hypothetical OUSG price of $116.39 — a 1.00x move from current.
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.
Backpack: All-in-one crypto wallet and exchange.
All figures are live from the underlying market data feed. Past performance and hypothetical valuations are not indicative of future results.
Frequently asked
If Ondo Short-Term U.S. Government Bond Fund had Backpack's market cap, what would the price be?
If Ondo Short-Term U.S. Government Bond Fund (OUSG) had Backpack's (BP) current market cap of $320.18M, each OUSG would be worth approximately $116.39 based on the circulating supply of 2,750,991 OUSG. That is 1.00x the current OUSG price of $116.77.
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.
What is the current market cap of Backpack?
Backpack (BP) currently has a market cap of $320.18M, ranking #149 by market capitalization. Each BP trades at $1.28.
How does OUSG compare to BP?
Ondo Short-Term U.S. Government Bond Fund's market cap of $321.23M sits below Backpack's $320.18M. For OUSG to reach BP's current valuation, the price would need to move 1.00x 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 Ondo Short-Term U.S. Government Bond Fund'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.