LIVE
BTC$71,912.00▼ 2.09%ETH$1,997.07▼ 2.46%USDT$0.9991▼ 0.01%BNB$652.88▼ 3.99%USDC$0.9996▼ 0.00%XRP$1.03▼ 2.73%SOL$81.04▼ 3.51%TRX$0.3155▼ 0.37%FIGR_HELOC$1.06▲ 2.56%HYPE$70.38▼ 3.30%ZEC$976.08▼ 0.56%XMR$542.39▼ 7.03%DOGE$0.0651▼ 4.33%USDS$0.9998▼ 0.01%LEO$9.22▼ 0.56%WBT$69.29▼ 2.10%LINK$9.86▼ 4.32%ADA$0.1688▼ 4.45%XLM$0.1432▼ 3.56%USDE$0.9991▼ 0.02%BCH$225.31▼ 2.17%DAI$1.00▼ 0.00%NEAR$3.38▼ 9.78%LTC$48.78▼ 4.26%AVAX$8.33▼ 2.01%UNI$6.04▼ 6.36%CC$0.0885▼ 3.77%GRAM$1.23▲ 1.20%SUI$0.7885▼ 5.13%USD1$0.9984▲ 0.04%BTC$71,912.00▼ 2.09%ETH$1,997.07▼ 2.46%USDT$0.9991▼ 0.01%BNB$652.88▼ 3.99%USDC$0.9996▼ 0.00%XRP$1.03▼ 2.73%SOL$81.04▼ 3.51%TRX$0.3155▼ 0.37%FIGR_HELOC$1.06▲ 2.56%HYPE$70.38▼ 3.30%ZEC$976.08▼ 0.56%XMR$542.39▼ 7.03%DOGE$0.0651▼ 4.33%USDS$0.9998▼ 0.01%LEO$9.22▼ 0.56%WBT$69.29▼ 2.10%LINK$9.86▼ 4.32%ADA$0.1688▼ 4.45%XLM$0.1432▼ 3.56%USDE$0.9991▼ 0.02%BCH$225.31▼ 2.17%DAI$1.00▼ 0.00%NEAR$3.38▼ 9.78%LTC$48.78▼ 4.26%AVAX$8.33▼ 2.01%UNI$6.04▼ 6.36%CC$0.0885▼ 3.77%GRAM$1.23▲ 1.20%SUI$0.7885▼ 5.13%USD1$0.9984▲ 0.04%
G.MARKETS/PAIR ANALYSIS·Ondo Short-Term U.S. Government Bond Fund logoOUSG→Derive logoDRV· LIVE· as of 14:35 UTC
THE ORIGINAL G.MARKETS CALCULATION · LIVE

If had 's mcap →

OUSG WOULD BE
$0.00000000
currently $117.23 · target mcap $320.14M
▲ 0.00x TO MATCHOUSG NEEDS A 1.01x MOVE TO MATCH DRV
REALITY CHECKAt OUSG's current 24h rate of +0.01%, compounding daily would take ~139 days to reach DRV's market cap.
COIN PROFILES·OUSG vs DRV
Ondo Short-Term U.S. Government Bond Fund logo
Ondo Short-Term U.S. Government Bond Fund
SOURCE

OUSG is a tokenized short-term US Treasury bills ETF, overseen and managed by Ondo Capital Management, a subsidiary of Ondo Finance.

PRICE$117.23
24H CHANGE▲ 0.01%
MARKET CAP$315.92MFDV $315.92M · Fully circulating
RANK#129
SUPPLY2.7M OUSG
DOMINANCE0.01%
7d▲ 0.07%
VS
Derive logo
Derive
TARGET

Derive is a decentralized protocol that creates programmable onchain options, perpetuals, and structured products.

PRICE$0.3014
24H CHANGE▼ 2.71%
MARKET CAP$320.14MFDV $452.07M · 29% supply locked
RANK#126
SUPPLY1.1B DRV
DOMINANCE0.01%
7d▼ 16.49%
PERFORMANCE·NORMALIZED % CHANGE·7D / 30D / 90D / 1Y
SCALE·AREA = MARKET CAP
MARKET CAParea = proportional cap
1.01x bigger
OUSG$315.92M
DRV$320.14M
THE CLIMBOndo Short-Term U.S. Government Bond Fund logoOUSG→Derive logoDRVMULTIPLIER▲ 1.01xGAP$4.22M
Ondo Short-Term U.S. Government Bond Fund logo
SOURCEOUSG$315.92M
Derive logo
TARGETDRV$320.14M
Bitcoin SV logo
BSV$316.87M
Grass logo
GRASS$316.97M
log scale · mcap in USDNov 12, 2026
Ondo Short-Term U.S. Government Bond Fund logo
OUSGOndo Short-Term U.S. Government Bond Fund
$315.92MSOURCE
Bitcoin SV logo
BSV
$316.87M
Grass logo
GRASS
$316.97M
Derive logo
DRVDerive
$320.14MTARGET
mcap in USDNov 12, 2026
BAG SCENARIOS·IF OUSG HIT DRV MCAP·TARGET $118.80
SCENARIOBAG SIZECOST TODAYVALUE AT TARGETGAIN
$10 starter100 OUSG$11,723.00$11,879.94+$156.94
Coffee money1K OUSG$117,230.00$118,799.41+$1,569.41
Small bag10K OUSG$1,172,300.00$1,187,994.11+$15,694.11
Real bag100K OUSG$11,723,000.00$11,879,941.08+$156,941.08
Whale bag1M OUSG$117,230,000.00$118,799,410.75+$1,569,410.75
Generational10M OUSG$1,172,300,000.00$1,187,994,107.52+$15,694,107.52
$320.14M compared to the world
NikeNKE
$130.00B
DRV mcap is 0.2% of Nike
StarbucksSBUX
$100.00B
DRV mcap is 0.3% of Starbucks
SpotifySPOT
$90.00B
DRV mcap is 0.4% of Spotify
RobloxRBLX
$30.00B
DRV mcap is 1.1% of Roblox
RedditRDDT
$25.00B
DRV mcap is 1.3% of Reddit
SnapchatSNAP
$20.00B
DRV mcap is 1.6% of Snapchat

About this comparison

This page compares the market capitalizations of Ondo Short-Term U.S. Government Bond Fund (OUSG) and Derive (DRV). With Ondo Short-Term U.S. Government Bond Fund currently at $117.23 per coin and a market cap of $315.92M, and Derive at $0.3014 with a market cap of $320.14M, applying Derive's market cap to Ondo Short-Term U.S. Government Bond Fund's circulating supply produces a hypothetical OUSG price of $118.80 — a 1.01x 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.

Derive: Derive is a decentralized protocol that creates programmable onchain options, perpetuals, and structured products.

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 Derive's market cap, what would the price be?

If Ondo Short-Term U.S. Government Bond Fund (OUSG) had Derive's (DRV) current market cap of $320.14M, each OUSG would be worth approximately $118.80 based on the circulating supply of 2,694,790 OUSG. That is 1.01x the current OUSG price of $117.23.

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 $315.92M, ranking #129 by market capitalization. Each OUSG trades at $117.23.

What is the current market cap of Derive?

Derive (DRV) currently has a market cap of $320.14M, ranking #126 by market capitalization. Each DRV trades at $0.3014.

How does OUSG compare to DRV?

Ondo Short-Term U.S. Government Bond Fund's market cap of $315.92M sits slightly above Derive's $320.14M. For OUSG to reach DRV's current valuation, the price would need to move 1.01x 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.