G.MARKETS
BTC$64,214.00+0.56%
LIVE
BTC$64,214.00▲ 0.56%ETH$1,806.23▲ 0.49%USDT$0.9994▲ 0.03%BNB$588.07▼ 0.64%USDC$0.9999▲ 0.02%XRP$1.15▼ 0.97%SOL$82.25▲ 0.64%TRX$0.3292▲ 0.14%FIGR_HELOC$1.04▼ 0.52%HYPE$70.94▼ 0.50%DOGE$0.0770▼ 1.74%USDS$0.9998▲ 0.00%RAIN$0.0151▼ 0.24%LEO$9.39▲ 1.40%ZEC$455.03▼ 2.30%ADA$0.1846▼ 3.08%XLM$0.2008▼ 1.56%WBT$57.70▲ 0.36%XMR$323.60▼ 1.46%LINK$8.06▼ 0.49%CC$0.1384▼ 2.01%BCH$245.52▲ 0.87%GRAM$1.79▲ 0.27%LAB$15.49▼ 6.99%DAI$0.9997▲ 0.01%USD1$0.9988▲ 0.02%USDE$0.9988▲ 0.02%LTC$45.16▼ 1.87%HBAR$0.0731▼ 4.60%USDG$0.9999▼ 0.01%BTC$64,214.00▲ 0.56%ETH$1,806.23▲ 0.49%USDT$0.9994▲ 0.03%BNB$588.07▼ 0.64%USDC$0.9999▲ 0.02%XRP$1.15▼ 0.97%SOL$82.25▲ 0.64%TRX$0.3292▲ 0.14%FIGR_HELOC$1.04▼ 0.52%HYPE$70.94▼ 0.50%DOGE$0.0770▼ 1.74%USDS$0.9998▲ 0.00%RAIN$0.0151▼ 0.24%LEO$9.39▲ 1.40%ZEC$455.03▼ 2.30%ADA$0.1846▼ 3.08%XLM$0.2008▼ 1.56%WBT$57.70▲ 0.36%XMR$323.60▼ 1.46%LINK$8.06▼ 0.49%CC$0.1384▼ 2.01%BCH$245.52▲ 0.87%GRAM$1.79▲ 0.27%LAB$15.49▼ 6.99%DAI$0.9997▲ 0.01%USD1$0.9988▲ 0.02%USDE$0.9988▲ 0.02%LTC$45.16▼ 1.87%HBAR$0.0731▼ 4.60%USDG$0.9999▼ 0.01%
ACTIVEOndo Short-Term U.S. Government Bond FundOUSG→EthereumETH
OUSG WOULD BE$61,503.98
MULTIPLIER▲ 531x
TARGET MCAP$217.97B
G.MARKETS/PAIR ANALYSIS·Ondo Short-Term U.S. Government Bond Fund logoOUSG→Ethereum logoETH· LIVE· as of 23:10 UTC
THE ORIGINAL G.MARKETS CALCULATION

If had 's mcap →

OUSG WOULD BE
$0.00000000
currently $115.81 · target mcap $217.97B
MULTIPLIER
▲0.00x

OUSG needs a 531x move to match ETH's valuation

REALITY CHECKAt OUSG's current 24h rate of +0.04%, compounding daily would take ~47 years to reach ETH's market cap.
COIN PROFILES·OUSG vs ETH
Ondo Short-Term U.S. Government Bond Fund logo
OUSGUnverified
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$115.81
24H CHANGE▲ 0.04%
MARKET CAP$410.43MFDV $410.43M · Fully circulating
RANK#115
SUPPLY3.5M OUSG
DOMINANCE0.01%
7d▲ 0.12%
VS
Ethereum logo
ETHVerified by G.MARKETS
Ethereum
TARGET

Ethereum is a global, open-source platform for decentralized applications.

PRICE$1,806.23
24H CHANGE▲ 0.49%
MARKET CAP$217.97BFDV $217.97B · Fully circulating
RANK#2
SUPPLY120.7M ETH
DOMINANCE7.27%
7d▲ 1.58%
PERFORMANCE·NORMALIZED % CHANGE·7D / 30D / 90D / 1Y
SCALE·AREA = MARKET CAP
MARKET CAParea = proportional cap
531x bigger
OUSG$410.43M
ETH$217.97B
THE CLIMBOndo Short-Term U.S. Government Bond Fund logoOUSG→Ethereum logoETHMULTIPLIER▲ 531xGAP$217.56B
$1.00B$10.00B$100.00B
Ondo Short-Term U.S. Government Bond Fund logo
SOURCEOUSG$410.43M
Ethereum logo
TARGETETH$217.97B
VeChain logo
VET$428.40M
Arbitrum logo
ARB$512.25M
GHO logo
GHO$598.10M
USDtb logo
USDTB$726.91M
​​Stable logo
STABLE$828.44M
Spiko EU T-Bills Money Market Fund logo
EUTBL$1.01B
BFUSD logo
BFUSD$1.32B
Ripple USD logo
RLUSD$1.60B
BlackRock USD Institutional Digital Liquidity Fund logo
BUIDL$2.25B
Global Dollar logo
USDG$3.16B
Canton logo
CC$5.40B
Dogecoin logo
DOGE$11.93B
log scale · mcap in USDJul 6, 2026
Ondo Short-Term U.S. Government Bond Fund logo
OUSGOndo Short-Term U.S. Government Bond Fund
$410.43MSOURCE
VeChain logo
VET
$428.40M
Arbitrum logo
ARB
$512.25M
GHO logo
GHO
$598.10M
USDtb logo
USDTB
$726.91M
​​Stable logo
STABLE
$828.44M
Spiko EU T-Bills Money Market Fund logo
EUTBL
$1.01B
BFUSD logo
BFUSD
$1.32B
Ripple USD logo
RLUSD
$1.60B
BlackRock USD Institutional Digital Liquidity Fund logo
BUIDL
$2.25B
Global Dollar logo
USDG
$3.16B
Canton logo
CC
$5.40B
Dogecoin logo
DOGE
$11.93B
Ethereum logo
ETHEthereum
$217.97BTARGET
mcap in USDJul 6, 2026
BAG SCENARIOS·IF OUSG HIT ETH MCAP·TARGET $61,502.58
SCENARIOBAG SIZECOST TODAYVALUE AT TARGETGAIN
$10 starter100 OUSG$11,581.00$6,150,258.48+$6,138,677.48
Coffee money1K OUSG$115,810.00$61,502,584.76+$61,386,774.76
Small bag10K OUSG$1,158,100.00$615,025,847.62+$613,867,747.62
Real bag100K OUSG$11,581,000.00$6,150,258,476.22+$6,138,677,476.22
Whale bag1M OUSG$115,810,000.00$61,502,584,762.15+$61,386,774,762.15
Generational10M OUSG$1,158,100,000.00$615,025,847,621.52+$613,867,747,621.52

FOR CONTEXT

$217.97B compared to the world
UnitedHealthUNH
$450.00B
ETH mcap is 48.4% of UnitedHealth
NetflixNFLX
$380.00B
ETH mcap is 57.4% of Netflix
UberUBER
$160.00B
ETH mcap is 1.36× Uber
NikeNKE
$130.00B
ETH mcap is 1.68× Nike
StarbucksSBUX
$100.00B
ETH mcap is 2.18× Starbucks
SpotifySPOT
$90.00B
ETH mcap is 2.42× Spotify
RELATED COMPARISONS·OTHER WAYS TO ASK
Ondo Short-Term U.S. Government Bond Fund logoOUSG→Bitcoin logoBTCVerified by G.MARKETS
$363,338.00▲ 3.1Kx
Ondo Short-Term U.S. Government Bond Fund logoOUSG→Tether logoUSDTVerified by G.MARKETS
$51,978.91▲ 449x
Ondo Short-Term U.S. Government Bond Fund logoOUSG→BNB logoBNBVerified by G.MARKETS
$22,364.88▲ 193x
Ondo Short-Term U.S. Government Bond Fund logoOUSG→USDC logoUSDCVerified by G.MARKETS
$20,645.17▲ 178x
Ondo Short-Term U.S. Government Bond Fund logoOUSG→XRP logoXRPVerified by G.MARKETS
$20,157.96▲ 174x
Ondo Short-Term U.S. Government Bond Fund logoOUSG→Solana logoSOLVerified by G.MARKETS
$13,489.52▲ 116x

About this comparison

This page compares the market capitalizations of Ondo Short-Term U.S. Government Bond Fund (OUSG) and Ethereum (ETH). With Ondo Short-Term U.S. Government Bond Fund currently at $115.81 per coin and a market cap of $410.43M, and Ethereum at $1,806.23 with a market cap of $217.97B, applying Ethereum's market cap to Ondo Short-Term U.S. Government Bond Fund's circulating supply produces a hypothetical OUSG price of $61,502.58 — a 531x 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.

Ethereum: Ethereum is a global, open-source platform for decentralized applications.

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

If Ondo Short-Term U.S. Government Bond Fund (OUSG) had Ethereum's (ETH) current market cap of $217.97B, each OUSG would be worth approximately $61,502.58 based on the circulating supply of 3,544,044 OUSG. That is 531x the current OUSG price of $115.81.

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 $410.43M, ranking #115 by market capitalization. Each OUSG trades at $115.81.

What is the current market cap of Ethereum?

Ethereum (ETH) currently has a market cap of $217.97B, ranking #2 by market capitalization. Each ETH trades at $1,806.23.

How does OUSG compare to ETH?

Ondo Short-Term U.S. Government Bond Fund's market cap of $410.43M sits far above Ethereum's $217.97B. For OUSG to reach ETH's current valuation, the price would need to move 531x 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.