- Ondo Short-Term U.S. Government Bond Fund is a tokenised fund. It is smart contract-based, but may not offer all features of vaults. Read more about the differences between vaults and tokenised funds here.
Ondo Short-Term U.S. Government Bond Fund
View on Ondo Update infoShort-term U.S. Treasury and government-agency securities strategy
Share token price
3M return (ann)
▲ 3.4%*
Total value locked
$163.8M
peak $717.8M
3M Sharpe
21.8
3M volatility
0.3%
Transaction status
Deposits Private — Ondo subscriptions, redemptions and token transfers require issuer onboarding, eligibility and compliance checks
Redemptions Ondo subscriptions, redemptions and token transfers require issuer onboarding, eligibility and compliance checks
Other metrics
3M Sharpe
21.8
3M volatility
0.3%
Age
1.4 years
0.0%
Protocol Technical Risk
Lockup period
Unknown
Denomination
Returns and fees
| 1M | 3M | 6M | 1Y | Lifetime | ||
|---|---|---|---|---|---|---|
| Gross Gross | 3.4% | 3.4% | 3.4% | 3.6% | 3.7% | |
| Performance fee Performance | No data | No data | No data | No data | No data | |
| Management fee Management | 0.2% | 0.2% | 0.2% | 0.2% | 0.2% | |
| Deposit fee Deposit | No data | No data | No data | No data | No data | |
| Withdrawal fee Withdrawal | No data | No data | No data | No data | No data | |
| Net Net | --- | --- | --- | --- | --- |
Internalised fees are reflected in the share price. One-time deposit and withdrawal fees may still affect net returns.
About the vault
The Ondo Short-Term U.S. Government Bond Fund is a permissioned tokenised fund providing exposure primarily to short-term U.S. Treasuries and government-sponsored-enterprise securities, alongside cash-management holdings. Ondo publishes its daily NAV through an on-chain price oracle.
Notes
Ondo Short-Term U.S. Government Bond Fund (OUSG).
- Curator: Ondo Finance.
- Vault strategy: Tokenised shares providing exposure primarily to short-term U.S. Treasuries and government-sponsored-enterprise securities, alongside cash-management holdings.
- NAV reporting: Ondo updates the fund NAV at the end of each business day and publishes the NAV per OUSG token through its on-chain price oracle.
- Investor access: OUSG is a qualified-access product. Eligible, onboarded investors may use Ondo's supported subscription and redemption process; token transfers remain restricted to onboarded holders.
- Fund page: Ondo OUSG.
Curated by Ondo Finance
This tokenised fund is curated by Ondo Finance.
Ondo Finance provides tokenised investment products and infrastructure for eligible investors.
Running on Ondo protocol
This tokenised fund is running on Ondo:
Tokenised U.S. dollar yield and short-term government-securities products for eligible investors.
Performance metrics
| Metric | Week | Month | 3 months | 6 months | Year | Lifetime |
|---|---|---|---|---|---|---|
| Ranking overall | #642 | #596 | #622 | #600 | #637 | #680 |
| Ranking on Ethereum | #372 | #346 | #363 | #351 | #384 | #401 |
| Ranking on Ondo | #2 | #2 | #2 | #2 | #2 | #2 |
| CAGR (net) | --- | --- | --- | --- | --- | --- |
| CAGR (gross) | 3.0% | 3.4% | 3.4% | 3.4% | 3.6% | 3.7% |
| Returns (net) | --- | --- | --- | --- | --- | --- |
| Returns (gross) | 0.1% | 0.3% | 0.8% | 1.7% | 3.6% | 5.1% |
| Sharpe ratio | 15.31 | 18.74 | 21.82 | 23.50 | 20.59 | 22.16 |
| Max drawdown | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Volatility | 0.2% | 0.2% | 0.3% | 0.3% | 0.4% | 0.4% |
| TVL low | $163.79M | $163.79M | $163.79M | $163.79M | $163.79M | $163.79M |
| TVL high | $165.95M | $186.60M | $285.09M | $588.57M | $717.77M | $717.77M |
| Share price start (USD) | 116.0755 | 115.8185 | 115.1763 | 114.2202 | 112.0554 | 110.4702 |
| Share price end (USD) | 116.1402 | 116.1402 | 116.1402 | 116.1402 | 116.1402 | 116.1402 |
| Period data availability | 8 days | 31 days | 91 days | 181 days | 368 days | 498 days |
| Period start | 2026-07-31 | 2026-07-08 | 2026-05-09 | 2026-02-08 | 2025-08-07 | 2025-03-28 |
| Period end | 2026-08-07 | 2026-08-07 | 2026-08-07 | 2026-08-07 | 2026-08-07 | 2026-08-07 |
Technical Details
| Vault name | Ondo Short-Term U.S. Government Bond Fund |
| Vault address | 0x1b19c19393e2d034d8ff31ff34c81252fcbbee92 |
| Chain | |
| Denomination | |
| Exchange rate used | 1 USD = $1.0000 |
| Share token | OUSG |
| Protocol | Ondo |
| Homepage | View vault on protocol website |
| Current TVL | 163,786,731.658 USD |
| Peak TVL | 717,770,484.116 USD |
| Last share price | 116.14 USD |
| Last updated | |
| Last updated block | 25,701,764 |
| Data refreshed at | |
| Data starts | 2025-03-28 00:00:00 UTC |
| Fee mode | Internalised (performance fee taken from closed positions) |
| Fees internalised | Yes |
| Features | ondo_like |
| Flags | tokenised_fund |
| Whitelist status | Whitelisted |
| Deposit status | Ondo subscriptions, redemptions and token transfers require issuer onboarding, eligibility and compliance checks |
| Redemption status | Ondo subscriptions, redemptions and token transfers require issuer onboarding, eligibility and compliance checks |
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