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About United States Oil Fund (Ondo Tokenized)

USO delivers its exposure to oil using near-term futures. USO gets exposure to oil using derivatives, like several oil ETPs. The fund predominately holds near-month-futures contracts on WTI, rolling into future contracts every month. This method is particularly sensitive to short-term changes in spot prices. USO held front month contracts until April 17, 2020, at which time following leeway in the prospectus, USO changed the exposure from holding specifically front-month contracts to holding predominantly front-month contracts, 30% next month and 15% contracts with further expiry. USO is structured as a commodities pool, so expect a K-1 at tax time. Long-term holders will be taxed on any gains even if they didn't sell shares.

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$160.80
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Trading Insights

Market Stats

Market Cap

$274.28K

FDV

$274.28K

Circ. Supply

1.7K USOON

Max Supply

No maximum supply

Total Supply

1.7K USOON

Performance

Popularity

Not enough data

Dominance

Not enough data

Volume (24H)

$612.44

19.04%

Volume (7D)

Not enough data

Volume (30D)

Not enough data

All time high

$0.0000001964

Price Change (1Y)

Additional details

Market details

USOON vs markets

↗ 45.4%

USOON vs BTC

↗ 32.69%

USOON vs ETH

↗ 46.49%

Tags

0

Network & Addresses

Network
Address

Solana

rpydAzWdCy85HEmoQkH5PVxYtDYQWjmLxgHHadxondo

Price history

Time
Price
Change
Today
$160.80
-4.12%
1 Day
$161.45
-4.12%
1 Week
$187.78
0.00%
1 Month
$152.85
0.00%
1 Year
$0.00
0.00%

FAQ

We update our United States Oil Fund (Ondo Tokenized) to USD currency in real-time. Get the live price of United States Oil Fund (Ondo Tokenized) on Coinbase.

The current market cap of United States Oil Fund (Ondo Tokenized) is $274.276K. A high market cap implies that the asset is highly valued by the market.

The all-time high of United States Oil Fund (Ondo Tokenized) is $0.0000001964. This all-time high is highest price paid for United States Oil Fund (Ondo Tokenized) since it was launched.

Over the last 24 hours, the trading volume of United States Oil Fund (Ondo Tokenized) is $612.441.

The current circulating supply of United States Oil Fund (Ondo Tokenized) is 1.7 thousand.

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Guides

United States Oil Fund (Ondo Tokenized) calculator

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