Convert FRAXon Polygon to OUSGon Ethereum
Swap Frax (prev. FXS) (FRAX) on Polygon to Ondo Short-Term U.S. Government Bond Fund (OUSG) on Ethereum at the best cross-chain rate. SwitchFi routes your FRAX → OUSG exchange across the top DEXs and bridges and settles straight from your wallet — non-custodial, no account, no sign-up.
FRAX to OUSG market data
| Metric | FRAX · Polygon | OUSG · Ethereum |
|---|---|---|
| Price | $0.2307 | $115.82 |
| Market cap | $21.60M | $402.66M |
| 24h volume | $410,157 | $0 |
| 24h change | -2.16% | +0.01% |
| 7d change | -1.62% | +0.06% |
| 24h high / low | $0.2367 / $0.2296 | $115.82 / $115.81 |
| All-time high | $42.80 | $115.82 |
| Market cap rank | #778 | #112 |
What is the FRAX to OUSG exchange rate?
At the current market price, 1 FRAX ≈ 0.001992 OUSG, and 1 OUSG ≈ 502.0068 FRAX. The rate moves with the market; the exact amount you receive is quoted from live liquidity in your wallet before you sign.
Ondo Short-Term U.S. Government Bond Fund carries the larger market value of the two — $402.66M versus $21.60M for Frax (prev. FXS). On the overall leaderboard they sit at #778 and #112 respectively. Day-on-day, FRAX printed -2.16% and OUSG printed +0.01%, meaning the exchange rate between them has moved in OUSG's favour. Zooming out to a week, FRAX has moved -1.62% while OUSG has moved +0.06%.
FRAX to OUSG converter & price calculator
Indicative, based on current market prices. Get a live quote in the swap.
FRAX / OUSG conversion tables
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Live quote, net of DEX/bridge/gas fees. The final amount is confirmed in your wallet at execution.
Indicative estimate — the exact amount is confirmed in your wallet at execution.
About Frax (prev. FXS) and Ondo Short-Term U.S. Government Bond Fund
With a total market value of $21.60M, Frax (prev. FXS) (FRAX) sits at #778 among all cryptocurrencies. The price sits 99.5% under the record high of $42.80. There are currently 93.61M FRAX in circulation. FRAX has moved -1.62% week-on-week and -21.26% over 30 days. Its 24-hour trading volume is $410,157.
Ondo Short-Term U.S. Government Bond Fund (OUSG) ranks #112 by market capitalisation at $402.66M. The price is hovering near its record high of $115.82. Circulating supply stands at 3.48M OUSG. Over the last 7 days OUSG is +0.06%, and +0.30% across 30 days.
How to convert FRAX to OUSG
- 1 Enter the amount of FRAX on Polygon you want to convert — the swap widget on this page is prefilled with the FRAX → OUSG pair.
- 2 Connect a compatible wallet: MetaMask, OKX, Trust Wallet, TokenPocket, TronLink, UniSat, Phantom and others.
- 3 Review the quoted route — the estimated and minimum amount of OUSG on Ethereum you will receive, plus network, DEX and bridge fees, are all shown before you sign.
- 4 Confirm the transaction in your wallet and track the swap on the My transactions page until the funds arrive.
Other options to exchange OUSG
BTC → OUSGEthereum
Bitcoin
ETH → OUSGEthereum
Ethereum
USDTEthereum → OUSGEthereum
Tether
BNB → OUSGEthereum
BNB
USDCEthereum → OUSGEthereum
USDC
XRP → OUSGEthereum
XRP
SOL → OUSGEthereum
Solana
TRX → OUSGEthereum
TRON
FIGR_HELOC → OUSGEthereum
Figure Heloc
HYPE → OUSGEthereum
Hyperliquid
DOGE → OUSGEthereum
Dogecoin
USDSEthereum → OUSGEthereum
USDS
Convert any other cryptocurrency from FRAX
FRAXPolygon → BTC
Bitcoin
FRAXPolygon → ETH
Ethereum
FRAXPolygon → USDTEthereum
Tether
FRAXPolygon → BNB
BNB
FRAXPolygon → USDCEthereum
USDC
FRAXPolygon → XRP
XRP
FRAXPolygon → SOL
Solana
FRAXPolygon → TRX
TRON
FRAXPolygon → FIGR_HELOC
Figure Heloc
FRAXPolygon → HYPE
Hyperliquid
FRAXPolygon → DOGE
Dogecoin
FRAXPolygon → USDSEthereum
USDS
FRAX to OUSG FAQ
What is the FRAX to OUSG exchange rate?
1 FRAX is worth roughly 0.001992 OUSG at the moment (inverted: 1 OUSG ≈ 502.0068 FRAX). This moves with the market; your wallet shows the exact executable amount before signing.
How to swap, exchange or convert FRAX to OUSG on SwitchFi?
Three steps: set the FRAX amount, connect your wallet, then approve the best quoted FRAX→OUSG route. Funds move wallet-to-wallet — SwitchFi never holds them.
Is the FRAX to OUSG swap instant?
If both assets live on the same chain the swap confirms within seconds. Cross-chain conversions add a few minutes of bridge confirmation time, with live status tracking throughout.
Are there fees to convert FRAX to OUSG?
All costs — gas, DEX fees and any bridge fee — are included in the quote before you sign, along with the guaranteed minimum you'll receive. There are no account or custody charges.
Do I need an account to exchange FRAX for OUSG?
No account is needed. You connect a wallet, approve the swap and receive the funds directly — there is no registration or KYC step for on-chain swaps.
Market data by CoinGecko, cached server-side. Prices are informational — the exact swap rate is quoted at execution time.