United States Oil Fund, LP (Backpack Securities)
USO Rank #5274Price chart
What is United States Oil Fund, LP (Backpack Securities)?
Overview
USO bridges traditional financial markets with blockchain infrastructure by offering a digital representation of private equity positions. Unlike synthetic derivatives or perpetual contracts that track prices through oracles, USO provides holders with tangible claims on underlying assets. The project participates in the Real World Assets sector, which converts physical and financial instruments into on-chain form to enhance liquidity and access.
How it works
USO is deployed on the Solana blockchain. The token functions as a direct claim on private equity rather than a price-tracking mechanism, distinguishing it from oracle-dependent derivatives.
Token and supply
USO's total supply is approximately 999 tokens. No maximum supply cap has been specified.
Where to trade USO
Exchanges that list this asset
Live spot quotes from connected exchanges
USO funding rates
Live perpetual funding on every connected exchange. Positive = longs pay shorts.
Contracts & chains
Exact contract or mint per network — the identity layer used for DEX routing.
On-chain routes
Networks with a connected DEX routing adapter.