About Ethena Labs
We built a synthetic dollar protocol on Ethereum that offers a crypto-native money solution, independent of traditional banking systems.
Our main products are USDe, a synthetic dollar, and the ‘Internet Bond’, a dollar-denominated rewards instrument. USDe maintains its peg through delta-hedging derivatives positions against Ethereum and Bitcoin collateral held by the protocol. The ‘Internet Bond’ combines revenue from staked assets with funding and basis spread from perpetual and futures markets.
Since our founding in 2023, we have focused on managing and optimizing USDe’s backing assets. We are developing a market data platform and expanding our crypto-native financial products through partnerships in DeFi, exchanges, wallets, and fintech platforms. Our platform infrastructure uses Terraform, Kubernetes, and cloud providers like AWS and GCP.
Team & Culture
We are a team of 11-50 people working in a fast-paced startup. Our flat structure encourages collaboration across teams.
We foster a remote-friendly environment that supports personal growth and innovation, and we aim for a strong DevOps culture.
Benefits & Perks
We offer a flexible, remote-friendly work environment. Employees also have opportunities for personal growth and learning.
Frequently Asked Questions
Ethena Labs offers USDe, a synthetic dollar protocol built on Ethereum, and the ‘Internet Bond’, a dollar-denominated rewards instrument. USDe provides a crypto-native and scalable solution for money, while the ‘Internet Bond’ combines revenue from staked assets and funding/basis spread from perpetual and futures markets.
Employees receive a flexible, remote-friendly work environment and established opportunities for personal growth and learning.
The company operates in a fast-paced startup environment with a relatively flat organizational structure. It emphasizes high integrity, cross-functional collaboration, innovation, and fostering a world-class DevOps culture. Employees are encouraged to adapt to various time zones when engaging with external partners and users.
Ethena Labs was founded in 2023.
Ethena Labs has 11-50 employees.
Ethena Labs hires globally with a remote-first approach, allowing employees to work from anywhere.
Yes! Ethena Labs is actively hiring with 4 open remote jobs available now.
Yes, Ethena Labs is a remote-first company.
Ethena Labs's website is www.ethena.fi .
You can find Ethena Labs on LinkedIn .
4 remote jobs at Ethena Labs
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Project: Career Search
Rev. 2026.2
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