Ethena Labs is building the first ETH based yield-bearing synthetic dollar. Arthur Hayes is a founding advisor and the team has deep experience across traditional finance and crypto engineering from firms such as Cerberus, Wintermute, Flow Traders, Deribit, Paradigm, Aave, Blockdaemon and Kaiko. We are backed by every major exchange and trading entities in the space.

We are building derivative infrastructure to enable Ethereum to transform into the Internet Bond via delta-neutral derivatives positions, to create the first crypto-native, yield bearing synthetic dollar: sUSDe.

We believe creating a synthetic dollar which is not reliant on existing banking infrastructure is the single most important problem to solve and largest opportunity in crypto today.

USDe will form the first part of a broader ecosystem of products we are building including fixed and floating rate internet bonds and composable repo leveraged markets.

Join us!!

Right now we are at a very early stage in our existence, we will need people with expertise across many verticals as we evolve, scale and grow.

What skill sets we’ll need and when is one of the important strategic initiatives our leadership is working on right now, so expect many roles to open in the coming months.

It would be great to know and hear from you sooner rather than later. Then, should an opportunity open up that aligns with your skills and experience, you’ll be the first we’ll contact to explore it with.

We are always particularly interested in hearing from people with experience in DeFi and Web3 generally, from the top projects.

If you subscribe to the mission of separating the dollar from the state, then we want to hear from you!

We look forward to receiving your application and will be in touch after having a chance to review.