Ethena is a synthetic dollar protocol built on Ethereum that provides a crypto-native solution for money not reliant on traditional banking system infrastructure, alongside a globally accessible dollar denominated rewards instrument - the 'Internet Bond'.
Ethena's synthetic dollar, USDe, provides the crypto-native, scalable solution for money achieved by delta-hedging Ethereum and Bitcoin collateral. USDe is fully-backed and free to compose throughout CeFi & DeFi.
USDe peg stability is supported through the use of delta hedging derivatives positions against protocol-held collateral, maintaining a relatively stable value with reference to the value spot crypto assets as well as futures positions.
The 'Internet Bond' combines revenue derived from staked assets (e.g., staked Ethereum), to the extent used as backing assets, as well as the funding & basis spread from perpetual and futures markets, to create the first onchain crypto-native solution for money.
Company Details
- Employees
- 13
- Founded
- -
- Address
- Lisbon, Pt
- Industry
- Technology, Information And Internet
- Website
- https://www.ethena.fi/
- Keywords
- Transitioning to a GENIUS-compliant structure cements USDtb at the forefront of this mega trend.
- HQ
- Lisbon
Ethena Labs Questions
Ethena Labs's website is https://www.ethena.fi/
Ethena Labs's LinkedIn profile is https://pt.linkedin.com/company/ethena-labs
Ethena Labs has
13 employees.
View email and phone details for 13
employees at Ethena Labs.
Ethena Labs's industry is
Technology, Information and Internet
Ethena Labs's top competitors are
Safetywing,
Securitize,
Ondo Finance,
Blackrock,
Usual,
Xapo Bank,
Polygon Labs,
Monetizemore,
Cerberus Capital Management,
Ethena.
Ethena Labs's categories are Technology, Information and Internet
Ethena Labs's founding year is 2023
