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Ethena

Ethena

Ethena provides what it calls "Digital Dollars for the Internet Economy" through its primary product, USDe. It aims to offer a globally accessible dollar savings account, allowing users to earn yield on their assets.
Distributed

Description

Ethena is a protocol focused on creating 'Internet Money' through its product, USDe, a digital dollar. The platform emphasizes transparency by providing real-time information on backing assets, weekly proof of reserves, and monthly custodian attestations. Users can utilize USDe in various DeFi applications and on exchanges for purposes like margin collateral. Ethena is actively expanding its ecosystem through partnerships, such as with the Ton blockchain to reach Telegram's user base, and by developing new infrastructure like the Converge blockchain with Securitize to support DeFi and tokenized assets.

Grant Funding

VC Funding

None
2023
2024

$0

$20M

Technology & Skills

Uncover the hard and soft skills and tools employed by the organization, and gain insight into the technologies that drive their success
DEVOPS
PYTHON
REACT
WEB3
SOLIDITY
OPERATIONS
MARKETING
PARTNERSHIPS
BUSINESS DEVELOPMENT
PRODUCT
LEGAL
COMMUNITY
RESEARCH
DESIGN
DATA SCIENCE
QUANT
COMMUNICATION
SECURITY ARCHITECTURE
THREAT MODELING
INCIDENT RESPONSE
FORENSICS
PENETRATION TESTING
CI/CD
CLOUD SECURITY
VULNERABILITY ASSESSMENT
DEVSECOPS
INTRUSION DETECTION
ON-CHAIN
OFF-CHAIN
SECURITY AUTOMATION
ENDPOINT SECURITY
SMART CONTRACTS
THREAT DETECTION
DEFI
RISK MANAGEMENT
AUTOMATION
MPC
MULTISIG
SOFTWARE DEVELOPMENT
OBJECT ORIENTED PROGRAMMING
HSM
DESIGN PATTERN