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Ethena

Ethena is a DeFi protocol enabling the creation of USDe, a synthetic dollar, and offering internet-native yield through staking.
Craigmuir Chambers, PO Box 71, Road Town, Tortola, VG1110, British Virgin Islands, Cayman Islands

Description

Ethena is a decentralized finance protocol that allows users to mint USDe, a synthetic dollar, using liquid staking tokens as collateral. The platform also offers staking of USDe to earn yield in the form of sUSDe. Ethena aims to provide a stable, high-yield asset for the crypto ecosystem, combining the stability of a dollar-pegged token with the benefits of decentralized finance.

Grant Funding

VC Funding

None
2023
2024
2025

$0

$164M

Technology & Skills

Uncover the hard and soft skills and tools employed by the organization, and gain insight into the technologies that drive their success