Ethena Labs
Ethena Labs33
Ethena Labs
Decentralized synthetic dollar protocol building a new financial primitive.
About
What does Ethena Labs do?
Ethena Labs offers USDe, a synthetic dollar designed for the internet economy, providing global instant access to a reward-accruing asset. Its core product, sUSDe, enables users to earn industry-leading rates by staking USDe, establishing a new benchmark for capital productivity. Ethena serves individuals, fintech companies, treasuries, banks, and the broader DeFi ecosystem through integrations with major exchanges and on-chain venues.
What is Ethena Labs's revenue?
StartupHub estimates Ethena Labs's annual revenue at $19 (range $18 to $67, 42% confidence), based on comparable companies in the sector.
What is Ethena Labs's valuation?
StartupHub estimates Ethena Labs's effective valuation at $241 (range $169 to $313, 38% confidence), based on comparable companies in the sector.
How much funding has Ethena Labs raised?
Ethena Labs has raised a total of $20M in funding.
When was Ethena Labs founded?
Ethena Labs was founded in 2023.
What industry does Ethena Labs operate in?
Ethena Labs operates in Fintech, DeFi, Algorithmic Stablecoin, Decentralized Finance, Cryptocurrency, Yield Generation.
“America’s First Federally Regulated Stablecoin "USDtb", From Ethena_labs, Is Live On Solana. Onshored in the U.S. with Anchorage Digital America’s first federally regulated stablecoin—USDtb from @ethena_labs — is live on @Solana”
View on Reddit“Ethena Labs has confirmed that XRP meets all requirements for integration into USDe, the company's $11.8 billion stablecoin, following a comprehensive risk assessment by the firm's committee.”
View on Reddit“Ethena Labs (USDe) pushes Circle and Tether as stablecoin race heats up.”
View on Reddit“Ethena Labs Launches sENA, Boosting Liquidity and DeFi Rewards. Ethena Labs integrated Coinbase Prime Web3 Wallet to streamline minting and redemption processes for its Ethereum-based protocol.”
View on Reddit“What are the additional risks for Ethena Labs in July?. Ethena Labs is spreading its USDe asset to new DeFi protocols. Most of the tokens are locked on Pendle and Morpho for airdrop mining. There are no signs of a run on USDe, but the proje…”
View on Reddit“Fake token copies Ethena Labs, gets exploited for $290K on Binance Launchpool.”
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