
Ethena Labs
Decentralized synthetic dollar protocol building a new financial primitive.
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About
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.
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Key facts
- Website
- ethena.fi
- Founded
- 2023
- Total funding
- $6M
- Business model
- DeFi
Funding rounds
| Date | Round | Amount | Lead investors |
|---|---|---|---|
| 21 Sept 2025 | Undisclosed round | Undisclosed | CZ's Family Office |
| 17 Jul 2023 | Undisclosed round | $6M | Dragonfly, Arthur Hayes |
Tech stack
Detected on ethena.fi, last scanned 20 Oct 2026. Run your own scan
- Compliance
- SOC 2
- Frontend
- Next.js, Tailwind CSS
- Analytics
- PostHog
- CMS / Builders
- GitBook
- CDN
- Vercel
- Hiring platform
- Teamtailor
- Affiliate program
- Self-hosted affiliate
Ethena Labs scores 72. Does yours?
That is its Ahrefs DR: the backlink strength of a domain, on the Ahrefs 0 to 100 scale. Paste your website and you get yours in about a minute.
5 reviews from Reddit gathered in one place
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.
Ethena Labs (USDe) pushes Circle and Tether as stablecoin race heats up.
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.
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…
Fake token copies Ethena Labs, gets exploited for $290K on Binance Launchpool.
Each quote is copied word for word and links to where it was posted. Promotion and off-topic posts are filtered out.
Frequently asked
Is Ethena Labs trustworthy and reputable?
StartupHub's Data Trust & Reputation score for Ethena Labs is 73 out of 100, a generally safe rating, based on site security posture, privacy practices, malware and phishing checks, and public reputation signals.
How much funding has Ethena Labs raised?
Ethena Labs has raised a total of $6M in funding.
Does Ethena Labs have an affiliate program?
Yes, Ethena Labs has an affiliate program. The program runs on Self-hosted affiliate. Register here: www.ethena.fi/affiliates
Public record
SEC filings, insider activity, nonprofit links and pay benchmarks for Ethena Labs


