Alternatives to Ethena
The top Fintech companies similar to Ethena, ranked by relevance (named competitors first, then how closely their sectors overlap) and our 0-100 AI-readiness score. Each links to a full profile with funding and team.
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Cassiopeia Tech36EnterpriseNew York, United StatesAI-powered software to measure, predict, and prevent workplace harassment, bullying, and discrimination.
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Payflows58FintechParis, France$32.1MAI-powered finance operations platform that unifies procurement, treasury, AP/AR, and cashflow management for finance teams.
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Circle55FintechBoston, United States$3.2BCircle provides a full-stack platform for the internet financial system, offering stablecoins like USDC and EURC, tokenized funds, and services for minting, FX, and payments.
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Ethena Labs33Fintech$20.0MDecentralized synthetic dollar protocol building a new financial primitive.
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Solidus Labs62FintechTel Aviv, Israel$108.0MCrypto-native market integrity solutions for trade surveillance, transaction monitoring, and threat intelligence.
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Aave61FintechLondon, United Kingdom$29.5MA decentralized protocol for lending and borrowing cryptocurrencies.
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Efficient Frontier60FintechSingapore, Singapore$2.0MAutonomous trading technology for crypto markets, optimizing millions in daily turnover.
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21Shares59FintechZurich, Switzerland$23.0MLeading issuer of crypto exchange-traded products (ETPs) globally.
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Fiserv Inc.77Banking TechnologyMilwaukee, United States$300.0MGlobal financial technology provider for banks, credit unions, merchants, and businesses.
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Tweed53FintechNew York, United States$4.0MSelf-custodial key management and white-label wallets for platforms integrating Web3.
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OranjeBTC50Fintech$800.0MDecentralized Bitcoin mining and staking platform for individuals and institutions.
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Backed Finance50FintechZug, Switzerland$9.5MBacked Finance tokenizes real-world assets like stocks and ETFs on blockchain rails for onchain investing.
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Stride Labs50FintechNew York, United States$6.7MA platform for liquid staking in the Cosmos ecosystem, enabling users to earn rewards while maintaining asset liquidity.
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Arrakis Finance34FintechArrakis Finance is an onchain market maker providing deep, actively managed liquidity for token issuers and real-world assets.
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Propr49Fintech$2.5MCrypto-native proprietary trading firm providing funded capital to skilled traders with transparent, on-chain operations.
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Brix46Fintech$5.5MFintech platform bringing emerging market financial assets on-chain.
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Axal45FintechZug, Switzerland$2.5MDecentralized asset management and yield generation platform.
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Integrated infrastructure for the entire digital asset trading lifecycle.
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Euler44FintechLondon, United Kingdom$44.3MA permissionless, non-custodial lending protocol for decentralized finance, enabling risk-adjusted yield generation.
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Dogecoin Treasury firm44FintechOmaha, United States$175.0MPublicly traded company establishing an official Dogecoin treasury and acquiring DOGE as a reserve asset.
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AI-powered yield optimization and strategy execution for Decentralized Finance (DeFi).
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On-chain derivatives trading protocol with Real-World Asset markets.
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Bullish34FintechGibraltar, Gibraltar$301.3MBullish is a regulated cryptocurrency exchange that combines the benefits of centralized and decentralized finance.
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eToro74FintechLimassol, Cyprus$524.0MeToro is a social investing platform enabling users to trade stocks, crypto, and ETFs, and copy top-performing investors.
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Grove70FintechMiami, USA$15.9MInstitutional-grade credit infrastructure protocol for onchain finance.
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Kamino54FintechMiami, United StatesAutomated liquidity management and yield generation platform on Solana, simplifying DeFi operations for users.
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Automated liquidity solutions and yield strategies for stablecoins on Polygon.
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Ledger69FintechParis, France$572.3MHardware and software solutions for secure management of digital assets and Web3 interactions.
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Mambu67FintechBerlin, Germany$443.8MThe composable, API-first cloud banking platform.
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Keyrock67FintechBrussels, Belgium$176.3MA digital asset services firm providing market making, asset management, and options trading.
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Qinv10FintechAI-managed, tokenized cryptocurrency portfolios built on the BASE blockchain.
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f(x) Protocol10FintechDecentralized on-chain trading platform offering leveraged positions with minimal liquidation risk and yield on stablecoins.
- Website Aieq8Fintech
An AI-powered ETF that uses IBM Watson to select U.S. equities for investment.
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Capitalmath8FintechAn institutional-grade quantitative trading and market-making firm for digital assets.
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Usdking7FintechA stablecoin pegged 1:1 to the US dollar, backed by dollars, gold, and USDT.
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Evoptrade7FintechLock EVOP tokens for long-term BTC/ETH price predictions and earn amplified rewards for accuracy.
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Wirex62FintechLondon, United Kingdom$15.0MUnified platform for managing digital wealth with crypto wallets, debit cards, and banking services.
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Tala61FintechSanta Monica, United States$382.2MTala provides AI-driven credit, savings, and crypto wallets for emerging markets.
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Capitallimited6FintechAn institutional-grade digital asset management and algorithmic trading firm.
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fxUSD5FintechA decentralized stablecoin protocol for a global, permissionless financial system.
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Midas58Fintech$136.0MA platform for on-chain investment products, aiming to standardize decentralized finance investment opportunities.
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Bitcoin Suisse AG57FintechZug, Switzerland$46.4MA regulated Swiss crypto-financial service provider offering trading, staking, custody, and lending.
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Jointer37CryptoTel Aviv, Israel$12.5MDecentralized finance and property technology platform built on a DAO.
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Simplex57FintechTel Aviv, Israel$8.4MSimplex provides a secure, global onramp for individuals and businesses to instantly buy cryptocurrency with fiat.
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Brickken55FintechBarcelona, Spain$5.5MTokenisation infrastructure for financial institutions and businesses to manage real-world assets.
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Coinscan54FintechTel Aviv, Israel$6.3MA comprehensive platform for crypto trading analytics, portfolio tracking, and market insights.
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dYdX54FintechSan Francisco, United States$87.0MDecentralized derivatives exchange offering perpetual contracts and advanced trading tools.
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Connext54Fintech$12.0MModular interoperability protocol for building crosschain applications and deploying crosschain-native tokens.
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Archimedes52Fintech$7.3MOpen-source lending protocol for superior capital efficiency in Decentralized Finance (DeFi).
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Uphold51FintechNew York, USA$153.2MA multi-asset digital money platform for cryptocurrencies, fiat currencies, stablecoins, and commodities.
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KR151FintechLondon, United Kingdom$10.3MDecentralized venture capital firm investing in early-stage blockchain and digital asset projects.
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Zero Hash50FintechNew York, United States$253.6MDigital asset custody and compliance platform for regulated financial institutions.
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Blockchain.com50FintechMiami, United States$600.0MA leading platform for buying, selling, and managing cryptocurrencies and digital assets.
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A digital asset financial services group providing comprehensive digital asset solutions.
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Phantom Labs49FintechSan Francisco, United States$109.0MA self-custodial crypto wallet and platform for trading, predictions, and decentralized finance.
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Talos68BlockchainNew York, United States$145.0MInstitutional-grade technology for the full digital asset trading lifecycle.
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Coinflow47FintechSan Francisco, United States$5.7MStreamlines crypto payments and on-ramps for Web3 applications.
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Earnifi47FintechBoulder, United States$7.0MA Web3 notification platform that helps users discover and claim unclaimed crypto airdrops.
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Virtual-Crypto32FintechDelivers mission-critical security integration and advanced surveillance solutions for national infrastructure and public safety.
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Credora45FintechSingapore, Singapore$5.2MCredora provides data and analytics for the decentralized finance (DeFi) ecosystem.
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