Ethena Labs
Ethena is a startup developing the first-ever ‘internet bond’ and a new Ethereum-based stablecoin USDe that achieves stability by hedging price exposure through shorting Ethereum using perpetual swaps, while their savings bond offers individuals worldwide a dollar-denominated savings instrument with the benefits of decentralized finance.
Overview
Ethena is a startup developing the first-ever ‘internet bond’ and a new Ethereum-based stablecoin USDe that achieves stability by hedging price exposure through shorting Ethereum using perpetual swaps, while their savings bond offers individuals worldwide a dollar-denominated savings instrument with the benefits of decentralized finance.
- Sector
- # Other
- Ecosystem
- —
Team
Team information has not been disclosed.
Funding history
5 disclosed rounds- Unknown
14,000,000 USD
- Unknown
16,000,000 USD
- Private
100,000,000 USD
- Strategic
14,000,000 USD
- Seed
6,500,000 USD
Related news
Market updates
No related market updates.
People updates
No related people updates.