Role Details
Location
Globally Remote
Salary (est. USD)
~$100K - $160K (est. USD)
Estimated based on role seniority, company stage (Growth), and industry benchmarks. Actual compensation may vary.
How is this calculated?
Seniority band
Mid-level
Base range
$100K – $160K
Based on Web3 & AI industry compensation data. Seniority is inferred from role title keywords. Company stage affects ranges: early-stage (−15%), late-stage/public (+10%).
Department
Ethena Labs
Vertical
DeFi
Job Description
Who We Are and What We are Doing:
Ethena Labs is actively building and deploying a suite of groundbreaking digital dollar products aiming to upgrade money into the internet era.
Our flagship product, USDe, is a synthetic dollar backed by digital assets, and takes the novel approach of using a delta-neutral hedged basis strategy to maintain its peg. This product scaled from zero to $15b in 18 months.
Expanding on this, iUSDe is designed specifically for traditional financial institutions, incorporating necessary compliance features to enable them to access the crypto-native rewards our protocol generates, in an institutional-friendly manner.
Ethena has also developed USDtb: a fiat backed GENIUS compliant stablecoin in partnership with BlackRock which has scaled to ~$2b.
These products are also offered in a whitelabel stablecoin offering where any application, chain, wallet or exchange can launch their own stablecoin on Ethena's back-end infrastructure.
Through these offerings, Ethena Labs is not just creating new financial products; we are building the foundational infrastructure for a more open, efficient, and interconnected global financial system.
Open job offerings will be focused on two new major product lines coming to market in the next few months.
Join us!!
The Opportunity
Right now we are at a very early stage in our existence, we will need people with expertise across many verticals as we evolve, scale and grow.
What skill sets we'll need and when is one of the important strategic initiatives our leadership is working on right now, so expect many roles to open in the coming months.
It would be great to know and hear from you sooner rather than later. Then, should an opportunity open up that aligns with your skills and experience, you'll be the first we'll contact to explore it with.
Engineering - Onchain (Solidity), Offchain (React, Python, Web3 tools & libraries), DevOps, Quant. Product & Design Marketing & Community Business Development & Partnerships Research & Data Science Operations Legal
In the next 6 to 12 months we know we'll need to build and expand the following teams:
We are always particularly interested in hearing from people with experience in DeFi and Web3 generally, from the top projects.
Why Ethena Labs?
You'd be joining a group that has well established itself as one of the most successful crypto-native company's of all time, a group with a mission to revolutionise decentralised finance and it's position in global finance.
Work alongside a passionate and innovative team that values collaboration and creativity.
Enjoy a flexible, remote-friendly work environment with established opportunities for personal growth and learning.
If you subscribe to the mission of separating the dollar from the state, then we want to hear from you!
We look forward to receiving your application and will be in touch after having a chance to review.
In the meantime, here are some links to more information about Ethena Labs to help you check us out:
About Ethena Labs
Creator of USDe, a synthetic dollar backed by delta-neutral hedged digital assets. Scaled from zero to $15B in 18 months. Also built USDtb, a fiat-backed stablecoin in partnership with BlackRock (~$2B). Backed by Dragonfly, Arthur Hayes.
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