<div><b>Who We Are and What We are Doing:</b></div><div>Ethena Labs is actively building and deploying a suite of groundbreaking digital dollar products aiming to upgrade money into the internet era.</div><div><br /></div><div>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.</div><div><br /></div><div>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.</div><div><br /></div><div>Ethena has also developed USDtb: a fiat backed GENIUS compliant stablecoin in partnership with BlackRock which has scaled to ~$2b.</div><div><br /></div><div>These products are also offered in a whitelabel stablecoin offering where any application, chain, wallet or exchange can launch their own stablecoin on Ethenas back-end infrastructure.</div><div><br /></div><div>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.</div><div><br /></div><div>Open job offerings will be focused on two new major product lines coming to market in the next few months.</div><div><br /></div><div><span>Join us!!</span></div><div><br /></div><div><b>Location: European or Asian Time Zone</b></div><div><br /></div><div><b>The Role</b></div><div><br /></div><div><span>As a Senior DeFi Engineer, youll be at the forefront of designing, deploying, and maintaining cutting-edge DeFi infrastructure and products in the realm of stablecoins, staking, liquidity, and cross-chain flows. Youll act as a technical leader in DeFi engineering, bridging protocol development, security, and trading infrastructure to deliver systems that expand Ethenas market impact while safeguarding user and treasury assets.</span></div><div><br /></div><div><span>Youll work closely with our Security Engineering and Trading &amp; Risk Engineering teams to integrate market data, liquidity signals, and execution systems into DeFi flows. Your work will enable safe automation of mint/redeem operations, LP strategies, and governance-controlled vaults while maintaining world-class security, scalability, and reliability.</span></div><h3>What Youll Do</h3><ul><li><b>Architect and deliver core DeFi protocols:</b> including staking, stablecoin integrations, and liquidity systems, ensuring deployments are secure, gas-efficient, and aligned with product roadmaps</li><li><b>Lead cross-chain infrastructure development</b> in bridging, messaging, LayerZero/LZCompose, and paymasters to ensure seamless UX with high reliability across supported chains</li><li><b>Partner with Security Engineering</b> to design and deliver modern, robust multisig/on-chain monitoring and tooling solutions</li><li><b>Enforce robust security practices</b> by implementing audits, fuzzing, invariant testing, and incident playbooks with 100% patching of high-severity issues within industry timelines</li><li><b>Collaborate with Trading &amp; Risk Engineering</b> to integrate market data, liquidity signals, and execution systems into DeFi flows, enabling safe automation of critical operations</li><li><b>Own end-to-end lifecycle</b> of DeFi products from whitepaper/spec to contract implementation, deployment, monitoring, and upgrades while maintaining 99.9% uptime for critical contracts</li><li><b>Drive innovation</b> in stablecoin infrastructure by delivering new products in partnership with external stakeholders</li><li><b>Mentor junior and senior engineers</b>, raising the teams DeFi depth and execution velocity while documenting learnings and establishing reusable frameworks</li></ul><h3>What Were Looking For</h3><ul><li><b>DeFi Protocol Expertise:</b> Deep knowledge of smart contract patterns, staking, AMMs, stablecoins, bridges, governance, and liquidation mechanics</li><li><b>EVM Smart Contract Development:</b> Proficiency in Solidity and EVM patterns with experience in advanced tools (Foundry, Tenderly, Slither, Echidna)</li><li><b>Solana Smart Contract Development:</b> Proficiency in Rust and Solana patterns with experience in advanced tools (Anchor, SPL)</li><li><b>System Design &amp; Architecture:</b> Ability to design scalable, gas-efficient, and upgradeable DeFi systems that balance modularity with reliability</li><li><b>Security-First Engineering:</b> Experience anticipating vulnerabilities and applying formal verification, audits, fuzzing, and invariant testing</li><li><b>Cross-Chain Infrastructure:</b> Practical experience with messaging protocols (LayerZero, Axelar, native bridges), paymasters, and multi-chain state sync</li></ul><div><b><span>Why Ethena Labs?</span></b></div><div><br /></div><div><span>Youd be joining a group that has well established itself as one of the most successful crypto-native companys of all time, a group with a mission to revolutionise decentralised finance and its position in global finance.</span></div><div><br /></div><div><span>Work alongside a passionate and innovative team that values collaboration and creativity.</span></div><div><span>Enjoy a flexible, remote-friendly work environment with established opportunities for personal growth and learning.</span></div><div><br /></div><div><span>If you subscribe to the mission of separating the dollar from the state, then we want to hear from you!</span></div><div><br /></div><div><span>We look forward to receiving your application and will be in touch after having a chance to review. </span></div><div><br /></div><div><b>In the meantime, here are some links to more information about Ethena Labs to help you check us out:</b></div><div><a href="https://www.ethena.fi/"><b><span>Website</span></b></a></div><div><a href="https://twitter.com/ethena_labs?s=21&amp;t=axGgKq-f7xtb_IGY1vq9gA"><b><span>Twitter/X</span></b></a></div><div><a href="https://www.linkedin.com/company/ethena-labs"><b><span>LinkedIn</span></b></a></div>