Ethena is a developer of the synthetic stablecoin USDe founded in 2023 by Guy Young.

Ethena has been built to address the largest and most obvious immediate need within crypto. DeFi aims to create a parallel financial system
Ethena Labs is a decentralized stablecoin protocol built on Ethereum that will provide a crypto-native solution for money not reliant on traditional banking system infrastructure, alongside a globally accessible and permissionless dollar denominated savings instrument - the 'Internet Bond'.
September 25, 2023

Developer of the synthetic stablecoin USDe.
