Ethena Labs is developing the first Ethereum-based yield-bearing synthetic dollar, known as sUSDe. The team, which includes experts from traditional finance and crypto domains, aims to create a transformative derivative infrastructure that can facilitate Ethereum's evolution into a bond market, enabling delta-neutral derivatives positions. By providing a synthetic dollar that operates independently from traditional banking systems, Ethena Labs seeks to address critical challenges within the cryptocurrency space and capitalize on significant opportunities for innovation. The company is building a broader ecosystem of products, including internet bonds and flexible repo markets. Ethena Labs values collaboration, learning, and a mission-driven approach to redefining digital assets and their relationship with fiat currencies. Whether you are interested in engineering, quantitative roles, or trading, Ethena Labs invites individuals motivated by the intersection of technology and financial concepts to join their mission.