Execution Trader
Ethena LabsUnited States •
Posted October 17, 2025
Full Time
About the Company
Ethena Labs is a crypto-native financial protocol built on Ethereum, offering USDe, a synthetic dollar pegged to traditional currencies through delta-hedging with collateral assets. The company also introduces the 'Internet Bond,' a globally accessible rewards instrument powered by revenue from staked assets and market spreads, providing a unique solution for decentralized finance that operates independently of traditional banking systems.
Job Description
Ethena Labs is a DeFi company building products for modern finance, focusing on crypto-native solutions like USDe and sUSDe. They are seeking a highly skilled Execution Trader to manage the operations, trading, and positioning of USDe's backing assets, including collateral and automation. The role is critical for driving Ethena's products and serving as a core component of their trading team.
Requirements
- Portfolio Management activity related to USDe backing assets
- Execution of trades using proprietary algorithms and crypto exchange APIs
- Collaborate with peers on trading coverage
- Monitor market risks and adjust positions
- Regular updates to the Head Trader
Benefits
- Flexible, remote-friendly work environment
- Opportunities for growth and learning
- Collaborative and innovative team
