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Ethena
Seed Funding Round
Past
19 Jul - 20 Jul 2023
Ethena is building the world's first crypto-native yield and on-chain, completely censorship-resistant form of money - the stablecoin USDe. To back its USDe stablecoin and provide liquidity providers in Ethena yield with APR rewards, it implements highly complex derivatives delta hedging strategies.
During its Seed funding round, the company managed to attract significant attention from the crypto community, top-tier funds, and investors including Arthur Hayes, Dragonfly Capital, Delphi Digital, and others, having raised over $6.5M.
CoinLaunch Score:
Last update:
Very High
01 Apr 2024
Ethena - Seed Funding Round Overview
start date:
19 Jul 2023
end date:
20 Jul 2023
price:
N/A
tokens for sale:
N/A
Raise:
$6,500,000
Min. Buy:
N/A
Max. Buy:
N/A
Industry:
Stablecoin
Lock-up:
1 year 25% cliff, with 3 year linear monthly vesting thereafter
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