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Seed Funding Round

Past 19 Jul - 20 Jul

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
end date: 20 Jul
price: N/A
tokens for sale: N/A
Raise: $6,500,000
Min. Buy: N/A
Max. Buy: N/A
Industry: Stablecoin

 1 year 25% cliff, with 3 year linear monthly vesting thereafter

More about Ethena
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