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Ethena
Strategic Funding Round

Past 16 Feb, 24 - 17 Feb, 24

Ethena Labs is a derivatives infrastructure, pioneering the world’s first crypto-native yield and fully on-chain, banking system-independent form of money - the USDe stablecoin. It offers users the opportunity to contribute Ethereum’s LSTs to the Ethena yield in exchange for APR rewards and USDe tokens, which can also be staked or used in DeFi protocols to earn additional APR.

The entire Ethena’s ecosystem is powered by its native Ethena token, which primarily grants access to DAO voting within the platform.

On February 16th, the company hosted a Strategic funding round, securing over $14M at $300M valuation from Dragonfly, Maelstrom, Hashed, and some other funds.

CoinLaunch Score: Last update:
Very High 04 Apr, 24

Ethena - Strategic Funding Round  Overview

start date: 16 Feb, 24
end date: 17 Feb, 24
price: N/A
Raise: $14M
Min. Buy: N/A
Max. Buy: N/A
tokens for sale: N/A
Industry: Stablecoin
Total Token Issued: N/A
Lock-up:

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

Ethena - Strategic Funding Round  Round Result

Raise: $14M
Round FDV: $0
Total Raise: $20.5M
Tokenomics FDV: $10.5B
Round Weight:
68.29%
Current FDV:
$3.52B %

Ethena - Strategic Funding Round  Current Token Data

Round Price: N/A
Market Cap:
$2.37B
Current Price: $0.23436 (03 Oct)
Current Round ROI: N/A
ATH Round ROI: N/A
ATH ROI: N/A
ATH Price: $1.52 (11 Apr, 24)
From ATH: 84.58%
ATL Price: $0.070228 (30 Jun)
From ATL: 233.71%
Average Listing Price
(24h, close-based):
$0.719996  (02 Apr, 24)
From Current Price: 67.45%
Average Round ROI on Listing: x
More about Ethena

Ethena - Strategic Funding Round Funds and Backers

Submit
Fund Score Type Retail ROI Numbers of investments
Very High1.23x37
Very High3.03x15
N/A0.33x12
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