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Senior Backend Engineer
Ethena Labs
Software Engineering
Remote
Posted on Sep 2, 2025
Who We Are and What We are Doing:
Ethena Labs is actively building and deploying a suite of groundbreaking digital dollar products aiming to upgrade money into the internet era.
Our flagship product, USDe, is a synthetic dollar backed by digital assets, and takes the novel approach of using a delta-neutral hedged basis strategy to maintain its peg. This product scaled from zero to $15b in 18 months.
Expanding on this, iUSDe is designed specifically for traditional financial institutions, incorporating necessary compliance features to enable them to access the crypto-native rewards our protocol generates, in an institutional-friendly manner.
Ethena has also developed USDtb: a fiat backed GENIUS compliant stablecoin in partnership with BlackRock which has scaled to ~$2b.
These products are also offered in a whitelabel stablecoin offering where any application, chain, wallet or exchange can launch their own stablecoin on Ethena's back-end infrastructure.
Through these offerings, Ethena Labs is not just creating new financial products; we are building the foundational infrastructure for a more open, efficient, and interconnected global financial system.
Open job offerings will be focused on two new major product lines coming to market in the next few months.
Join us!!
Location: European or Asian Time Zone
The Role
As a Senior Engineer you’ll contribute to the design, development, and scaling of our core products and engineering systems. You’ll play a key role on our Product Engineering team, covering all user-facing systems for hundreds of thousands of users. The role has a strong emphasis on backend architecture and integrations. You will be responsible for enhancing the reliability, performance, and maintainability of our services, including points programs, mint/redeem APIs, security systems, websites, databases, and internal dashboards. By leading key automation and resiliency efforts, you will help us meet our OKRs, reduce bottlenecks, and free up leadership to focus on strategic initiatives and new product research.
What You’ll Do
- Strengthen our backend infrastructure and scalability by refactoring and optimizing existing Python-based systems.
- Develop and maintain robust, secure, and well-documented APIs for asset minting/redeeming and other core functions.
- Handle a continuous flow of new integration requests, automating where possible to streamline the process.
- Improve system reliability and security through automated failover, robust error handling, and implementing security features.
- Collaborate closely with the other members of the product engineering team to deliver new features efficiently and on time.
- Mentor fellow engineers on backend best practices, including scalable architecture and database management.
- Drive engineering excellence and automation by establishing modern development processes, including CI/CD pipelines and automated testing.
- Contribute to ongoing system audits and post-mortems to ensure the platform is future-proofed against growing user and transaction volumes.
What We’re Looking For
- Deep knowledge of backend development, including building scalable APIs, data pipelines, and integrations. We are Python heavy
- Experience in API development (e.g., REST/GraphQL) with a focus on security, reliability, and ease of extension.
- Proficiency in database design and optimisation (SQL/NoSQL) for high-performance environments.
- An understanding of DevOps and infrastructure (AWS/GCP, Docker/Kubernetes, CI/CD).
- Experience scaling systems to handle increasing loads, including latency reduction and resource optimization.
- A proactive and curious problem-solver who can adapt to a fast-paced environment and make data-driven decisions.
- Strong collaboration and mentorship skills.
- If not already having an understanding of crypto-native concepts (e.g., asset minting/redeeming, airdrop systems), a desire and willingness to learn it quickly.
Why Ethena Labs?
You'd be joining a group that has well established itself as one of the most successful crypto-native company's of all time, a group with a mission to revolutionise decentralised finance and it's position in global finance.
Work alongside a passionate and innovative team that values collaboration and creativity.
Enjoy a flexible, remote-friendly work environment with established opportunities for personal growth and learning.
If you subscribe to the mission of separating the dollar from the state, then we want to hear from you!
We look forward to receiving your application and will be in touch after having a chance to review.
In the meantime, here are some links to more information about Ethena Labs to help you check us out: