Senior Backend Engineer, Ethena
$127.3-190.9k
Infrastructure unlocking Ethereum's potential
Be an early applicant
Infrastructure unlocking Ethereum's potential
1-20 employees
Be an early applicant
$127.3-190.9k
1-20 employees
Company mission
To provide access to trustless, globally accessible, and secure money and savings.
Role
Who you are
- 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
What the job involves
- 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
- 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
Our take
Ethena aims to provide accessible and permissionless dollar-denominated savings instruments to individuals beyond the United States. This begins with creating a US dollar stablecoin that operates independently of traditional financial systems, offering full collateralization and transparency.
Alongside this stablecoin, Ethena is crafting the world's first digitally native savings bond. Unlike traditional bonds tied to centralized banks, this bond token will provide an alternative savings platform for users worldwide.
This ambitious vision has attracted significant investment which will help the company propel its market presence. As Ethena strives to provide a decentralized and capital-efficient solution, it is poised to redefine the landscape of DeFi, offering a promising alternative to traditional banking systems for users globally.
Steph
Company Specialist at Welcome to the Jungle
Company
Funding (last 2 of 3 rounds)
Mar 2025
$16m
EARLY VC
Feb 2024
$14m
EARLY VC
Total funding: $36m
Company HQ
Pena, Lisbon, Lisbon
Leadership
Guy Young
(Founder)Founded Ethena in early 2023. Previously worked in Investing at Cerberus Capital Management.
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