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Associate General Counsel

Ethena Labs

Ethena Labs

Posted on Friday, May 10, 2024
Who We Are:
Ethena Labs is building the first ETH based yield-bearing synthetic dollar. Arthur Hayes is a founding advisor and the team has deep experience across traditional finance and crypto engineering from firms such as Cerberus, Wintermute, Flow Traders, Deribit, Paradigm, Aave, Blockdaemon and Kaiko. We are backed by every major exchange and trading entities in the space.
What we are Doing:
We are building derivative infrastructure to enable Ethereum to transform into the Internet Bond via delta-neutral derivatives positions, to create the first crypto-native, yield bearing synthetic dollar: sUSDe.
We believe creating a synthetic dollar which is not reliant on existing banking infrastructure is the single most important problem to solve and largest opportunity in crypto today.
USDe will form the first part of a broader ecosystem of products we are building including fixed and floating rate internet bonds and composable repo leveraged markets.
Join us!!
The Team:
Ethena Labs is currently comprised of 18 people, 10 of which are engineers with the remainder Growth, Ops, Data & Research, along with the legal team. Collectively our DNA, so far, is a strong mix of high performing Web3 and Tradfi experience including, Wintermute, Paradigm, Capital One, Flowtraders, Bebop, CMC, Kaiko and more. The team is geographically distributed but connects multiple times weekly as a broader group and daily at team and functional levels.
As an early joiner to the legal team, the role will have great impact, responsibility, autonomy and visibility.

Who We are Looking For:

  • An exceptional lawyer with experience in coordinating complex transactional and operational structures across jurisdictions
  • A person who is excited by the opportunity to join an innovative product driven environment for a nascent space with globally evolving regulatory frameworks
  • Someone well positioned to thrive in a small team, set in a fast paced environment.
  • Motivated and driven to learn new concepts, explore the less determinable or defined and lead in this overlap between frontier technology and financial concepts using creative solutions


  • Work across the teams (Growth, Product, Engineering, Operations, and more) to provide day-to-day legal, business, and strategic advice regarding the legal and regulatory requirements
  • Assist in designing, assessing, and implementing compliance and risk management processes and controls
  • Providing support in monitoring and advising the business on emerging legal and regulatory changes, risks and opportunities, including licensing and other requirements
  • Working with outside counsel as appropriate
  • Responsibility for drafting, amending and maintaining multi-regional documentation including commercial contracts, including service provider agreements, licenses, technology agreements, consultancy agreements and marketing agreements
  • Establish and continue to build strong relationships with affiliates and other ecosystem stakeholders for effective commercial & product success


  • 4+ years of experience as a fully qualified attorney admitted to practice in Europe, the United Kingdom, Asia, or the United States
  • Knowledge of Digital Assets/Crypto industry, as well as typical structures and transactional aspects unique to the industry, preferred
  • Hands-on experience in technology or financial services law and regulation
  • Experience advising on cross-border structuring and operational flows preferred
  • Experience advising on various commercial law matters and coordinating across jurisdictions, including commercial contract negotiations, drafting and reviewing
  • Familiar with performing multiple tasks in a fast-paced work environment.
  • Fluent English, both written and spoken
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: