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Ethena LabsEL

Head of Platform Engineering

Ethena Labs is a synthetic dollar protocol built on Ethereum, providing a crypto-native, yield-bearing stablecoin (USDe) and a globally accessible savings instrument, the 'Internet Bond', independent of traditional banking infrastructure.

Ethena Labs

Employee count: 11-50

Portugal only

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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!!

The Role

As the Head of Platform Engineering, you’ll spearhead the evolution of our scalable, secure, and high-performing platform, driving the infrastructure that fuels our fast-paced startup. Reporting directly to the CTO, you’ll lead a lean team of 1-2 Senior/Intermediate DevOps Engineers and take full ownership of our platform strategy, ensuring it aligns with business objectives and empowers engineering teams.
You’ll remain hands-on, contributing as a staff/principal-level engineer to write code, design architecture, and solve complex technical challenges. You’ll collaborate closely with engineering leads and senior peers across the company to advance strategic priorities, enable business growth, and deliver measurable value. Your mission is to advance our infrastructure, proactively eliminate bottlenecks, and cultivate a world-class DevOps culture

What You’ll Do

  • Champion Infrastructure Reliability: Conduct gap analyses to strengthen infrastructure, maintain exceptional uptime for critical systems (e.g., APIs, databases), and enhance monitoring systems (e.g., Prometheus, Datadog) to ensure rapid incident detection and resolution.
  • Lead Strategic Initiatives: Own high-priority infrastructure projects, defining clear roadmaps and fostering accountability to deliver outcomes that drive business success and enable company growth.
  • Shape Platform Strategy: Develop and execute a forward-thinking infrastructure strategy, leveraging tools like Terraform and Kubernetes to optimize deployments, streamline operations, and support business expansion.
  • Hands-On Technical Leadership: Actively contribute as a staff/principal-level engineer, writing high-quality code, designing robust architectures, and solving complex technical problems to set a high standard for the team.
  • Build a High-Performing Team: Mentor and develop your team, recruit top talent, and foster a culture of collaboration, technical excellence, and continuous improvement, guided by meaningful performance metrics.
  • Drive Security and Compliance: Implement robust security practices (e.g., zero-trust models, DevSecOps) and ensure compliance with standards like SOC 2 and GDPR, maintaining a secure and compliant platform that supports business trust and growth.
  • Enhance Developer Experience: Optimize deployment pipelines to support frequent, reliable production releases and empower developers with self-service tools and standardized environments to maximize productivity and accelerate feature delivery.
  • Promote Cost Efficiency: Implement FinOps practices and tools like AWS Cost Explorer to optimize resource allocation, balancing cost, performance, and scalability, particularly during peak crypto transaction volumes, to support financial growth.
  • Strengthen Incident Management: Enhance incident response and recovery processes, ensuring robust disaster recovery and business continuity plans for seamless operations and business reliability.
  • Collaborate for Impact: Partner with engineering leads and senior peers to align platform initiatives with company priorities, driving innovation, enabling new business opportunities, and adding measurable value to fuel growth.

What We’re Looking For

  • Technical Mastery: Extensive experience in platform engineering, with hands-on expertise in cloud infrastructure (AWS, GCP), Infrastructure-as-Code (Terraform), container orchestration (Kubernetes), and monitoring systems (Prometheus, Datadog). You’re comfortable contributing technically while leading the team.
  • Proactive Leadership: A proven ability to identify and resolve infrastructure gaps independently, anticipate challenges, and drive impactful improvements with ownership and urgency.
  • Project Execution: A track record of delivering complex, high-stakes infrastructure projects on time, with strong prioritization, accountability, and cross-functional collaboration skills.
  • Strategic Vision: The ability to craft and execute long-term platform strategies that align with business goals, enabling scalable growth, reducing technical debt, and adding value to the organization.
  • Team Building Excellence: Experience mentoring and scaling high-performing DevOps teams, fostering a culture of collaboration, technical growth, and continuous improvement.
  • Communication Prowess: Exceptional ability to articulate complex technical concepts to non-technical stakeholders, align teams around shared goals, and drive consensus across engineering and product groups.
  • Domain Expertise: Experience in the cryptocurrency and centralized exchange (CEX) trading space, with a proven track record of building highly available, resilient services and architectures using tools like Kubernetes to support low-latency, high-throughput systems. Experience with trading systems is a bonus.
  • Collaborative Impact: Proven ability to partner with engineering leads and senior peers to align platform initiatives with company priorities, driving innovation, enabling new business opportunities, and delivering measurable value to support growth.
  • Startup Mindset: Thrives in a fast-paced, resource-constrained environment, with a bias for action, adaptability, and a relentless focus on delivering measurable outcomes.
This is a high-impact role for a leader ready to take full ownership of our platform, shape its future, and build a legacy of engineering excellence. If you’re excited to lead transformative initiatives, empower teams, and drive innovation in a crypto-focused startup while collaborating to advance company-wide goals, we want to hear from you.

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:

About the job

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Job type

Full Time

Experience level

Director
Executive

Location requirements

Hiring timezones

Portugal +/- 0 hours

About Ethena Labs

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The genesis of Ethena Labs can be traced back to a compelling vision articulated by Arthur Hayes in his essay 'Dust on Crust', which imagined a truly decentralized, crypto-native stablecoin. This idea struck a chord with Guy Young, a professional with nearly a decade of experience in the upper echelons of traditional finance at firms like Cerberus Capital Management. Inspired by the potential to build a financial instrument free from the constraints of legacy banking infrastructure, Young founded Ethena Labs in 2023. The mission was clear and ambitious: to create the internet's own currency and a globally accessible savings vehicle, addressing what he saw as the most significant and immediate need within the crypto space.

Ethena emerged from stealth mode in July 2023, backed by a formidable $6 million seed round led by Dragonfly and supported by industry heavyweights like Arthur Hayes himself, alongside major exchanges such as Bybit, OKX, and Gemini. This initial funding was a powerful endorsement of their innovative approach. The company's core innovation is USDe, a 'synthetic dollar' that maintains its stability not by holding fiat currency in a bank, but through a sophisticated delta-hedging strategy. The protocol uses assets like staked Ethereum and Bitcoin as collateral while simultaneously holding short perpetual futures positions against them. This mechanism effectively neutralizes price volatility, creating a stable, scalable, and censorship-resistant digital dollar. Building on this foundation, Ethena introduced the 'Internet Bond' via sUSDe (staked USDe), which allows holders to earn a yield generated from the staked assets and the funding spread from the derivatives positions, creating a powerful, permissionless savings alternative for a global audience.

Employee benefits

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Flexible working hours

As a globally remote company, Ethena offers a diverse and inclusive workforce without the constraints of geographical boundaries.

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