Ethena Labs

aid: ethena-labs
name: Ethena Labs
description: 'Ethena Labs is the crypto-native protocol behind USDe, a synthetic dollar backed by spot crypto assets, onchain
  custody, and delta-neutral hedging positions on centralized liquidity venues, alongside the staked savings instrument sUSDe
  (the "Internet Bond"), the governance token ENA, and USDtb. Ethena exposes a public Minting API for whitelisted institutional
  participants to mint and redeem USDe: a request-for-quote (RFQ) flow returns firm 15-minute quotes that are signed with
  EIP-712 (or EIP-1271 for smart-contract wallets) and submitted onchain. This profile was surfaced as a portfolio company
  of Ribbit Capital and enriched with the real developer surface documented at docs.ethena.fi.'
url: https://raw.githubusercontent.com/api-evangelist/ethena-labs/refs/heads/main/apis.yml
x-type: company
x-source: vc-portfolio
x-backed-by:
- ribbit-capital
x-tier: stub
x-tier-reason: portfolio-lead
deliveryModel:
  model: saas
  open_source: false
  commercial: true
  callable_host: false
  label: Hosted service · you call their endpoint
  confidence: medium
  source:
  - pricing
  generated: '2026-08-28'
  method: derived
accessModel:
  pricing: unknown
  onboarding: unknown
  trial: false
  try_now: false
  public: false
  label: Unknown
  confidence: low
  source:
  - authentication
  generated: '2026-07-22'
  method: derived
specificationVersion: '0.23'
created: '2026-07-17'
modified: '2026-07-19'
image: https://ethena.fi/shared/ethena-logo.svg
tags:
- Company
- Crypto
- Stablecoin
- DeFi
- Synthetic Dollar
- Minting
- Blockchain
- Ethereum
tags_raw:
- Company
- Crypto
- Stablecoin
- DeFi
- Synthetic Dollar
- Minting
- Blockchain
- Ethereum
apis:
- name: Ethena Minting API
  description: Public request-for-quote (RFQ) minting and redemption API for USDe. Whitelisted participants check asset availability,
    request a firm 15-minute quote, fetch the fee schedule, sign the order with EIP-712 / EIP-1271, submit it onchain, and
    poll for order confirmation. Access is gated by IP whitelisting and onchain wallet-address whitelisting.
  humanURL: https://docs.ethena.fi/api-documentation/overview
  baseURL: https://public.api.ethena.fi
  tags:
  - Minting
  - Redemption
  - RFQ
  - Stablecoin
  tags_raw:
  - Minting
  - Redemption
  - RFQ
  - Stablecoin
  properties:
  - type: Documentation
    url: https://docs.ethena.fi/api-documentation/overview
  - type: InteractiveDocumentation
    url: https://public.api.ethena.fi/docs/
  - type: Authentication
    url: authentication/ethena-labs-authentication.yml
  - type: ErrorCatalog
    url: errors/ethena-labs-error-codes.yml
  - type: Conventions
    url: conventions/ethena-labs-conventions.yml
  - type: Idempotency
    url: conventions/ethena-labs-conventions.yml
  - type: MCPServer
    url: mcp/ethena-labs-mcp.yml
maintainers:
- FN: Kin Lane
  email: kin@apievangelist.com
- FN: APIs.json
  email: info@apis.io
common:
- type: Website
  url: https://ethena.fi
- type: DeveloperPortal
  url: https://docs.ethena.fi
- type: Documentation
  url: https://docs.ethena.fi/api-documentation/overview
- type: APIReference
  url: https://public.api.ethena.fi/docs/
- type: GettingStarted
  url: https://docs.ethena.fi/technical-design/minting-usde
- type: GitHubOrganization
  url: https://github.com/ethena-labs
- type: StatusPage
  url: https://status.ethena.fi/
- type: TermsOfService
  url: https://docs.ethena.fi/resources/usde-mint-user-agreement
- type: TrustCenter
  url: https://docs.ethena.fi/resources/audits
- type: Support
  url: https://docs.ethena.fi
- type: LLMsTxt
  url: llms/ethena-labs-llms.txt
- type: Packages
  url: packages/ethena-labs-packages.yml
- type: SDKs
  url: packages/ethena-labs-packages.yml
- type: Authentication
  url: authentication/ethena-labs-authentication.yml
- type: ErrorCatalog
  url: errors/ethena-labs-error-codes.yml
- type: Conventions
  url: conventions/ethena-labs-conventions.yml
- type: Idempotency
  url: conventions/ethena-labs-conventions.yml
- type: Lifecycle
  url: lifecycle/ethena-labs-lifecycle.yml
- type: Deprecation
  url: lifecycle/ethena-labs-lifecycle.yml
- type: ChangeLog
  url: changelog/ethena-labs-changelog.yml
- type: Conformance
  url: conformance/ethena-labs-conformance.yml
- type: VulnerabilityDisclosure
  url: security/ethena-labs-vulnerability-disclosure.yml
- type: Security
  url: security/ethena-labs-vulnerability-disclosure.yml
- type: DomainSecurity
  url: security/ethena-labs-domain-security.yml
- type: MCPServer
  url: mcp/ethena-labs-mcp.yml
x-enrichment:
  date: '2026-07-19'
  status: backfilled
  pass: local-v1
  note: backfilled from .gitignore signal + verified work evidence