E
RWA Job

Staff/Senior Trading Technology Engineer

Ethena
Posted 2mo ago

Role at a glance

Level
Lead / Principal
Function
Engineering

Apply directly on Ethena’s site. RWA Signal does not collect applications.

About this role

About the role (from employer)

The Role

Ethena has quickly established itself as the fastest growing and most innovative financial product utilising digital asset technology to date. The Trading Technology team is 3 exceptional engineers from the highest quality trading environments. Joining them you share in the full responsible for the overall strategy, development, and maintenance of Ethena’s trading platform. Which sits at the heart of, and powers, its flagship products: USDe & sUSDe.

The role reports to the Team Lead. Our focus is on high-quality engineering, resilient system design, development-velocity, and delivering best-in-class execution capabilities.

What You’ll Do

  • Contribute to Building a Greenfield, Best-in-Class, Next-Gen Trading Platform: Own large elements of designing and implementing a robust trading platform that ensures efficient execution of large trade sizes with minimal slippage.

  • Develop Market Data and Execution Capabilities: Build high-performance market data pipelines and ensure seamless integration with multiple trading venues (REST/WS, FIX, and other protocols).

  • Own Delivery of New Product and Feature Development: Collaborate with quant and trading teams to develop and implement new trading strategies and execution logic.

  • Foster Software Excellence: Apply modern software development best practices, such as TDD, BDD, test automation, CI/CD pipelines, and SOLID principles.

  • Optimize for Performance and Resilience: Design fault-tolerant architectures with failover mechanisms to ensure high availability and reliability.

What We’re Looking For

  • Extensive Experience in Trading Systems Development: Track record of building and supporting trading infrastructure from the ground up, including market data feed handlers, algo engines, backtesting frameworks, and execution platforms.

  • Strong Software Engineering Fundamentals: Expertise in modern development practices (TDD, BDD, CI/CD, SOLID), how to write modular, clean, code, and resilient system design.

  • Deep Understanding of Financial Markets: Strong knowledge of trading mechanisms, security protocols, and infrastructure management across multiple venues.

  • Experience with Crypto Trading Venues and Derivatives: Hands-on experience working with centralized crypto exchanges (CEXs) and trading instruments such as perpetual swaps and deliverable futures.

  • Multi-Venue Trading Experience: Understanding of order routing, trade reconciliation, and execution quality optimization across multiple trading venues.

  • High-Performance System Design: Expertise in optimizing for system performance, ensuring low-latency execution, high throughput, and execution quality.

  • Excellent Problem-Solving Skills: Strong ability to break down complex challenges into actionable solutions and make strategic technical decisions.

  • Passion for Testing and Automation: Strong advocate for TDD, BDD, and test automation with hands-on experience in unit, integration, regression, performance, and end-to-end testing.

Source & provenanceThis job is published by Ethena on their own careers site (27 July 2026) and aggregated by RWA Signal.View original posting

Ethena in the news

Company profile →
StablecoinX shares go tokenized on Binance’s bStocks platform
Stocks

StablecoinX shares go tokenized on Binance’s bStocks platform

StablecoinX Inc., a Nasdaq-listed company focused on Ethena ecosystem infrastructure, has launched its shares as a tokenized security on the bStocks platform. Trading under the ticker USDE, these tokenized shares allow for 24/7 trading against crypto pairs like USDT, bypassing traditional market hours. The company, which completed a de-SPAC merger with TLGY Acquisition Corp. in June 2026, holds approximately 3 billion ENA tokens and operates a decentralized verifier node that has processed $3 billion in volume. Ethena has further integrated bStocks into its strategy to support the USDe stablecoin through delta-neutral equity basis trades. While this integration expands access and liquidity, it introduces potential risks regarding price alignment between Nasdaq and the tokenized market. Furthermore, the circular relationship between StablecoinX, Ethena, and the bStocks platform creates complex interdependencies. Investors must consider that the underlying value of StablecoinX remains heavily tied to the volatility of the ENA token. This development highlights the growing trend of bridging traditional equity markets with crypto-native trading infrastructure.

#TokenizedEquities#Ethena#bStocks
cryptobriefing.com·Oct 7, 20267.5
SpaceX Tokenized BStocks Rises, Price Nears $150
Stocks

SpaceX Tokenized BStocks Rises, Price Nears $150

The price of SpaceX Tokenized bStocks (SPCXB) rose 0.70% to reach $149.54, supported by a 10% increase in 24-hour trading volume and approximately $12 million in transaction value. This modest appreciation is largely attributed to a sector-wide narrative boost rather than specific developments within SpaceX itself. The primary catalyst for this movement was Ethena's announcement on September 27 regarding the expansion of its USDe stablecoin collateral to include tokenized U.S. equities via Binance’s bStocks. This strategic pivot by a major DeFi protocol has catalyzed broader interest in tokenized equity products, creating a rising tide effect across the RWA sector. While the price action remains sentiment-driven, it highlights the increasing utility and institutional focus on integrating traditional equities into decentralized finance frameworks. Analysts note that the asset is currently consolidating near the $150 level, with future momentum dependent on broader market sentiment and volume confirmation. This trend underscores the growing interconnectedness between DeFi protocols and tokenized traditional assets, signaling a shift in how capital rotates into RWA narratives.

#RWA#TokenizedEquities#DeFi
dmarketforces.com·Sep 30, 20265.5
Ethena Expands USDe Basis Strategy Into Tokenized Stocks With Binance
Active Strategies

Ethena Expands USDe Basis Strategy Into Tokenized Stocks With Binance

Ethena has officially expanded its USDe delta-neutral basis-trade strategy to include tokenized equities, marking a significant shift in its collateral management approach. By partnering with Binance, Ethena now utilizes tokenized spot stocks as collateral while hedging exposure through USDT-denominated equity perpetuals. This mechanism allows the protocol to capture funding-rate yields from equity markets, which have historically averaged over 11% annualized. The integration aims to diversify USDe's backing beyond crypto-native assets, tapping into a global equity market estimated at over $150 trillion. Binance further supports this initiative by providing Ethena’s accounts with lower auto-deleveraging priority to mitigate forced position closures during volatility. This development is framed by founder Guy Young as the most significant expansion of the protocol's funding mechanism since its inception. By decoupling yield generation from purely crypto-correlated assets, Ethena seeks to enhance the stability and scalability of its stablecoin. This move signals a broader trend of integrating traditional financial instruments into decentralized finance yield strategies.

#TokenizedStocks#Ethena#Binance
Blockonomi·Sep 25, 20267.5
All articles about Ethena
Apply on employer site