Issuer Profile·BVI FSC
Ethena Labs
Ethena Labs issues USDe, a delta-neutral synthetic dollar backed by staked ETH and offsetting short perpetual positions.
ethena.fi ↗Aggregate trust score
50/ 100
Weighted by outstanding supplyInstruments1
OCB — 01·Coverage
1 instrument under coverage
InstrumentClassScoreBandSupplyTrace
OCB — 02·Score history
29 readingsEthena Labs — aggregate trust rating, 90 days
Ethena Labs — Aggregate Trust Rating
Weighted-average composite score (0–100)
Ethena Labs aggregate trust rating is 50 as of Jul 7, 2026, weighted by outstanding supply across 1 instruments.
Source: OCB Trust Ratings · Ethena Labs · onchainbenchmark.comUpdated daily
OCB — 03·Issuer metadata
Regulatory standing and governance
- Regulatory jurisdiction
- BVI FSC
- Registration ID
- Ethena Labs (BVI Limited)
- Last audit
- April 30, 2026
- Legal structure
- BVI Limited
- Change control
- multi-signer
- Homepage
- https://ethena.fi ↗
Methodology
Each instrument under Ethena Labsis scored independently across four dimensions — Disclosure Quality, Redemption Liquidity, Structural Trust, and Holder Concentration — contributing up to 25 points each. The aggregate score shown here is weighted by each instrument's outstanding supply in USD.
Read the full methodology →