Ethena Completes SOC 2 Type II Audit with Unqualified Opinion

The synthetic dollar protocol Ethena has completed a SOC 2 Type II audit based on the Security Trust Services Criteria, receiving an unqualified opinion from an independent auditor with zero exceptions. SOC 2 is a widely recognized standard for enterprise-level operational security assurance, covering areas such as access control, change management, monitoring, and incident response. Unlike the Type I report, Type II assesses the effective operation of controls over a period of time. This audit encompasses the infrastructure and processes supporting Ethena's products, supplementing the smart contract audit and security review. Ethena stated that it will continue to maintain SOC 2 coverage, with the complete report available to partners under NDA. Ethena joins the list of on-chain companies that have completed SOC 2 Type II audits, including Circle, Chainlink, and Aave.