{"id":"eugene-shen","title":"Eugene Shen","content":"**Eugene Shen** was the Chief Technical Officer (CTO) at [Plume Network](https://iq.wiki/wiki/plume), a modular [RWA (Real World Asset)](https://iq.wiki/wiki/real-world-assets-rwas) chain focused on asset tokenization and [blockchain](https://iq.wiki/wiki/blockchain) integration. [\\[1\\]](#cite-id-qfRW2thlzW) [\\[3\\]](#cite-id-azpS0zRjOo)​\n\n## Education\n\nShen graduated from the University of British Columbia with a Bachelor of Applied Science in Engineering Physics. [\\[2\\]](#cite-id-48kpueOHis)​\n\n## Career\n\nShen began his software engineering career at Robinhood in 2020, working on infrastructure and product features during rapid platform growth. His time there gave him experience scaling consumer-facing fintech applications in a regulated environment.\n\nIn early 2022, Shen joined dYdX as a senior software engineer. At dYdX, he contributed to developing decentralized derivatives trading infrastructure, worked on high-performance [blockchain](https://iq.wiki/wiki/blockchain) systems, and developed [smart contract](https://iq.wiki/wiki/smart-contract) systems. His work at dYdX further immersed him in the technical challenges of [DeFi](https://iq.wiki/wiki/defi).\n\nFollowing this, Shen moved to Beluga in 2023, where he focused on engineering efforts tied to product development in the [crypto](https://iq.wiki/wiki/cryptocurrency) space. His contributions spanned backend systems and [blockchain](https://iq.wiki/wiki/blockchain) integrations, helping Beluga navigate the complexities of [Web3](https://iq.wiki/wiki/web3) infrastructure.\n\nIn 2024, Shen co-founded [Plume Network](https://iq.wiki/wiki/plume) and took on the role of CTO and played part in the release of [Plume USD](https://iq.wiki/wiki/plume-usd). Based in the New York City area, he led all technical aspects of the project, leveraging his experience across fintech, [DeFi](https://iq.wiki/wiki/defi), and decentralized systems to build infrastructure that brings [real-world assets](https://iq.wiki/wiki/real-world-assets-rwas) on-chain. [\\[1\\]](#cite-id-qfRW2thlzW) [\\[2\\]](#cite-id-48kpueOHis)​\n\n## Eugene Shen Passes Away\n\nOn May 29, 2025, [Plume Network](https://iq.wiki/wiki/plume) announced the passing of its co-founder and Chief Technology Officer, Eugene Shen.\n\nThe announcement, made via the network's official X account, did not disclose the cause of death but indicated that it was sudden. The team expressed their condolences, stating;\n\n> \"We’re in shock. Eugene was brilliant, deeply curious, and brought so much talent and heart to everything he did. Our thoughts are with his family and loved ones.\" [\\[4\\]](#cite-id-AGP48NERpc)\n\nShen played a pivotal role in shaping Plume Network.Under his technical leadership, the network achieved significant milestones, including raising $30 million in funding and onboarding over 180 projects to its ecosystem. Plume Network also garnered support from major firms like Binance’s YZi Labs and Apollo Global.\n\nFollowing the announcement of Shen's death, the Plume token experienced a sharp decline, dropping over 10% within an hour. Trading volume surged by 46%, reaching nearly 0.157 to $0.143 in approximately 80 minutes, reflecting the market's response to the unexpected loss of a key figure in the project. [\\[5\\]](#cite-id-TKUo3IeoxV)​","summary":"Eugene Shen is the Chief Technical Officer at Plume, with a background in software engineering at dYdX and Robinhood Crypto.","images":[{"id":"QmSXeMZEKEaTAqb2imv9jTYxqV7P9MavCrsveb8D33bmME","type":"image/jpeg, image/png"}],"categories":[{"id":"people","title":"People in crypto"}],"tags":[{"id":"Developers"},{"id":"PeopleInDeFi"},{"id":"Organizations"}],"media":[],"metadata":[{"id":"website","value":"https://plumenetwork.xyz"},{"id":"github_profile","value":"https://github.com/PlumeNetwork"},{"id":"linkedin_profile","value":"https://www.linkedin.com/in/eyqs/"},{"id":"twitter_profile","value":"https://x.com/eyqshen"},{"id":"references","value":"[{\"id\":\"qfRW2thlzW\",\"url\":\"https://plumenetwork.xyz/blog/introducing-the-plume-team\",\"description\":\"Plume Team Introduction\",\"timestamp\":1746206472252},{\"id\":\"48kpueOHis\",\"description\":\"Eugene Shen | LinkedIn\",\"timestamp\":1746206960410,\"url\":\"https://www.linkedin.com/in/eyqs/\"},{\"id\":\"azpS0zRjOo\",\"description\":\"Team | Plume Network\",\"timestamp\":1746207010860,\"url\":\"https://plumenetwork.xyz/team\"},{\"url\":\"https://x.com/plumenetwork/status/1927988163890532809\",\"description\":\"plume announces Eugene's passing away\",\"id\":\"AGP48NERpc\",\"timestamp\":1748528548629},{\"url\":\"https://crypto.news/plume-plummets-more-than-10-after-co-founder-eugene-shens-death/\",\"description\":\"PLUME plummets more than 10% after co-founder Eugene Shen’s death\\n\",\"id\":\"TKUo3IeoxV\",\"timestamp\":1748528674664}]"},{"id":"previous_cid","value":"\"https://ipfs.everipedia.org/ipfs/QmfYTaKnn82p7KyMC3LGRSSNeupQhJ66CPpPq99joHot5C\""},{"id":"commit-message","value":"\"Removed Eugene Shen wiki page\""},{"id":"previous_cid","value":"QmfYTaKnn82p7KyMC3LGRSSNeupQhJ66CPpPq99joHot5C"}],"events":[],"user":{"id":"0x8af7a19a26d8fbc48defb35aefb15ec8c407f889"},"author":{"id":"0x8AF7a19a26d8FBC48dEfB35AEfb15Ec8c407f889"},"operator":{"id":"0x4a2bC97afBF41a2Cbf4b4628F63420682Ff4CF2a"},"language":"en","version":1,"linkedWikis":{"blockchains":["plume"],"founders":["plume","plume-usd"],"speakers":[]},"recentActivity":"{\"items\":[{\"id\":\"e72a85fc-fe23-4980-881f-9b13dc9e542f\",\"title\":\"Eugene Shen\",\"description\":\"Eugene Shen is the Chief Technical Officer at Plume, with a background in software engineering at dYdX and Robinhood Crypto.\",\"timestamp\":\"2025-11-15T06:54:30.367Z\",\"category\":\"Wiki Update\",\"status\":{\"icon\":\"RiGlobalLine\",\"label\":\"Wiki Updated\",\"iconClassName\":\"text-green-500\"},\"user\":{\"name\":\"0x8AF7a19a26d8FBC48dEfB35AEfb15Ec8c407f889\",\"address\":\"0x4a2bC97afBF41a2Cbf4b4628F63420682Ff4CF2a\"},\"button\":{\"label\":\"View Summary\",\"icon\":\"RiFileTextLine\"},\"summarySections\":[{\"title\":\"Introduction\",\"subtitle\":\"Updated the tense of the introduction.\",\"variant\":\"modified\",\"changeCount\":1,\"changes\":[\"Changed 'is the Chief Technical Officer' to 'was the Chief Technical Officer'.\"]},{\"title\":\"Career\",\"subtitle\":\"Updated career details to past tense and included his role in a new project.\",\"variant\":\"modified\",\"changeCount\":2,\"changes\":[\"Added that Shen 'played part in the release of Plume USD'.\",\"Changed tense from 'he now leads' to 'he led'.\"]},{\"title\":\"Eugene Shen Passes Away\",\"subtitle\":\"Updated details regarding the market reaction to the news.\",\"variant\":\"modified\",\"changeCount\":1,\"changes\":[\"Modified the text about trading volume and token price, changing from '...reaching nearly $35.5 million... 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