| Job Position | Company | Posted | Location | Salary | Tags |
|---|---|---|---|---|---|
Drift Protocol | Remote | $45k - $100k | |||
GSR | Singapore, Singapore |
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GSR | Zug, Switzerland | $28k - $33k | |||
GSR | Singapore, Singapore | $28k - $33k | |||
| Learn job-ready web3 skills on your schedule with 1-on-1 support & get a job, or your money back. | | by Metana Bootcamp Info | |||
GSR | London, United Kingdom | $28k - $33k | |||
GSR | Singapore, Singapore | $28k - $33k | |||
GSR | New York, NY, United States | $28k - $33k | |||
Sygnum Bank AG | Switzerland | $72k - $100k | |||
Sygnum Bank AG | Switzerland | $72k - $100k | |||
Galaxy Digital Services | Remote |
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Binance | Remote |
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Keyrock | Brussels, Belgium | $28k - $72k | |||
Keyrock | Brussels, Belgium | $28k - $72k | |||
GSR | Singapore, Singapore | $28k - $33k | |||
GSR | New York, NY, United States | $28k - $33k |
About Drift Labs Drift is a leading derivatives DEX building perpetual swaps on Solana. Our mission is to bring state-of-the-art trader-centric experience from centralized exchanges on-chain. We're a team of experienced traders and builders from DeFi and traditional finance working together to make this a reality. Within five months of launching, we have:
Hit $10B in cumulative volume traded; Achieved over $50M in trader open interest with $13M in collateral vault balance; Launched 21 trading markets.
The Opportunity Drift is looking for a Quantitative Trader to be a core member of our research team to build, scale, maintain, and spearhead the development of trading strategies. You’ll help determine the strategy around developing our dynamic virtual Automated Market Maker (DAMM), research, propose and design formulaic parameter updates, as well as run simulations to track and measure risks across market scenarios. Your Role
Build, test and optimize quantitative models for market making, trading, hedging and arbitraging activities on Drift Work with a team of experienced quantitative traders to manage a portfolio of market making and quantitative strategies Operate automated, latency-sensitive trading systems Monitor the systems’ executions and open positions Adjust system parameters based on market conditions and current risk
Your Experience
5+ years of relevant working experience, ideally within trading/crypto Passion for DeFi and crypto, including a deep understanding of AMMs while proactively engaging in new developments Proficient in Python. Knowledge in any other programming language is a plus Strong experience in ML modelling and applying ML approaches to trading Proven track record trading in cryptocurrency markets Working experience in any financial exchange would be highly desirable Excellent organizational and interpersonal skills, with a high attention to detail
Nice to Have
Experience with any blockchain at the protocol level Understanding of perpetual futures, options, margin trading and derivatives products Familiarity with the Solana blockchain and building applications on Solana Experience in data visualization frameworks BSc in Computer Science, Mathematics, Statistics or relevant discipline
Drift's Development Stack
Frontend: Typescript + React Smart Contracts: Rust (using Anchor framework) Backend: MySQL Infrastructure: AWS
Perks
Remote first - work from anywhere International team meets Stipend for technology related costs
Drift is an equal opportunity employer and we value diversity at our company. All aspects of employment are based on merit, performance, and business needs. We do not discriminate based upon race, religion, color, national origin, gender, sexual orientation, age, marital status, veteran status, or disability status. To apply, go to https://link.drift.trade/apply
What does a Quantitative trader do?
A Quantitative Trader is a professional who uses quantitative models and statistical analysis to make trading decisions in financial markets
They work for hedge funds, investment banks, proprietary trading firms, and other financial institutions
In Web3, a Quantitative Trader uses quantitative models and statistical analysis to make trading decisions in decentralized finance (DeFi) and other Web3 applications
They work for DeFi protocols, investment funds, and other financial institutions involved in Web3
The job of a Quantitative Trader typically involves the following tasks:
- Developing and testing trading models for DeFi: Quantitative Traders in Web3 develop and test trading models that use statistical analysis, machine learning, and other quantitative techniques to identify profitable trading opportunities in decentralized finance protocols.
- Conducting market research in Web3: Quantitative Traders in Web3 conduct research on decentralized finance protocols, including analyzing on-chain data, tracking current market trends, and assessing the impact of new developments in the ecosystem.
- Managing risk: Quantitative Traders in Web3 manage risk by developing strategies to limit potential losses and control exposure to market volatility in decentralized finance protocols.
- Executing trades: Quantitative Traders in Web3 execute trades based on their models and research findings, using automated trading systems and other tools to maximize efficiency.
- Monitoring performance: Quantitative Traders in Web3 monitor the performance of their trading strategies, making adjustments as needed to optimize profitability in the rapidly changing Web3 ecosystem.