Quantitative Researcher - Drift Labs｜Meet.jobs

About the jobAbout Drift Labs

Drift is a leading derivatives exchange 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 Labs is looking for a Quant Researcher to be a core member of our research team to build, scale, maintain, and spearhead the expansion of our decentralized derivatives protocol. You’ll help determine the strategies for optimizing the ‘Liquidity Trifecta’: research, propose, and design protocol enhancements as well as run simulations to track and measure risks across market scenarios.

Your Role 

 

Design sustainable liquidity solutions, protocol incentives, and formulaic parameter updates

Run simulations to track and measure risks across market scenarios

Ensure code and data quality to showcase reproducible work

Proactively engage giga brain community members

 

Your Experience

 

Proficiency with Rust and/or Python, including developing production quality software

Deep understanding of AMMs while proactive engaging in new developments

Track record of going from theoretical concepts to practical design, building, scaling and maintenance.

Strong communication & writing skills

Passion for DeFi, market microstructure, and cryptocurrencies

3+ years as a quant researcher, data scientist or relevant discipline

Advanced Degree in Computer Science, Mathematics, Statistics or relevant discipline

 

Nice to Have

 

Experience with any blockchain at the protocol level

Understanding of perpetual futures, options, margin trading and other derivatives products

Familiarity with the Solana blockchain and building applications on Solana

Experience in data visualization frameworks

 

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 laptop

 

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