Quantitative Developer - Paradex

About Paradex

Paradex isn’t just another decentralized exchange; it’s the Everything Store for Finance. We’ve combined three powerful financial primitives-Exchange, Asset Management, and Borrow/Lend-all seamlessly composable and accessible through one unified account that uses your entire portfolio as collateral, including spot and derivative assets. Trade 250+ markets on a super exchange with zero fees, better-than-CEX liquidity, and institutional-grade privacy, all built on a blazingly fast blockchain.

Backed by top-tier investors and incubated by Paradigm, we’re scaling fast and building a team of mission-driven engineers to redefine what’s possible in decentralized finance. We have no product managers, no managers, no 1:1s at Paradex. No bullshit. Just code. You’ll work directly with our CEO and a small, elite team of builders in the trenches every day, pushing the limits of performance and UX.

Fair warning: this is not an easy place to work. We will push you hard. But you’ll grow faster than you thought possible, and you’ll do some of the most meaningful, high-impact work of your life. You’ll own what you ship end to end, tackle real technical challenges (not just UX tweaks), and help shape the future of decentralized finance. Join us on the frontline

Quick Facts

• $200+ Billion Lifetime Volume

• $1.2+ BiIlion Average Daily Volume

• $60+ Million Total Value Locked

• Paradex is committed to building transparently in public key platform stats

Your Mission

As a Quantitative Developer, you will be a primary architect of the pricing and market data infrastructure that powers Paradex. You won't just be maintaining a platform; you will be solving one of the hardest problems in crypto derivatives: building high-fidelity, low-latency pricing, risk, and quoting systems that operate reliably across 250+ markets at production scale.

You will bridge the gap between rigorous financial engineering and the high-performance backend systems required to deliver it.

What You’ll Do

• Market Data Systems: Build and maintain the data infrastructure that supports pricing, risk, and research, including real-time tick capture, cross-venue normalization, historical storage, and low-latency replay for backtesting.

• Pricing Infrastructure: Design and implement pricing models for derivatives. Ensure correctness, low latency, and observability.

• Trading Algorithms: Contribute to the development, improvement and monitoring of the strategies underpinning the protocol vault

• Risk and Analytics Backend: Implement services that monitor risk in real time across the platform.

• Research-to-Production Pipeline: Transition models from research environments into production services capable of handling live order flow. Apply rigorous backtesting, controlled deployment, and ongoing monitoring.

What You Bring

• Backend Engineering: Strong production experience building low-latency, high-throughput backend services, with demonstrated ability to operate and debug them under load.

• Data Infrastructure: Experience with time-series databases, message buses (such as Kafka, Redpanda, or NATS), and the operational realities of high-volume market data.

• Trading Systems: Prior experience working on or alongside production trading systems at an exchange, proprietary trading firm, market maker, HFT firm, or comparable crypto-native venue.

• Options Experience (preferred): Knowledge or direct experience with options pricing, volatility surface construction or options market making.

• Ownership: Demonstrated ability to take responsibility for a domain end to end, with limited specification or supervision.

Your Perks & Benefits

• Competitive Pay: Top-tier compensation in the industry.

• Generous PTO: Unlimited vacation.

• Full Benefits: Comprehensive packages tailored by country.

• No manager 1:1s and no bullshit meetings.