Quantitative Developer - Options Markets

RANKED 12th BEST STARTUP EMPLOYER SINGAPORE TECHINASIA Awards 2026 **Paradex** is a high\-performance decentralized exchange incubated by **Paradigm.co** \- crypto’s largest institutional liquidity network, handling up to 40% of global crypto options volume with over **$1 Trillion** in total venue volume traded. Our parent company, Paradigm, is backed by a **$400M Series A valuation** from top\-tier investors. Leveraging this institutional foundation, we build core trading infrastructure for Paradex with zero legacy constraints and a relentless focus on clean, maintainable architecture. Since launch, Paradex has facilitated **$220\+ billion in cumulative trading volume** and holds over **$100 million in Total Value Locked** across 250\+ markets. We are actively expanding our options platform and looking for a **Quantitative Developer** to design, architect, and build our **Options Pricing Infrastructure** from the ground up. **How We Work** We have no product managers, no middle management, and no 1:1s. No bullshit. Just clean, low\-latency code. You’ll work directly with our leadership and an elite team of builders in the trenches every day, owning your domain end\-to\-end. **Fair Warning:** This is an intense, high\-bar environment. We will push you hard, but you’ll grow faster than anywhere else and do some of the most meaningful, high\-impact work of your career on the frontlines of DeFi ⚔️ Quick Facts * $260\+ Billion Lifetime Volume (Paradex) * $1\+ Trillion Lifetime Volume (Paradigm.co) * 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.