- Pay
- $100–140k
- Where
- UK · Ireland · France · Newfoundland and Labrador · Spain · Portugal · Italy · Switzerland · Poland · Sweden · Denmark · Belgium · Remote, Austria · DE · Remote
- Level
- Mid
Quantitative Researcher: Market Manipulation & Market-Making Strategy (Perps)
Plexus has partnered with an early-stage digital asset trading venture building perpetual futures markets for long-tail tokens, where books are thin and prices can be pushed hard in either direction.
We are looking for a Quantitative Researcher to work directly with the founders and engineering team on the math behind their risk and payout framework and the market-making strategy that runs on top of it.
Key Focus Areas
Attack Pricing: Model pump-and-dump, wash and multi-wallet attacks on thin markets, and find the cheapest attack against each rule.
Risk & Payout Design: Build rules backed by a provable bound or a simulation.
Market-Making Strategy: Quoting, inventory, hedging and execution timing where the firm’s own trades move the price.
Simulation: Monte Carlo and replays of real on-chain incidents, calibrated against history.
Open Problems: Estimate the probability that a price action or wallet is manipulation, and price the cost of holding a low-cap token at a given level over time.
AI Research: Define research and review tasks that AI agents can run at scale, with you checking their work.
Ideal Profile
Experience in quantitative trading, market making, market microstructure, AMMs, perpetuals or mechanism design. Market maker, prop shop, DeFi or MEV background is particularly relevant. Early-career candidates welcome.
Strong probability, stochastic processes and optimisation.
Strong Python essential. Solidity reading and on-chain data a plus.
Attacker-first mindset, a clear writer, and AI-native: you run multiple agents in parallel and verify their output.
Super quick process.
If interested and available immediately, please share your resume here, to jayden.lazarus@plexusrs.com or TG: @jaydenlaz_12