Principal Backend Development Engineer (C++)
What engineering roles in crypto pay
184 salaries · our own dataMost engineering roles in crypto pay between $145k and $267k, with a median of $205k.
As a Principal Backend Development Engineer at Bybit, you design and develop core derivatives trading systems for one of the world's leading cryptocurrency exchanges serving over 80 million users. You join a global team building high-performance, low-latency infrastructure that powers perpetual contracts, futures, and options trading at scale.
What you'll do
- Design and develop core derivatives trading systems covering order processing, position management, and real-time account risk controls, supporting perpetual contracts, futures, and options
- Design high-performance data structures, concurrency models, and event-processing mechanisms to ensure consistency and correctness across orders, trades, positions, and account balances
- Collaborate with product, risk management, and operations teams to translate trading rules and risk requirements into clear, verifiable system implementations
- Participate in architecture reviews, code reviews, performance testing, and production troubleshooting to improve engineering quality and observability
What you bring
- Fluency in English
- At least 5 years of C++ development experience, with hands-on experience building high-performance, highly concurrent, or low-latency systems
- Proficiency in modern C++, with a deep understanding of object lifetimes, memory management, templates, and the STL, and the ability to write efficient, reliable, and maintainable code
- A deep understanding of multithreading, atomic operations, memory models, and thread synchronization, with the ability to diagnose and resolve concurrency correctness and performance issues
- Experience with Linux systems programming and network programming, including TCP/UDP, I/O multiplexing, and common network performance bottlenecks
- An understanding of how CPU caches, cache coherence, false sharing, and NUMA affect performance, with experience using tools such as perf for performance analysis and optimization
- Experience designing complex stateful systems and addressing event ordering, idempotency, state consistency, and fault recovery
- A strong focus on correctness and reliability, with solid analytical skills and the ability to independently investigate complex issues, design solutions, and implement them
Nice to have
- Experience developing systems for exchanges, brokerages, futures trading, quantitative trading, or financial infrastructure
- Familiarity with derivatives trading mechanics, including margin, leverage, isolated and cross margin, mark prices, funding rates, liquidation, and settlement
- Experience with lock-free data structures, CPU affinity, memory pools, zero-copy techniques, or SIMD optimization
What we offer
- Study Growth Fund supporting your professional development and continuous learning
- Regular internal events including team-building activities, workshops, and collaborative innovation sessions
- Global collaboration as part of a diverse, international team
- Career advancement opportunities within a rapidly expanding global company
- Internal mobility and long-term career development pathways
About Bybit
Bybit, established in 2018, is one of the world's leading cryptocurrency exchanges and digital financial platforms, serving over 80 million users across more than 200 countries and regions. The platform delivers a seamless ecosystem across trading, payments, wealth management, custody, institutional services, and Web3, recognized as one of the most trusted and transparent platforms in the digital asset industry.
Context for this role
From the live jobs we track on CryptoJobsHQ, updated daily.
Bybit has 109 open roles on CryptoJobsHQ: 39 in Legal & Compliance, 21 in Engineering and 12 in Security. 2% are fully remote, most of the rest in the UAE and the US. 19 were posted in the last 7 days.
All 109 Bybit roles →1,820 Infrastructure roles are open across crypto right now.
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