Quantitative Developer - Crypto / Market Making / DeFi

As a Quantitative Developer at PancakeSwap, you design and implement trading and risk strategies behind our PropAMM system. PancakeSwap is the world's #1 decentralized exchange, having processed more than $2 trillion in trading volume with over 35 million unique users across 10 blockchains. This role sits at the intersection of quantitative research, DeFi protocol design, and trading infrastructure, helping connect on-chain liquidity with other exchange markets.

What you'll do

• Design and implement pricing and liquidity strategies for PropAMM pools
• Develop spread models, liquidity depth allocation, and volatility-based adjustments
• Build inventory management frameworks to control token exposure
• Design delta-neutral hedging strategies
• Integrate real-time order book data into pricing models
• Backtest liquidity strategies and simulate trading performance
• Optimize pricing and liquidity to maximize volume while minimizing risk

What you bring

• 4+ years of experience in quant trading, crypto market making, or DeFi liquidity provision
• Strong understanding of AMM mechanics, arbitrage dynamics, and liquidity pools
• Experience with CEX hedging strategies and DEX liquidity provision
• Strong programming skills in Python, Rust, or C++
• Experience building real-time trading or market data systems

Nice to have

• Background in DeFi market making or crypto trading firms
• Familiarity with aggregator routing and on-chain trading mechanics