Research Lead at dYdX

New York, New York, United States

dYdX Logo
Not SpecifiedCompensation
Senior (5 to 8 years), Expert & Leadership (9+ years)Experience Level
Full TimeJob Type
UnknownVisa
DeFi, Blockchain, CryptocurrencyIndustries

Requirements

  • Bachelor’s or Master’s degree in quantitative fields (Math, Computer Science, Physics, Statistics, Economics) or a related field
  • 4+ years working experience in a technical role (Developer, Analyst, Quant, Data Scientist)
  • 2+ years of experience working with blockchain or order book data (e.g. experience indexing blocks, building dashboards in Dune or similar, working with market data from crypto exchanges)
  • Exceptional written and verbal communication skills
  • Project management, time management, and ability to multitask
  • Proficient with data visualization tools for generating insights and communicating findings effectively
  • Entrepreneurial and intellectually curious, with a passion for asking the right questions, exploring data, and developing well-reasoned hypotheses

Responsibilities

  • Conduct cutting-edge research into market structure, protocol design and mechanics, and incentive design, including internal-facing research to help the business understand user behavior, product performance, and growth opportunities; external-facing projects to contribute to the global conversation on protocol design, trading, and DeFi evolution; and educational content to help the audience become more sophisticated traders and product users
  • Collaborate with Engineering team and other parts of the business and communicate research findings clearly across technical and non-technical audiences
  • Collaborate with the Growth team to identify and define key audience segments and leverage data-driven insights to inform growth strategies and guide product decisions
  • Take strong initiative in leading deep and exploratory research on open-ended questions that the team has around core product features and protocol development
  • Own and continuously enhance data infrastructure by optimizing systems, evaluating new tools, and promoting data best practices across the organization
  • Help define key metrics for protocol health and trader behavior
  • Build tools and pipelines to support research reproducibility and insight generation
  • Help shape and clearly communicate dYdX’s product strategy through research-driven insights and external thought leadership
  • Collaborate with dYdX ecosystem partners and actively engage with the broader user community to enrich the research perspective and stay aligned with ecosystem needs

Skills

Protocol Design
Incentive Design
Market Structure
Mechanism Design
DeFi Research
Quantitative Analysis
User Behavior Analysis
Data-Driven Insights
Trading Mechanics

dYdX

Decentralized trading platform for crypto assets

About dYdX

dYdX is a trading platform that specializes in cryptocurrency, offering services like margin trading, borrowing, and lending through Ethereum smart contracts. It allows users to trade without a central authority, reducing counterparty risk, and generates revenue through transaction fees and service charges. Key features include margin trading with up to 10x leverage, perpetual contracts, and tools for portfolio management. The goal of dYdX is to provide the benefits of decentralized finance, such as security and transparency, to a broader audience of serious crypto traders.

San Francisco, CaliforniaHeadquarters
2017Year Founded
$92.4MTotal Funding
SERIES_CCompany Stage
Fintech, Crypto & Web3Industries
51-200Employees

Benefits

Health: We offer top-tier health, dental, and vision insurance.
Food: Enjoy fully catered lunch and snacks every day each week
Vacation: Take as much time off as you need to be productive
Ownership: Meaningful equity and competitive compensation.
Wellness: Monthly fitness, wellness, and gym reimbursements.
Relaxation: Events, offsites, and board game nights with the team!

Risks

Increased competition from decentralized exchanges like Uniswap and Sushiswap challenges market position.
Potential regulatory scrutiny could impact operations and compliance with financial regulations.
Migration to Cosmos ecosystem may pose technical challenges and affect user experience.

Differentiation

dYdX offers decentralized trading with Ethereum smart contracts, ensuring security and transparency.
The platform provides margin trading with up to 10x leverage, attracting experienced traders.
dYdX's integration with Phantom Wallet expands access to Solana users, increasing trading volume.

Upsides

Integration with Layer 2 solutions reduces costs and increases throughput, enhancing competitiveness.
The move to Cosmos ecosystem boosts scalability and interoperability, attracting more users.
Partnership with Anchorage Digital for institutional staking increases liquidity and participation.

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