About Drift Labs

Drift is a leading derivatives DEX building perpetual swaps on Solana. Our mission is to bring state-of-the-art trader-centric experience from centralized exchanges on-chain. We're a team of experienced traders and builders from DeFi and traditional finance working together to make this a reality.

Within five months of launching, we have:

Hit $10B in cumulative volume traded;
Achieved over $50M in trader open interest with $13M in collateral vault balance;
Launched 21 trading markets.

The Opportunity

Drift Labs is looking for a Quant Researcher to be a core member of our research team to build, scale, maintain, and spearhead the expansion of our decentralized derivatives protocol. You’ll help determine the strategies for optimizing the ‘Liquidity Trifecta’: research, propose, and design protocol enhancements as well as run simulations to track and measure risks across market scenarios.

Your Role

Design sustainable liquidity solutions, protocol incentives, and formulaic parameter updates
Run simulations to track and measure risks across market scenarios
Ensure code and data quality to showcase reproducible work
Proactively engage giga brain community members

Requirements

Your Experience

Proficiency with Rust and/or Python, including developing production quality software
Deep understanding of AMMs while proactive engaging in new developments
Track record of going from theoretical concepts to practical design, building, scaling and maintenance.
Strong communication & writing skills
Passion for DeFi, market microstructure, and cryptocurrencies
3+ years as a quant researcher, data scientist or relevant discipline
Advanced Degree in Computer Science, Mathematics, Statistics or relevant discipline

Nice to Have

Experience with any blockchain at the protocol level
Understanding of perpetual futures, options, margin trading and other derivatives products
Familiarity with the Solana blockchain and building applications on Solana
Experience in data visualization frameworks

Drift's Development Stack

Frontend: Typescript + React
Smart Contracts: Rust (using Anchor framework)
Backend: MySQL
Infrastructure: AWS

Benefits

Perks

Remote first - work from anywhere
International team meets
Stipend for laptop

Drift is an equal opportunity employer and we value diversity at our company. All aspects of employment are based on merit, performance, and business needs. We do not discriminate based upon race, religion, color, national origin, gender, sexual orientation, age, marital status, veteran status, or disability status.

Drift Labs

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