About the company
Who We Are: Ethena Labs is building the first ETH based yield-bearing synthetic dollar. Arthur Hayes is a founding advisor and the team has deep experience across traditional finance and crypto engineering from firms such as Cerberus, Wintermute, Flow Traders, Deribit, Paradigm, Aave, Blockdaemon and Kaiko. We are backed by every major exchange and trading entities in the space. What we are Doing: We are building derivative infrastructure to enable Ethereum to transform into the Internet Bond via delta-neutral derivatives positions, to create the first crypto-native, yield bearing synthetic dollar: sUSDe. We believe creating a synthetic dollar which is not reliant on existing banking infrastructure is the single most important problem to solve and largest opportunity in crypto today. USDe will form the first part of a broader ecosystem of products we are building including fixed and floating rate internet bonds and composable repo leveraged markets.
Job Summary
What You'll Do
šPortfolio Management activities that contribute to the management of USDe's backing assets, including spot digital assets, derivatives positions, as well as deployments in DeFi money markets. šExecute trades efficiently using in house proprietary algorithms, adhering to strict risk parameters and market conditions. šCollaborate with your peers to ensure seamless trading coverage principally during your locations working day (US or Asia), but also when the occasion requires it, in an extended time window aligning with the Head of Trading's needs. šContribute to the creation and prioritisation of features requested of engineering to supplement and mature existing tooling. šMonitor real-time market risks (liquidity, volatility, counterparty) and adjust positions to minimise exposure. šProvide regular updates to the Head Trader on portfolio performance, trade outcomes, and market conditions.
What We're Looking For
šAn existing career currently sat in a senior trader level or higher within electronic or quantitative trading. šEstablished professional experience in cryptocurrency markets (perpetual contracts and spot trading) using crypto exchange APIs and order execution workflows with at least two of the following exchanges: Binance, Bybit, Okx, Deribit, Bitget. šProficiency in Python for data analysis, trade evaluation, or backtesting (using Pandas, NumPy, or similar). šStrong prioritisation and communication skills required for a high paced, high integrity and high outcomes environment.
The future of finance is here ā whether youāre interested in blockchain, cryptocurrency, or remote web3 jobs, thereās a perfect role waiting for you.
