The CoinDCX Journey: Building the Future of Finance

At CoinDCX, our mission is clear — to make crypto and blockchain accessible to every Indian and enable them to participate in the future of finance.

As India’s first crypto unicorn valued at $2.45B, we are reshaping the financial ecosystem by building safe, transparent, and scalable products that power adoption at scale.

We believe that change starts together. It begins with bold ideas, relentless execution and people who want to build what’s next.

If you’re driven by purpose and thrive in environments where your work defines the next chapter of an industry, you’ll feel right at home here.

Quantitative Researcher — Spot & Futures Market Making

About The Role

This isn’t a typical quant research role.

You will spearhead our research into crypto market making across Spot and Futures markets — designing the pricing, hedging, and risk models that determine how competitively and profitably we provide liquidity. In the hyper-volatile, 24/7 crypto landscape, static models decay rapid,



so your mandate is to build market making strategies that are adaptive, robust, and continuously improving.

This is a deep research role focused on long-term, structural improvements to our MM engine that the BAU team then deploys and manages. You’ll own the hardest questions on the desk: how to price and hedge across Spot and Futures, how to read order book dynamics and market regimes, and how to keep strategies healthy in live markets — using AI and automation where they give us a real edge.

What You’ll Do

Design advanced market making algorithms
Adaptive Pricing & Hedging: Design pricing and hedging algorithms for Spot and Futures markets, specifically managing basis and funding-rate risk across the two.
Liquidation Logic: Research and optimise intelligent liquidation models to minimise market impact and slippage in high-leverage Futures environments.
Quoting & Inventory: Develop models for optimal quoting, spread setting, and in

📌 SM/M - Quant Researcher (Bengaluru)
🏢 Coindcx
📍 Bengaluru