The CoinDCX Journey: Building the Future of Finance
At CoinDCX, our mission is transparent — 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 fast, 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
1. 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 setti