Software Engineer

• Build and maintain risk and liquidation engines to manage risk and improve capital efficiency in volatile markets.
• Design and implement the blockchain state machines that power trading, settlement, and risk operations.
• Develop services that maintain consistent state across asynchronous processes using voting, consensus, and coordination mechanisms.
• Process live market data and coordinate actions across trading venues, managing WebSocket streams and time-sensitive workflows.
• Build high-performance REST and WebSocket APIs that power the trading interface with millisecond-level response times.

We are looking for a Software Engineer, Backend Systems with production Rust experience to join our team in New York. You will be instrumental in building the backend infrastructure behind our real-time trading platform. We are seeking a candidate with a strong command of asynchronous programming, systems knowledge, and a performance-driven mindset who thrives in a high-bandwidth, collaborative in-person environment., 2-4 years of experience as a backend software engineer with in-depth Rust experience.

We are building a unified front-end trading application designed to simplify the fragmented experience retail crypto traders currently face across multiple interfaces, venues, and browser-extension wallets.

Endless bridging, fragmented liquidity, and multiple new venues every year make the experience confusing and potentially dangerous for new users. The goal is to create one venue where users can access the products they want, including perpetuals, cross-chain spot trading, and prediction markets, through one seamless portfolio-margin trading experience.

Crypto users optimize for convenience and reduced fragmentation. One unified trading product for relevant aspects of crypto trading through unified collateral represents a potential $10B+ company with hundreds of millions of dollars in revenue.

The company has approximately 10 employees, has raised $15M+ in total funding, and has locations in New York City and San Francisco.

What We’re Building

The platform uses blockchain infrastructure under the hood. Users will post collateral on our systems, and we will extend USDC collateral on venues of their choice.

Rather than requiring users to move between different venues, the platform will bring those venues to the user. Users will be able to post various forms of collateral and eventually trade across venues without needing to sell down their collateral.

The goal is to become the dominant front end for crypto trading: trade any relevant asset on any relevant venue using one unified balance in one front end, and create the platform that the next 100 million users are sent to by their friends when they enter crypto trading.

Why This Sector

Perpetual swaps are the largest sector by revenue in crypto. Perpetual swaps allow retail traders to speculate on asset prices using linear products and leverage.

Centralized exchange perpetual swaps have grown by double-digit percentages year over year for a decade. Decentralized exchange perpetual swaps are a relatively new sector that has experienced 700%+ growth since 2024.