DeFi Research Analyst

About Wintermute

Wintermute is one of the largest algorithmic trading firms in digital assets globally. We manage billions in assets and trade more than $5B+/day across dozens of different trading platforms. Wintermute provides liquidity algorithmically across most CeFi and DeFi exchanges and via OTC. Wintermute was one of the earliest adopters of DeFi and is a big supporter of decentralized finance. We are widely known to be one of the largest and most advanced liquidity providers in DeFi. We support all major DEX, trading platforms, AMMs, RFQs, aggregators and we work with most major chains.

Wintermute is an official market maker for many of the most prominent blockchain projects and we actively support the DeFi ecosystem: we invest in and help scale early stage DeFi projects, we actively participate in governance of various protocols and cooperate with projects of building the missing pieces of the eco-system.

Wintermute is a hyper-growth highly profitable business with a very ambitious vision and roadmap. We are backed by Lightspeed, Pantera Capital, Sino Global Capital, Blockchain.com Ventures, Avon Ventures by Fidelity Investments, DeFi Alliance and other top tier investors. We are run as a technology company, not a financial service provider, and we build our culture around core values of ambition, collaboration, entrepreneurship, transparency and meritocracy.

What you will work on

• Conduct deep-dive research on various chains, protocols, digital assets, including understanding underlying maths where relevant


• Analyze tokenomics and advising on tokenomics design


• Lead blockchain analytics, from project-driven blockchain data analysis to creating internal tools/dashboards


• Publish thought leadership pieces and be the brand ambassador for Wintermute across relevant channels (e.g. Twitter)   


• Support Venture Arm with due diligence of early stage DeFi projects


• Support compliance team with blockchain AML/CTF investigations


• Ad hoc projects: from supporting Wintermute-incubated projects to working with quant researches on trading strategies

Hard Skills Requirements

• Maths, computer science or other relevant quantitative degree


• Experience in quantitative analytics/research in traditional finance or crypto


• Advanced knowledge of the blockchain, crypto ecosystem


• Python coding, at least scripting level, developer level is advantage


• Ability to understand complex topics fast and independently


• Excellent written communication skills, ability to explain complex topics in a clear way to various audiences

Culture fit requirements

• Love coding, love problem solving, building things and seeing your products work


• Curious about algorithmic trading and financial markets


• Determined, ambitious yet humble, willing to work hard, give and take feedback


• Like meritocracy and being judged by what you deliver


• Owner mentality: focused on doing what it takes to achieve important results, prepared to work non-standard working hours, no 9-to-5 mentality


• Like working in a team environment closely collaboration both within and outside the team

Wintermute offer

• A unique opportunity to work on very interesting projects, get the level of responsibility and ownership that would be unlikely at any other project or trading firm


• A unique opportunity to join one of the strongest and most successful DeFi teams globally


• With Wintermute you don’t make a bet on a single product, platform, chain or technology; we’ll win if DeFi wins as a whole


• Great company culture: informal, non-hierarchical, ambitious, highly professional yet collaborative and entrepreneurial  


• Option to work from London or Singapore offices, as well as remotely; we generally prefer at least 60% working from the office but are open to remote candidates


• Weekly team events, such as team lunches, team dinners, team board games and Dota playing sessions; these are not obligatory in any sense, but this is what we like to do


• Aligned incentive structure: high upside from performance-based variable pay with very transparent bonus system


• We offer standard perks too, like pension, private health insurance, free food and office gym, but that’s probably not the right reason to join us


• We offer UK work permits and help in relocation; we prefer Singapore candidates who have PR or citizenship but are able to arrange permits too for the best candidates

Tips for successful application

• Only apply to us if you are genuinely interested or curious about this role and DeFi space; this is not for someone who is just looking for “a job”


• Do some research: look at our website and social media channels


• Write us a short, honest, and direct message if you’d like to apply. Tell us about why you are interested in DeFi in general and in Wintermute in particular.


• Do not send us generic copy paste applications, we are looking for authentic people who share our interests, values and ambitions!


• If you don’t have an obviously matching experience or skills, make sure you state very clearly what you can bring or how your experience is relevant (but note, we do require deep blockchain development expertise)


• Prepare to be tested on your blockchain knowledge. We do not care as much about your credentials (university or prior employer), but we care a lot about your knowledge and ability to get things done


• Unfortunately, we won’t be able to proceed if you simply press “submit button”; we do promise to reply to everyone who puts time and effort in making the application relevant!