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Wormhole Labs seeks a Trader to develop and run RFQ-based strategies for tokenized spot equities and to price instruments with thin reference prices. You’ll monitor P&L in real time, manage risk, and push improvements across onchain and traditional venues.
This is a hybrid trading and engineering role in a remote-first environment. Expect to leverage strong analytical and software skills (Rust) to implement production-ready strategies, manage inventory, and coordinate with brokerage and onchain
Wormhole Labs builds Sunrise (sunrise.xyz), a platform that helps token issuers launch and list their tokens on Solana. To date, we've orchestrated the launch of 100+ assets on Solana, accounting for more than $10 billion in cumulative trading volume.
As a Trader, you'll develop and run strategies for tokenized equities, pricing and hedging risk across onchain markets and traditional brokerage venues. You'll be responsible for managing capital and writing the code that puts your strategies into production. This is a hybrid trading and engineering role.
Develop and run RFQ-based trading strategies for tokenized spot equities: set parameters such as buffers, spreads, and size limits, while optimizing for evolving business goals.
Price instruments where reference prices are thin or stale, such as long-tail stocks and extended and overnight sessions.
Measure execution quality: benchmark fills against references, analyze markouts, and turn what you find into strategy improvements.
Monitor positions, inventory levels and P&L in real time; proactively flag risks, execute adjustments, and continuously improve tooling & monitoring.
Integrate with traditional brokerage venues and onchain programs to fill trades and rebalance inventory.
4+ years trading at a market maker, prop firm, DEX, or brokerage, with professional experience specifically trading spot equities.
Experience developing RFQ systems.
A rigorous approach to risk management: you track exposure, hedge thoughtfully, and
Self-directed and adaptable: you're comfortable operating with autonomy in a remote-first environment.
Strong analytical and software engineering skills (e.g., Rust)
Competitive salary and restricted token units, dependent on position type and location.
Unlimited time off, healthcare premium reimbursement, and 401K.
Top-of-the-line MacBook Pro laptop.
Flexibility of working from wherever you have work authorization, as long as you can work 10-6PM US Eastern Time. We minimize unnecessary meetings, but building decentralized systems requires synchronous communication.