Full-Time

Data Scientist

Posted on 6/6/2025

dYdX

dYdX

51-200 employees

Decentralized margin trading, borrowing, lending

Compensation Overview

$190k - $240k/yr

New York, NY, USA

In Person

Category
Data & Analytics (2)
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Requirements
  • Bachelor’s or Master’s degree in quantitative fields (Computer Science, Statistics, Economics) or a related field
  • 4+ years of experience in data science, analytics, product analyst or a similar discipline
  • 2+ years of experience working with blockchain or order book data (e.g. experience indexing blocks, building dashboards in Dune or similar, working with market data from crypto exchanges)
  • Expertise in SQL, database technologies, cloud databases, and reporting technologies (BigQuery, GCP, and Mode or similar)
  • Proficient in Python
  • Proficient with data visualization tools for generating insights and communicating findings effectively
  • Solid understanding of ETL processes, data modeling, and data warehousing principles
  • Entrepreneurial and intellectually curious, with a passion for asking the right questions, exploring data, and developing well-reasoned hypotheses
Responsibilities
  • Collaborate closely with marketing and other cross-functional teams to understand campaign strategies, lifecycle efforts, product usage metrics, and translate those into actionable data insights using tools like SQL and Mode
  • Analyze growth funnels, campaign performance, and user cohorts to identify key acquisition and retention drivers to inform product decisions
  • Own attribution and cohort analyses across marketing channels to optimize user acquisition strategy
  • Design and evaluate A/B tests and lifecycle marketing strategies to improve user conversion and engagement
  • Design and maintain scalable data pipelines and structured models in the data warehouse (e.g., using SQL) to power marketing dashboards, campaign tracking, and self-serve analytics
  • Build pipelines for blockchain transaction, order book, and market participant data to support analysis of user behavior, product engagement, and market dynamics relevant to growth strategies
  • Own and evolve marketing dashboards with KPIs, data visualization with strong story telling, etc. to influence marketing and product decisions for Senior Leadership
  • Ensure high data quality and consistency by implementing validation, monitoring, and documentation standards; establish strong data governance practices across marketing and growth analytics
  • Help instill a data-first culture by making tools and metrics intuitive, reliable, and accessible. Provide guidance to teammates on how to use and interpret data
  • Continuously enhance data infrastructure by optimizing systems, evaluating new tools, and promoting data best practices across the organization
  • Work closely with cross-functional teams to understand data requirements and deliver solutions that meet business needs
Desired Qualifications
  • Familiarity with cloud data platforms (e.g., AWS, GCP, Azure)
  • Understanding of machine learning and data science methodologies
  • Experience or knowledge in trading, particularly high-frequency trading (HFT), market structure, and derivatives
  • Passion for DeFi and web3, with specific interest in dYdX and a proven track record
  • Relevant certifications in data engineering or analytics

dYdX is a decentralized trading platform for crypto assets that offers margin trading, borrowing, and lending on Ethereum smart contracts. Its products include margin trading with up to 10x leverage, perpetual contracts (no expiry), borrowing directly to user wallets, and lending where users earn interest on deposits. It uses smart contracts to automate and securely settle trades and loans, with activity recorded on the public Ethereum ledger for transparency. The platform differentiates itself by providing a decentralized and trustless environment where users maintain control of their funds, reducing counterparty risk, and by offering features like portfolio management, stop orders, and limit orders within a DeFi framework. Its goal is to make decentralized finance secure, transparent, and accessible to serious crypto traders and investors by replicating traditional financial services in a decentralized manner.

Company Size

51-200

Company Stage

Series C

Total Funding

$95M

Headquarters

San Francisco, California

Founded

2017

Simplify Jobs

Simplify's Take

What believers are saying

  • Q4 2025 trading volume of $34.3B marks strongest quarter; weekly active traders reached 12,700.
  • Pocket Protector acquisition enables social trading features to compete with Bybit and OKX.
  • Permissioned Keys unlock institutional and algorithmic trading segments previously underserved by DEXs.

What critics are saying

  • Permissionless listings enable pump-and-dump schemes; regulatory scrutiny threatens protocol viability.
  • MegaVault's 177% APY unsustainable; yield normalization triggers mass withdrawals and liquidations.
  • Smart contract vulnerabilities in MegaVault or market infrastructure risk protocol-level exploits.

What makes dYdX unique

  • Permissionless market creation captures first-mover advantage in emerging perpetual trading pairs.
  • MegaVault's automated liquidity allocation reduces fragmentation in low-liquidity token markets.
  • Multi-chain wallet integrations (Phantom, Keplr, MetaMask) expand addressable user base significantly.

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Benefits

Health: We offer top-tier health, dental, and vision insurance.

Food: Enjoy fully catered lunch and snacks every day each week

Vacation: Take as much time off as you need to be productive

Ownership: Meaningful equity and competitive compensation.

Wellness: Monthly fitness, wellness, and gym reimbursements.

Relaxation: Events, offsites, and board game nights with the team!

Growth & Insights and Company News

Headcount

6 month growth

3%

1 year growth

2%

2 year growth

1%
The Associated Press
Jan 21st, 2026
dYdX sees $1.6T cumulative trading volume with Q4 2025 marking strongest quarter at $34.3B

The dYdX Foundation held its January analyst call on 20 January 2026, featuring Wintermute and reviewing protocol performance through year-end 2025. According to the 2025 Annual Ecosystem Report, dYdX facilitated approximately $1.6 trillion in cumulative trading volume across all protocol versions, with $64.7 million in cumulative protocol fees from dYdX v4. Quarterly trading volume recovered from $16 billion in Q2 to $34.3 billion in Q4, the strongest quarter of 2025. Weekly active traders reached approximately 12,700 in Q4, whilst protocol fees totalled $16.86 million for the year. Token metrics showed 83% of DYDX supply unlocked, with holders increasing 85% year-over-year to 98,000. Over 34,000 addresses participate in staking, with approximately 237 million DYDX staked to validators.

iGaming
Sep 5th, 2025
Gigaverse Secures $2M for Expansion

Web3 MMO Gigaverse has raised $2M in its first funding round to boost growth and expand its player-driven ecosystem. The round was led by 1confirmation, an early investor in OpenSea and dYdX, with support from over 40 crypto and gaming figures. Since its early 2024 launch, Gigaverse has generated $4.5M in revenue and $9M in peer-to-peer trading, attracting over 75,000 paying players.

Blockchain.News
Aug 9th, 2025
dYdX Foundation Raises $8M for Grants

The dYdX Foundation raised $8M in DYDX tokens to launch a new Grants Program with a 12-18 month runway, focusing on infrastructure, growth, and research to boost the ecosystem. This initiative could drive DYDX token demand and price action, with potential short-term surges of 10-20%. Traders should watch key levels at $1.50 and $2.00 for DYDX/USDT. The program may enhance protocol efficiency and attract more users, impacting on-chain metrics and trading volumes.

The Block
Jul 21st, 2025
dYdX acquires crypto social trading platform Pocket Protector in first external acquisition

The acquisition aims to expand dYdX’s product into social and user-driven trading features as it looks to scale.

SeedQuest
Apr 22nd, 2025
BioLumic raises $8.3M for light-activated seeds

BioLumic Inc. closed an oversubscribed Series B Extension, raising $8.3 million to accelerate commercialization of its xTraits™ technology, which uses light signals to activate non-GMO seed traits in crops like corn, rice, and soybean. The funding, led by Ki Tua Fund, Azolla Ventures, and iSelect Fund, aims to capture 10% of the non-transgenic seed trait market in five years, enhancing yield and sustainability while reducing development time and cost.

INACTIVE