Full-Time

Staff Software Engineer

Arcana

Arcana

1-10 employees

Web3 data analytics for institutions

No salary listed

Bengaluru, Karnataka, India

Hybrid

Bachelor's, Master's

Category
Software Engineering (1)

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Requirements
  • Bachelor's or Master's degree in Computer Science, Engineering, or a related field.
  • Minimum of 5 years of experience in backend development with Python in a production environment.
  • Proven experience in scaling compute and I/O-intensive applications.
  • Strong foundation in computer science, with a deep understanding of data structures, algorithms, and system design principles.
  • Experience in handling concurrent requests at scale and optimizing large-scale systems for performance and reliability.
  • Familiarity with database technologies such as Redis, PostgreSQL, and ClickHouse.
  • Solid understanding of software development life cycle, continuous integration, and continuous delivery practices.
  • Excellent problem-solving abilities and strong communication skills.
Responsibilities
  • Architect, refine, and escalate the capabilities of complex backend systems using Python, with a laser focus on efficiency, durability, and scale.
  • Elevate application performance, optimizing for speed, scalability, and resource allocation.
  • Forge robust methodologies to manage high concurrency and vast data volumes, setting new industry benchmarks.
  • Collaborate intimately with engineering and product peers to crystallize requirements into resilient, scalable architectures.
  • Demonstrate proficiency with advanced storage solutions and databases like Redis, PostgreSQL, and ClickHouse, enhancing system integrity.
  • Champion coding excellence, testing rigor, and deployment precision, driving best practices across the development lifecycle.
Desired Qualifications
  • Experience in the financial sector, particularly in developing fintech applications or systems.

Arcana provides specialized data analytics for the Web3 ecosystem. It offers proprietary datasets and advanced analysis tools to institutional investors, and operates on a subscription model that gives clients ongoing access to data and analytics for digital asset strategies and allocations. The product works by delivering high-quality, precise data and analytics through a subscription, helping clients make informed decisions and manage risk. Arcana differentiates itself through rigorous data integrity and accuracy, focusing on institutional customers such as hedge funds and large financial firms rather than consumer markets. The company's goal is to help clients mitigate risks and seize opportunities in the digital asset space by providing reliable, actionable insights that guide investment decisions.

Company Size

1-10

Company Stage

Seed

Total Funding

$5.3M

Headquarters

Los Angeles, California

Founded

2018

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Simplify Jobs

Simplify's Take

What believers are saying

  • Avail says Nexus mainnet launched from Arcana integration in Q4 2025.
  • Arcana’s technology now powers unified balances and intent-driven execution across Ethereum, Base, and Arbitrum.
  • Most Arcana staff joined Avail, expanding execution capacity beyond 55 employees.

What critics are saying

  • Arcana no longer operates independently; Avail owns 100% of XAR supply since August 2025.
  • XAR holders face 4:1 token conversion, phased unlocks, and diluted upside.
  • If Nexus adoption stalls by Q4 2026, Arcana’s brand and roadmap vanish inside Avail.

What makes Arcana unique

  • August 2025: Arcana’s chain abstraction, wallet, auth, and MPC stack folded into Avail Nexus.
  • Arcana served 100-plus developer teams across 10-plus chains with 2.5M wallets.
  • Its absorbed team and proprietary stack strengthen Avail’s multichain execution layer.

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Benefits

Remote Work Options

Company News

RootData
Aug 27th, 2025
Avail acquires Arcana; $75M funding raised

Avail, backed by Founders Fund, has acquired Arcana to enhance multichain scalability. Arcana's XAR token holders can swap for AVAIL at a 4:1 ratio, with phased unlocks. AVAIL is down 7% at $0.012, while XAR is up 3.6% at $0.0031. Arcana's tools will integrate into Avail's stack, and most of Arcana's team will join Avail, expanding the team to over 55. Arcana raised $5.5 million, while Avail has raised $75 million. The acquisition aims to unify multichain infrastructure for crypto adoption.