Quantitative Analyst
Gondor is a DeFi layer for prediction markets.
Funding history
Projects
About Gondor
Gondor builds decentralized finance infrastructure for prediction markets, starting with a borrowing protocol that lets users use Polymarket positions as collateral. The platform is currently in beta, with intentions to extend support to more markets and introduce additional financial primitives over time. The company has secured $2.5M in funding from Prelude, Castle Island Ventures, and Maven 11, and invites integrations and inquiries via contact@gondor.fi while actively hiring across engineering and other roles.
Skills
Candidate Availability
Required and preferred rules are kept separate and reflect the wording in the original posting.
About the Role
Design and implement liquidation engines and pricing models for prediction market collateral, including margin, liquidation, auction, oracle, cross-margin, and risk-control systems.
Requirements
- 3–10+ years in quantitative risk, options pricing, or margin systems
- MSc or PhD in a quantitative subject preferred
- Experience pricing binary options, perps or margin systems, or DeFi/NFT lending risk
- Experience contributing to a liquidation or margin engine at a CEX, DEX, or lending protocol
- Strong Python for simulation and backtesting
- Comfort with TypeScript
- Deep understanding of order-book microstructure, slippage, and pricing under illiquidity
Responsibilities
- Design liquidation engine for Polymarket collateral
- Define LLTV and partial-liquidation logic
- Set liquidation penalties, keeper and auction flows, and circuit breakers
- Design pricing and oracle rules for illiquid prediction market assets
- Define mark price methodology, slippage and spread haircuts, and time-to-resolution adjustments
- Model cross-margin and netting rules across markets and outcomes
- Apply correlation haircuts, concentration caps, and exposure caps per event or category
- Run simulations and backtests on historical order books
- Perform extreme VaR and ES analysis
- Tune parameters for insolvency versus utilization tradeoffs
Benefits
- Equity
- Competitive pay
- Work with an elite founding team
- Be very early in an exponentially scaling industry
Hiring Process
Submit an application with name, email, resume, and responses to questions about relevant Polymarket lending-modeling experience, interest in prediction markets, relocation or New York City status, and how the candidate heard about the role.
