Quant Engineer Prediction

🧠 Company Overview (Clear Pitch)

You’re building a next-gen prediction market / sports trading platform with:

• Permissionless deployment as the core growth driver
• A vault-based system managing risk and liquidity
• A parlay engine enabling multi-leg bets across categories
• An evolving order book + liquidity programme for market makers

Right now, the focus is:

• Improving UX + product depth until permissionless deployers scale
• Building foundational systems (parlays, vaults, liquidity)

🧩 What They’ll Work On- Greenfield project

1. Parlay System (Core Hire) - DO NOT MENTION THIS IN CALL - MEDET WILL TELL PEOPLE ABOUT IT

How to sell- One of the first prediction markets on DEX connected directly with hyperliquid

Design and build a system where:

• Users can create multi-leg parlays across different categories
• Constraints exist (e.g. no duplicate bets in one slip)
• Pricing + validation logic ensures fair and consistent outcomes

Key twist:

• Parlays are backed by a central vault

2. Vault-Based Risk Engine

• The vault acts as the counterparty
• It:
• Prices risk dynamically
• Adjusts exposure limits
• Reduces availability when risk concentration is too high

This creates:

• A yield opportunity for liquidity providers
• A controlled risk environment for complex bets

3. Prediction Market Infrastructure

• Similar to sports betting, but more flexible
• Eventually tied into:
• Permissionless market creation
• Composable market structures

💰 Compensation

• Base: $150k – $250k USD
• Sweet spot: ~$200k USD
• Equity:
• ~0.1% – 0.2% after 12 months
• Tied to impact (not just tenure)
• Bonus: can be discussed but not rev generating yet
• Limited short-term (pre-revenue scale)
• Negotiable if candidate brings clear revenue upside

👥 Hiring Roadmap

• Current: Parlay / vault systems
• Next: CMO + Frontend hires

🔍 Interview Process

1. Stage 1: Intro (product + fit with Medet Founder)
2. Stage 2: Technical

• Mix of:
• Quant thinking
• System design
• Practical engineering

Stage 3: Compensation / close

🎯 Key Candidate Profile

Ideal background:

• Built parlay systems or complex betting products
• Experience with:
• Risk engines
• Pricing models
• Market structure / trading systems
• Bonus:
• Crypto / DeFi exposure
• Vault / AMM / liquidity design

Sharp Screening Questions

Use these to quickly qualify:

Core

• “Have you built or worked on a parlay system before?”
• “How would you design a system preventing duplicate or correlated bets in a single slip?”
• “How would you manage risk exposure in a shared liquidity vault backing user bets?”
• “What mechanisms would you use to throttle or adjust pricing as exposure increases?”