On-Chain Researcher

Company Overview

hermeneutic research is a best-in-class proprietary trading firm. It deploys research-driven discretionary and systematic strategies as well as makes strategic long-term investments. The partners' decade-long history of success in trading and business building and a firm-wide cultural emphasis on alpha generation, open debate, relentless iteration, and teamwork are key to the firm's continued expansion in a challenging market environment that has hamstrung competitors. A hard-wired emphasis on risk management and opportunistic market participation ensure that hermeneutic research will continue its growth trajectory in the coming decades.

Job Overview

We are seeking an experienced crypto-native researcher to join our alpha-generating research team at hermeneutic Investments.

The ideal candidate combines deep on-chain analytical capability with strong market intuition and a demonstrated ability to independently generate trade ideas. This role is focused on identifying actionable opportunities across crypto markets through blockchain analysis, market structure research, real-time event interpretation, and exploratory data analysis.

Candidates should possess strong familiarity with Bitcoin, EVM ecosystems, and major non-EVM blockchains, alongside the ability to rapidly investigate unfamiliar protocols, entities, and market events. Successful researchers in this role are highly self-sufficient: they are capable of independently sourcing data, navigating APIs and SQL datasets, leveraging modern analytical and LLM tooling, and rapidly validating hypotheses under time pressure.

This role is designed for individuals who enjoy uncovering informational and structural market inefficiencies through deep technical investigation and creative research.

Responsibilities

Alpha Generation & Research

• Generate differentiated trade ideas through on-chain analysis, market structure understanding, and thematic research.
• Identify emerging trends, positioning imbalances, capital flows, behavioral patterns, and structural inefficiencies across crypto markets.
• Rapidly investigate market-moving events and determine whether observed activity represents noise, positioning, or actionable signal.
• Conduct exploratory research across Bitcoin, EVM ecosystems, and non-EVM blockchains to identify asymmetric opportunities.
• Use on-chain activity, market behavior, and historical context to develop actionable trading insights.
• Continually evaluate new analytical frameworks, datasets, and publicly available research to improve research capabilities and thematic coverage.

Blockchain Analysis