Risk & Trading Lead

About the Company

Somnia is the Agentic Chain - a hyper-performance L1 operating at an order of magnitude faster than existing networks. Developed by the Somnia Foundation and backed by Improbable, Somnia facilitates a new wave of on-chain applications from DEX to Prediction Protocols.

Responsibilities

• Own the risk surface of the perp book including margin thresholds, liquidation waterfalls, ADL conditions, and insurance-fund sizing
• Define and monitor dashboards, alerts, and intervention thresholds for real-time book health
• Manage the incident playbook for market stress events such as cascading liquidations and oracle deviations
• Run DreamVault, the in-house market-making and liquidation engine, managing strategy, inventory, and PnL
• Build systematic strategies to seed liquidity and depth on the book
• Model yield-bearing-book incentives and align quoting strategies
• Provide feedback to product teams regarding risk and market-structure requirements

Requirements

• Hybrid profile with quant/systematic-trading depth and exchange risk-management experience
• Hands-on experience with perp DEX mechanics (funding, margin, and liquidation) in an on-chain setting
• Ability to transition between risk dashboards, strategy backtesting, and production quant codebases
• Comfort working with fully on-chain venues and algorithmic enforcement
• AI-native working style using AI tooling for research, monitoring, and code
• Sound judgment and ownership during market stress

Preferred Qualifications

• Experience building or running a market-making bot in production
• Background at a prop shop, market maker, or derivatives desk (CEX or TradFi)
• Experience using AI agents or LLM tooling in strategy or monitoring workflows
• Familiarity with reactive, event-driven execution