[Hiring] On-Chain Researcher @hermeneutic research

Role Description

We are seeking a crypto-native on-chain researcher to join the research team. You will support our senior researchers with real-time monitoring and attribution, helping the team keep continuous coverage of market-moving on-chain activity.

The core of this role is on-chain attribution and monitoring:

• Identifying who is behind wallets, clusters, and flows, and doing it accurately while handling uncertainty.
• Accurate attribution underpins everything else we build on top of it, including charts, alerts, and monitoring workflows.

This is an opportunity for a talented on-chain researcher to work in a highly collaborative environment with access to substantial data, technology, and trading infrastructure.

Responsibilities

• Attribution & Blockchain Analysis
  • Perform entity attribution, wallet clustering, and transaction graph analysis across account-based and UTXO-based blockchains.
  • Investigate unknown wallets and clusters, weighing the evidence and stating confidence honestly before conclusions are shared.
  • Analyze exchange flows, treasury and insider activity, token unlocks, vesting, and cross-venue capital movement.
  • Investigate unfamiliar protocols, entities, and market events quickly and report what the on-chain data does and does not show.
• Real-Time Monitoring & Coverage
  • Monitor on-chain activity and market events in real time for potentially tradeable signals, and escalate them to the senior team.
  • Build and maintain monitoring workflows, dashboards, and alerts for themes and entities of interest.
  • Communicate complex blockchain activity clearly and concisely to researchers and traders, including under time pressure in volatile markets.
  • Provide coverage and backup for senior researchers when colleagues are out.
• Research Support & Tooling
  • Support senior researchers on exploratory analysis across Bitcoin, EVM ecosystems, and major non-EVM blockchains.
  • Query and analyze blockchain datasets using SQL and APIs, including our internal data platforms, to validate hypotheses quickly.
  • Use modern analytical and AI-assisted tooling to speed up attribution, summarization, and ad hoc research.
  • Collaborate with engineering on datasets, monitoring systems, and research tooling.

Qualifications

• 2 to 3 years of experience in blockchain analysis, crypto research, or a related field.
• Demonstrable, hands-on experience with on-chain attribution: wallet clustering, entity analysis, and investigating unknown addresses.
• Publicly available research or analysis that we can review before interviews (for example, threads, reports, dashboards, or write-ups).
• Working familiarity with Bitcoin, EVM ecosystems, and at least one major non-EVM blockchain.
• Understanding of how on-chain activity such as exchange flows, unlocks, and treasury movements relates to market behavior.

Requirements

• Working proficiency in SQL and APIs, with experience querying large blockchain datasets.
• Experience with blockchain analytics and visualization platforms such as Dune, Flipside, Arkham, Nansen, Etherscan, Solscan, or similar tools.
• Familiarity with Bitcoin's UTXO model and associated transaction analysis techniques.
• Python or a similar language for research and prototyping.
• Good judgment about what is signal and what is noise in incomplete or fast-moving data.

Preferred Qualifications

• Experience at a trading firm, hedge fund, market intelligence firm, or crypto-native research organization.
• Experience building monitoring dashboards, alerts, or information aggregation workflows.
• Experience interpreting real-time market events, such as unlocks, governance actions, liquidations, hacks, and bridge movements.
• Familiarity with derivatives positioning or cross-venue flows.
• A network within the crypto ecosystem and familiarity with key entities, protocols, and information channels.

Interview Process

• CV Screening – We will review your application based on the qualifications and experience outlined above.
• Phone Interview – A discussion with the Talent Acquisition Partner to better understand your background, career motivations, and overall alignment.
• Written follow-up – A few short written questions on your on-chain research process, reviewed by the research team.
• First Interview – Interview with our On-chain Research Lead on your experience and general technical knowledge.
• Second Interview – A deeper look at your attribution methodology, how you validate on-chain signals, and your public research.
• CIO Interview – A concluding discussion to evaluate cultural fit, strategic alignment, and how you resonate with the firm's values.

Company Values

• Drive – We believe the best team members are deeply passionate about what they do.
• Ownership – We aim to extend ownership as broadly as possible across the firm.
• Judgment – We value those who see the big picture and focus on what truly drives impact and results.
• Openness – We foster a culture of open communication, mutual challenge, and shared growth.
• Competence – We work with people who bring exceptional intellectual strength.
• Resilience – We perform under pressure and embrace uncertainty.