[Hiring] Market Analyst @Douro Labs

Role Description

Douro Labs is the core development team behind the Pyth Network. We're looking for a Market Analyst to track the crypto markets, specifically prediction markets and perpetual futures, and turn that understanding into business opportunities for Pyth.

This role is for an analyst who can read the market and explain why it matters to us:

• Pull on-chain and venue data to quantify a new trend one hour.
• Write reports that convince the team to act on findings.
• Cover the market side by monitoring events, trader conversations, volumes, and new venues across prediction markets and perps.
• Translate research into a clear picture of our users and concrete opportunities for Pyth.

Location: Remote (US or Europe)

Type: Full-time

Reports to: Head of Technical Operations

Qualifications

• Background as an analyst at a crypto research firm or in a research/data role at a perps exchange or prediction market.
• Deep understanding of prediction market and perpetual futures market structure.
• Active in trader communities and comfortable picking up signal from X, Discord, and Telegram.
• Proficient with data analysis tools (SQL, Python, Dune or similar).
• Strong writer with a track record of research that drives decisions.
• Analytical and a self-starter, comfortable owning a research agenda independently.
• Comfortable with startup pace and evolving scope.

Requirements

• Track news, launches, and structural shifts across prediction markets and perpetual futures.
• Monitor trader conversations to spot sentiment shifts and emerging trends early.
• Follow volumes, open interest, funding rates, and market share across major venues.
• Connect recent events to their impact on Pyth and share timely takeaways with the team.
• Maintain a current view of the competitive landscape, including oracles and data providers serving these markets.
• Research prediction market and perps protocols to understand how they use price data.
• Map who our users are, what they need, and where current solutions fall short.
• Build dashboards and datasets the team can use to follow these markets.
• Turn research findings into concrete product ideas for Pyth.
• Size opportunities using market and on-chain data.
• Work with product, engineering, and BD to prioritize and pressure-test ideas.
• Track how launched initiatives perform against the original thesis.
• Write clear, convincing research reports for internal and external audiences.
• Present findings and recommendations to leadership.
• Build a repeatable research process the team can rely on.

Benefits

• Remote work flexibility.
• Startup-level speed and agility in a dynamic DeFi space.
• Opportunity to shape how Pyth grows in prediction markets and perpetual futures.