Founding Principal Hardware Engineer
About the role
Lead the design and in-production implementation of an exchange and co-located trading facility on a single silicon device, driving the core technology and future design directions for PAX Markets.
Responsibilities
- Lead the design and in-production implementation of an exchange and co-located trading facility on a single silicon device.
- Lead development of PAX core technology and set future design directions.
Qualifications
- 3+ years experience in hardware engineering (implied from role)
- Experience in high frequency trading or exchange environments (encouraged)
- Strong system-level design experience in FPGA/ASIC contexts
- Background in SystemVerilog, FPGA/ASIC design, Rust and/or C++ (as applicable to role)
- Curiosity and ability to learn; passion for trading and markets
Skills

About PAX Markets
Exchange and co-located trading facility, on a chip.
PAX is a new crypto exchange and is the first – in all capital markets – to operate from a single chip rather than an entire datacenter. PAX moves traders to within nanometers of the exchange – closer than ever before possible. Such proximity unlocks unprecedented value to high frequency customers and PAX shares this value by offering zero-fee with cash-back to every other market participant on every trade. PAX is to exchange as Robinhood was to retail brokerage: the first in the industry to “go to zero” and a complete game changer across every asset and geography. PAX founders, Pete and Ben have spent years working as high-frequency traders, from crypto to traditional markets. Having directly experienced the benefit of electronic trading, they share a belief in its potential to further evolve and create better global markets.
More open roles at PAX Markets
- Founding Hardware Engineer11mo agoRedwood City, CA
- Founding Software Engineer11mo agoSan Francisco, CA · Engineering
