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Founding Hardware Engineer

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Redwood City, CA$150k - $200kFull-timePosted 11mo ago

About the role

Founding hardware engineer role at PAX Markets, focusing on ultra-low latency in-silicon matching engine with hw/sw co-design.

Responsibilities

  • As founding hardware engineer, you will be a core contributor to our ultra-low latency matching engine, implementing its technology as a hw/sw co-design in SystemVerilog, Rust, and C++.
  • Contribute to PAX ultra low-latency in-silicon matching engine development (ASIC/FPGA path) and related HFT infrastructure.
  • Collaborate on exchange integrated high frequency trading logic and λ API integration as part of the hardware/software stack.

Qualifications

  • SystemVerilog
  • FPGA or ASIC design experience
  • Rust and/or C++
  • HFT
  • Protobuf
  • Curiosity and ability to learn
  • Passion for trading and markets

Skills

Required:SystemVerilogFPGA or ASIC design
Nice to have:RustC++HFTProtobuf
Last updated Sep 30, 2026. Interested? Apply on the company site.
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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.

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