# DeFi Quant Research Intern - Digital Assets Market Making   at Keyrock

Keyrock is hiring a DeFi Quant Research Intern - Digital Assets Market Making   in Brussels, Belgium. Level rates it Little AI ●○○○; you can [apply on Keyrock](https://jobsbylevel.com/go/1f3ef70f-4a60-4761-973f-7e8e2601d19c?utm_medium=ai-agent).

AI Level 1, AI centrality 36 out of 100. Brussels.

## Details

- Company: [Keyrock](https://jobsbylevel.com/companies/keyrock)
- AI level: AI Level 1 (score 36 out of 100)
- Location: Brussels
- Posted: October 28, 2026
- Apply: https://jobsbylevel.com/go/1f3ef70f-4a60-4761-973f-7e8e2601d19c?utm_medium=ai-agent
- Free CV review for this job: https://jobsbylevel.com/cv-review?job=defi-quant-research-intern-digital-assets-market-making-at-keyrock-b5343a

## Description

DeFi Quant Research Intern - Digital Assets Market Making - Brussels Since 2017, Keyrock has been a change-maker in digital assets. We're a global, remote-first team of 200+ people across 40+ nationalities, with hubs in Brussels, London, Paris and New York. We provide liquidity across 80+ centralized and decentralized exchanges - a position cemented by our Series C, led by SC Ventures. Today we run a full spectrum of capital markets businesses across centralized and on-chain venues: market making, high-frequency trading, options, OTC, DeFi trading desks, advisory, and asset management. We're building toward the agentic investment banking capabilities for the era of digital finance. A proprietary agentic layer runs the mechanics of the market, so our people can focus on the work code cannot do: the deal, the relationship, and the judgement. We're not just envisioning the future of finance - we're building it. About the Internship Program Our internship programme gives early-career talent the opportunity to build practical skills, contribute to meaningful projects and learn alongside experienced colleagues in digital finance. Typically lasting six months and based in our Brussels office (London possible), each internship includes hands-on experience, clear learning goals and dedicated guidance and regular feedback. We look for curiosity, relevant foundational skills, deep, active interest and passion for digital assets and the potential to grow exponentially with us - you don’t need to arrive with all the answers. Where performance, business needs and available opportunities align, an internship may lead to a permanent role, though this is not guaranteed. We are looking for 3-4 high-caliber Quantitative Analyst Interns to sit within our Strategic Market Making (CeFi and DeFi), Credit and Corporate Development desks/teams (see other openings on our career page for details). Application deadline: 30 November 2026 Start date: 1 March 2027 Selection process: Interview with Talent Acquisition representative Interview with Hiring Manager Recruitment Challenge The role About Strategic Market Making Desk Our Strategic Proprietary Market Making team researches and deploys systematic trading strategies across digital asset markets. Within the DeFi track, we focus on how blockchain mechanics, protocol design and on-chain market structure shape liquidity, execution and risk. As a DeFi Quant Research Intern, you will work alongside quantitative researchers, traders and engineers to study on-chain markets and support the development of data-driven trading strategies. You will analyse blockchain and market data, test hypotheses through backtesting and simulation, build research tooling, and investigate how real-world execution—including gas, transaction ordering, liquidity fragmentation and MEV—affects strategy performance. This is a technical and applied internship. We are looking for someone who combines strong quantitative reasoning and coding skills with genuine hands-on DeFi experience. You should be curious about how protocols work beneath the interface and able to connect blockchain mechanics to market behaviour and trading outcomes. Key Responsibilities - DeFi Quant Research Intern Research on-chain market structure by analysing liquidity, price formation, participant behaviour and execution across decentralized markets. Study how protocol mechanics, transaction ordering, gas, slippage, latency and MEV affect execution quality and strategy performance. Formulate trading hypotheses and evaluate them using blockchain data, market data, backtests and simulations. Build reusable Python tools and data pipelines for research, monitoring and performance analysis. Analyse relationships between centralized and decentralized markets and identify their implications for pricing, hedging and risk. Support live strategies through monitoring, post-trade analysis and investigation of unexpected performance. Present findings clearly, including

The description is cut here. Read the full offer: https://jobsbylevel.com/jobs/defi-quant-research-intern-digital-assets-market-making-at-keyrock-b5343a

Source: https://jobsbylevel.com/jobs/defi-quant-research-intern-digital-assets-market-making-at-keyrock-b5343a

## Cite this page

Level. https://jobsbylevel.com/jobs/defi-quant-research-intern-digital-assets-market-making-at-keyrock-b5343a.

Get job alerts: https://jobsbylevel.com/newsletter