BTC research

Martial Systems LLC is seeking a researcher to work on short-dated Bitcoin (BTC) event-style contracts under a fixed research process. This role is separate from the SPY equity research suite and focuses on public, non-commercial research.

About the Role

• Public work on BTC event-style contracts with defined maturity, shadow paths, and aggregate risk metrics.
• Research dashboard for KXBTC15M-style short-dated event contracts, including sample maturity, anonymized shadow P&L paths, aggregate risk metrics, and YES/NO splits.
• Figures are provisional; no CSV downloads or per-market dumps are provided.
• Application of BTCForge (BTC adaptation of GraphForge) to encode product law as typed state graphs and verify pipelines, including hard rails, freeze gates, capacity phase order, and HTS isolation.
• Simulate board-only research—no path P&L or trading signals.

Responsibilities

• Conduct research on short-dated BTC event contracts, focusing on sample maturity, shadow paths, and risk metrics.
• Maintain and update a live public research dashboard for KXBTC15M-style contracts.
• Apply BTCForge infrastructure to ensure verification of research pipelines under defined constraints (e.g., paper default, ask ceiling, order placement restrictions).
• Publish anonymized research aggregates without redistributing proprietary market data or trade tapes.
• Collaborate on capacity and product evaluation, documented in method/baseline PDFs.

Requirements

• Experience with Bitcoin or cryptocurrency markets, particularly short-dated event contracts.
• Proficiency in research methodologies for financial products, including risk metrics and P&L analysis.
• Familiarity with typed state graphs, pipeline verification, or similar infrastructure tools (e.g., GraphForge/BTCForge).
• Ability to work with public APIs and offline analysis of market data.
• Understanding of constraints such as hard rails, freeze gates, and capacity phase ordering.
• Commitment to non-commercial, experimental research; no affiliation with Kalshi or other trading platforms.

Disclaimers

• This is personal, non-commercial research and not investment advice.
• Historical shadow results do not guarantee future accuracy or constitute a performance track record for live trading.
• Martial Systems LLC is not affiliated with Kalshi Inc. or its affiliates.
• Research inputs are sourced from public APIs and publicly available data; no redistribution of proprietary market data or trade tapes.
• Third-party data may be delayed, incomplete, or erroneous; no warranty is provided for completeness or accuracy.