Join KuCoin Quant Alpha: Leveraging $50 millions capitals to facilitate the PnL winners

Join KuCoin Quant Alpha: Leveraging $50 millions capitals to facilitate the PnL winners

10/24/2024, 14:26:58

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Dear KuCoin Users,

KuCoin is seeking Quant Teams for Asset Management Collaboration. We invite quant teams to join us in exploring the vast potential of cryptocurrency quantitative trading for our mutual benefit.

Benefits of Collaboration:

  • Competitive Borrowing Limits: Secure and stable fundings.
  • Attractive Profit Sharing Ratio: Enjoy favorable revenue-sharing arrangements.
  • Low Trading Fees and API Support: Leverage competitive rates and robust technical assistance.
  • Dedicated Client Manager Service: Receive timely support for any trading issues.

Ideal Candidates Should:

  • Currently manage assets exceeding $10 million.
  • Provide over one year of live trading performance records.
  • Achieve an annualized return of at least 15%.
  • Maintain a maximum drawdown of 1%, with an absolute cap of 3%.
  • Implement a comprehensive risk control system, with 24/7 monitoring of market conditions and account performance.

Product Overview:

Product Type

Asset Management

Funding Amount

Min. 1 Million

Max. 5Million

Strategy Preference

Conservative strategies targeting annualized returns of 15%+ with a maximum drawdown not exceeding 3%.

Leverage

Max 5x

Cooperation Models and Profit Sharing

KuCoin provides the principal funds, while the asset manager contributes subordinate capital (5%).

Profit Sharing Rules:

【Option 1】

  • KuCoin charges a fixed annual interest of 4.5% for USDT/USDC, 2% for BTC, 3% for ETH, and 3% for SOL, settled quarterly.
  • Floating returns are shared based on performance tiers:
    • Below 10%: KuCoin : Asset Manager = 70:30
    • 10% to 15%: KuCoin : Asset Manager = 60:40
    • Above 15%: KuCoin : Asset Manager = 50:50

* New team is not required to pay the Financing Fee in the first 90-days. And if the quant manager could reach a min 10% annual returns ongoingly, the Financing Fee can be waived continuely. 

【Option 2】

  • KuCoin charges a fixed annual interest of 4.5% for USDT/USDC, 2% for BTC, 3% for ETH, and 3% for SOL, settled quarterly.
  • Floating returns KuCoin : Asset Manager = 50:50

Settlement Method: Profit sharing will be settled quarterly.

Funding Disbursement

Funds will be allocated to either the asset manager’s account or a KuCoin-provided account. The asset manager must maintain sufficient USDT as subordinate capital for future trading. Please note that asset management and subordinate funds cannot be withdrawn.

Settlement Rules

All profits will be settled quarterly based on the agreed cooperation model.

Risk Control

a) The asset manager must submit a monthly net asset value report.

b) If drawdown exceeds 50% of the maximum drawdown (1.5%), the product will enter a net value warning state. The manager must communicate the reasons for losses to the fund provider in real time and provide updates every 24 hours.

c) If drawdown exceeds 80% of the maximum drawdown (2.4%), the manager will be prohibited from opening new positions and will lose control of the account, with the situation managed through mutual agreement.

d) If drawdown reaches 100% of the maximum (3%), the fund provider will close all positions in the account and regain control, with losses absorbed by the subordinate account.

Trading Fee Offered 

Spot:-1bps (maker) / 3.5bps (taker)

Futures: -0.8bps (maker) / 2.5bps (taker)

 

How to Join KuCoin Quant Alpha Program:

Please fill out the application form, and we will contact you within 24 hours: https://forms.gle/EBsEaa54P1ZrzXUB7

If you have any questions regarding the program, please reach out to us via email at vip@kucoin.com or on Telegram: @KuCoin_Elia @KuCoin_MM_KA

 

Best regards, 

The KuCoin Team 


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