---
title: 'Backend Engineer at August'
canonical: 'https://feeny.ai/job/backend-engineer-august-united-states-dhf6ng0wb62h'
type: 'job'
last_seen: '2026-09-08'
---

# Backend Engineer at August

- **Company:** August
- **Location:** United States
- **Employment:** full-time
- **Work type:** hybrid
- **Posted:** 2025-09-09
- **Last confirmed live:** 2026-09-08
- **Apply:** https://jobs.gem.com/augustdigital/am9icG9zdDr-cYbo963rxiXAVJypMyw6

## Job description

August is building institutional onchain infrastructure. Our first vertical is on-chain prime brokerage targeted at crypto-native institutions to enable an order of magnitude better capital efficiency. Our second vertical is [Upshift](https://upshift.finance/), a vaults-as-a-service platform. We have raised a $16m between Seed and Series A from leading crypto and fintech investors. Our product is live with over $550m TVL and $45bn volume processed in 2025.

As a Backend Engineer, you will be responsible for designing and implementing scalable solutions to integrate August infrastructure with third party DeFi protocols on-chain. This includes parsing smart contract functions and transactions as well as backend pricing services. You will work closely with our backend engineering and sales trading team to scale August’s infrastructure across blockchains.

## Responsibilities

- Develop scalable backend systems in a Python micro-service architecture, to integrate on chain and off chain code for digital asset management.
- Collaborate with other engineers to design and implement solutions that integrate with blockchain and traditional finance systems
- Write code which is: clean — Pythonic, testable, and makes appropriate use of design patterns
- Design and implement data models and storage systems using PostgreSQL

## Qualifications

- Bachelor's or Master's degree in computer science, software engineering, or a related field
- 3+ years of experience in backend software development
- Demonstrated proficiency with design patterns and OOP in Python and micro-services architectures
- Experience with Postgres or other SQL databases
- Experience with MongoDB or other NoSQL databases
- Knowledge of blockchain and traditional finance systems is a plus
- Strong problem-solving skills and ability to work in a fast-paced environment

If you are passionate about on-chain finance and want to work with an elite team of engineers and researchers to build the next generation of digital asset infrastructure, we encourage you to apply for this exciting opportunity at August.

## About August

## Company Overview
- **One-liner**: August Digital builds institutional infrastructure for on-chain capital markets, operating a crypto prime brokerage and a DeFi vault platform called Upshift.
- **Entity Type**: Private (Series A)
- **Headquarters**: New York, United States
- **Founded**: 2023 (as Fractal Network)
- **Founders**: Aya Kantorovich and Alexandre Elkrief (Co-CEOs)

## Core Business
- Primary industry/industries: Cryptocurrency & Blockchain Infrastructure, Financial Technology (FinTech)
- Target customers: B2B — Institutional clients including trading desks, funds, protocols, DAOs, and treasuries (prime brokerage); Fintechs, neobanks, and asset managers (Upshift vault infrastructure)
- Mission or purpose statement: To expand the digital economy by providing institutional-grade, capital-efficient technology for assets on-chain, replacing opaque counterparty risk with transparent, programmable infrastructure.

## Products & Services
- **[August Prime Brokerage]**: Institutional-grade on-chain prime brokerage. Provides secure smart-contract accounts with pricing and risk engines that allow institutions to borrow, lend, trade, and settle spot, derivatives, and DeFi positions from a single, auditable on-chain account.
- **[Upshift (Vaults-as-a-Service)]**: A DeFi vault infrastructure platform for fintechs and asset managers. Allows clients to launch custom yield vaults (multi-protocol yield, card settlement financing, RWAs) across 30+ chains and 80+ protocols, with built-in institutional risk controls. Offers an SDK for embedding vaults into existing products.

## Market Standing
- **Valuation/Market Cap**: Not publicly available
- **Key Metric**: Total Funding of **$16M**; Annual Revenue of **$1.2M** (per LinkedIn); Cumulative trading volume of **$45B**; Monthly volume of **~$7B**; Upshift peak TVL of **~$500M** with **$50B** in trading volume processed.
- **Notable Investors/Partners**: Dragonfly Ventures (led Series A), Hack VC (led Seed), SCB Limited, 6th Man Ventures, Foresight Ventures, FinTech Collective, Robot Ventures, Maven11. Named partners include Ethena, SwissBorg, Agora, Monarq, TAC, K3, and Senatora.
- **Growth Signals**: Raised a $10M Series A in March 2025; launched Upshift in April 2025 with 40+ vaults launched since; processes ~$7B in monthly volume with 150+ institutional clients; workforce distributed across 7 countries.

## Competitive Advantages
- **On-Chain Transparency**: Replaces opaque, trust-based prime brokerage with real-time, on-chain risk measurement, programmatic collateral management, and automated liquidations.
- **CeFi + DeFi in One Architecture**: The only infrastructure that routes capital through both DeFi protocols and CeFi venues in a single, auditable system.
- **Institutional-Grade Risk Engine**: Proprietary policy engine enforcing chain, protocol, token, and function-level restrictions on every transaction.
- **Production-Ready Infrastructure**: Vault contracts, risk controls, NAV accounting, fee logic, and withdrawal processing are pre-built, allowing clients to launch in weeks, not quarters.

## Strategic Focus
- **Expand Upshift**: Scale the vaults-as-a-service platform to onboard more fintechs, neobanks, and asset managers, offering yield products across lending, basis, market-making, and RWAs.
- **Deepen Institutional Prime Brokerage**: Continue to serve the 150+ institutional clients and grow volume by connecting more protocols and CeFi venues.
- **Cross-Chain & Multi-Protocol**: Maintain leadership in supporting 30+ chains and 80+ protocols, making yield accessible from diverse sources.

## Why Work Here
- **High-Impact, Small Team**: A senior, lean team of ~16 people where engineers own critical product surfaces end-to-end and directly shape the product and company direction.
- **Cutting-Edge Technology**: Work at the intersection of traditional finance and DeFi, with smart contracts, blockchain infrastructure, and real-time financial systems processing real money 24/7.
- **AI-First Engineering Culture**: The company actively integrates AI tools (Copilot, Claude, Cursor) into the workflow and provides a token budget for engineers to boost productivity.
- **Culture & Perks**: Hybrid culture (East Coast time zone preferred, NYC a plus), unlimited PTO, health/dental/vision insurance, 401(k) plan, and multiple team offsites and retreats per year.
- **Direct Client Exposure**: Engineers have the chance to work directly with business partners and clients.

## Sources
1. [upshift.finance](https://www.upshift.finance/)
2. [LinkedIn - August Digital](https://linkedin.com/company/fractal-network)
3. [Built In - Full Stack Engineer Job Posting](https://builtin.com/job/full-stack-engineer/9324235)
4. [Yespresso - August Digital Profile](https://yespresso.io/august-digital)
5. [Gem - August Digital Careers](https://jobs.gem.com/augustdigital)

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