Introducing the 2025 Paradigm Fellowship

06.16.2025|Caitlin PintavornRicardo de Arruda

Trillions of dollars in stablecoins now flow onchain, where markets run 24/7 and adversarial MEV wars play out by the second. Protocols are created, forked, exploited, and iterated on in the open. With crypto, new financial systems and internet-native economies are being built and battle-tested live.

The frontier is evolving faster than ever – and we’re looking for the people who want to explore it up close.

We’re excited to announce our third annual Paradigm Fellowship: a program for students, recent grads, and dropouts who are curious techno-optimists – drawn to markets, incentive design, and shaping how money moves online. Fellows tend to thrive in fast feedback loops, high-stakes environments, and open-ended experimentation.

Over a two-day retreat on the beautiful Northern California coast, you’ll join 30 other obsessive, deeply technical builders – some already immersed in crypto, others coming from AI, math, economics, trading, or other related fields at the frontier. Together with the Paradigm team and other Fellows, you’ll explore whatever problem space feels most compelling: mechanism design, distributed systems, agentic commerce, applications, developer tooling, and more.

Past Fellows have met cofounders, collaborators, and lifelong friends through the program. Many have gone on to build companies (some funded by Paradigm), join high-growth startups, and pursue advanced research. Today, alumni work full-time in crypto or adjacent fields at places like Paradigm, Circle, Privy, OpenAI, Citadel, Uniswap, Succinct, and more.

The 2025 Paradigm Fellowship runs from September 24th - 26th. Applications will be open until July 25th.

Apply now →

Written by

Caitlin Pintavorn

Partner, Investing & Research

Biography

Caitlin Pintavorn is a Partner at Paradigm. Previously, she was an investor at Insight Partners focused on crypto. Prior to Insight, Caitlin spent time at PathAI and Two Sigma. Caitlin holds a B.A. in Economics from Brown University.

Ricardo de Arruda

Research Partner

Biography

Ricardo de Arruda is a Research Partner at Paradigm. Previously, he was a data scientist and engineer at Allium, focused on blockchain data infrastructure, token incentive design, and detecting inorganic activity. Before that, Ricardo was a quantitative developer at macro-focused investment funds. He studied computer engineering and economics before dropping out of university.

Disclaimer: This post is for general information purposes only. It does not constitute investment advice or a recommendation or solicitation to buy or sell any investment and should not be used in the evaluation of the merits of making any investment decision. It should not be relied upon for accounting, legal or tax advice or investment recommendations. This post reflects the current opinions of the authors and is not made on behalf of Paradigm or its affiliates and does not necessarily reflect the opinions of Paradigm, its affiliates or individuals associated with Paradigm. The opinions reflected herein are subject to change without being updated.

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