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Unveiling the Crypto Industry Salaries: Is a Million-Dollar Annual Salary Really That Easy?

Based on Dragonfly's 2025 crypto industry compensation report, salaries across most roles and regions have declined, though the market is stabilizing. Key findings show engineering remains the highest-paid core function, while product management sees explosive growth at senior levels, with US-based executives earning $391k-$484k. The industry is inherently global, with Europe as a major hiring hub, and remote work remains dominant. Entry-level positions are scarce, comprising under 10% of roles. Salaries for software engineers in the US range from $89k (entry) to $236k (executive). Crypto engineers see steep growth after gaining expertise. Notably, US-based senior individual contributors often outearn managers in design and other functions. Business development shows the highest growth from entry to mid-level roles. Founder salaries increase with funding rounds, with US founders consistently earning more than international peers. The report highlights a "barbell structure" where high compensation concentrates at entry and senior levels, squeezing mid-career professionals. Overall, cash salaries lead in the US, but international roles often compensate with higher equity and token allocations.

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