Ten-Thousand-Word Interpretation of the Crypto Compensation Report: Huh? Do These People Really Earn This Much?
Dragonfly's 2025 Crypto Compensation Report analyzes salary data from 85 crypto companies, revealing key industry trends. Overall, salaries and token grants have declined across most roles and regions, though the market is stabilizing. Remote work remains dominant, and hiring is inherently global, with Europe as a major hub. Entry-level roles are scarce, making up less than 10% of openings.
Engineering remains core, with US software engineers earning $113k (entry) to $236k (executive). Crypto engineers see steep growth after mid-level, with salaries jumping 85%. Product managers are the highest-paid at senior levels, with US executives making $391k-$484k. Designers face a mid-career squeeze but see significant jumps at senior levels. Marketing shows steady growth, while Business Development has the highest mid-career salary increase.
Founder salaries rise with funding, especially at Series B in the US. Geographically, US roles lead in cash compensation, but international positions often compensate with higher equity and token allocations. The report advises professionals to prioritize learning and growth over initial salary, leverage global opportunities, and consider remote roles for better quality of life.
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