Crypto Salaries Are Down This Year Despite Bitcoin's Historic Rally

Despite Bitcoin's record highs, salaries and token incentives in the crypto industry are declining. According to a report by Dragonfly, this downturn is observed across nearly all roles and regions, with both cash pay and incentives shrinking compared to previous years. The report indicates a shift towards cost discipline and structured compensation, marking a cooling period after years of explosive growth. Notably, salaries fell at most levels, with the largest decreases seen in entry-level positions, whereas executive pay saw a slight increase, creating a disparity in compensation. Western Europe continues to lead in crypto labor markets, while Asia's hiring share has significantly increased. Remote work remains prevalent, with over half of firms maintaining a fully remote operating model. Overall, these trends highlight ongoing changes in the crypto landscape as firms adapt to a more structured operational approach.

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