The State of the DeFi & Crypto Job Market

Written by Hugo Lennard

Trying to get a job in Crypto or DeFi? Look no further, it’s what we do.

Why work in Crypto & DeFi?

Since 2009, Bitcoin has outperformed nearly every other asset class in existence. What started as a niche movement, has evolved into a burgeoning financial system that is now attracting some of the largest institutional players in the space.

However, the price of Bitcoin isn’t the only thing that has exploded – crypto-based roles on  LinkedIn have also spiked, increasing nearly 400% between 2020 and 2021, as some of the smartest and brightest minds look toward crypto for their next opportunity.

In 2022, the industry has encountered some speed bumps, with 1,700 people reportedly losing their jobs in June alone. However, despite what many critics are proclaiming, it isn’t all doom and gloom. The crypto market remains alive – with many industry leaders, such as Binance and Kraken, ramping up their hiring efforts.

Funny thing is, they aren’t alone. Andreessen Horowitz (a16z), one of the biggest VCs in the space, recently created a mammoth $4.5 billion fund to invest in crypto and blockchain companies. What does this show? That the big players haven’t moved their focus away from crypto, and neither should you.

No of vacancies for blockchain related rolesImage source

Opportunities are rife for those looking to enter the space, and if you are interested in working for a crypto or DeFi company, there is no better time than the present – for the demand for people with crypto and DeFi skills is higher than ever.

What is DeFi?

DeFi, short for Decentralised Finance, allows you to do everything that your bank does, without the need to jump through 15 hoops or sign a short novel worth of paperwork.

Simply put, It allows everyday people to gain access to financial services, such as earning interest, borrowing, lending, purchasing insurance, trading derivatives, assets, and more, without the need to go through a broker or bank.

DeFi markets don’t require anyone’s permission and never close, so you can trade, send money or interact with whomever you want, whenever you want – all you need is an internet connection, a wallet and some crypto!

Why should I work in DeFi?

Why should you consider transitioning to this new, highly volatile sector? A few thoughts spring to mind:

Join A Fast Growing Industry & Help Build A Fairer Financial System

Crypto is a unique industry. The room for growth is almost unparalleled and the industry is still in its infancy – meaning anybody who joins now, will be helping to pioneer and develop the space.

Want to find out more about who is hiring and what kind of roles they are looking to fill? Check out our previous blog post here.

percentage growth of different jobs

Image source

There Is Huge Demand For Good DeFi Candidates

Blockchain-based roles, including DeFi and crypto roles, have seen unprecedented growth as people look to skill up and work for the firms ushering in this new era of finance. Given the infancy of the sector, finding thought leaders and experts in their craft is more challenging than you might anticipate – especially considering how niche some of the skills are!

This is the perfect opportunity to get your foot in the door at the next tech unicorn or start learning a new skill in an exciting and unique industry.

Dive Into An Inclusive and Global Culture

DeFi is all about creating an inclusive and fair financial system that gives equal opportunities to all. As you can imagine, this ethos is echoed throughout the industry. Crypto is a truly global office – the vast majority of roles allow you to work remotely and many teams come from a variety of different backgrounds and cultures.

Your Earning Potential Is Higher

Well, amongst other things, the salary and rate of career progression are considered to be much higher than average. For example, an entry-level smart contract developer could earn between $90,000 – $150,000 annually, with that only growing further as more high-level roles start to surface.

Not a dev? Don’t worry – DeFi isn’t a sector reserved for the technically savvy – and anyone with an active interest in cryptocurrencies or decentralised finance already has a huge advantage. From senior engineers to operation managers, product leads, PR and communications specialists, community managers, marketing leads, and many, many more.


Kickstart your career in DeFi

The best way to kickstart your career in DeFi? Be passionate about it – attend events, get involved with communities, keep up to date with the latest trends –what might start out as a hobby may naturally develop into something more.

Want a headstart? We’re here to help. Every month, we help place numerous candidates in high-profile blockchain and DeFi roles.

On the other side of the pool and struggling to find? Share your job spec with us and let us do the hard work – you never know, someone in our database of candidates could be your next employee of the month.

Reach out to us at to find out more.


DeFi Recruitment
  • Hugo Lennard

    Hugo Lennard