Crypto Job Listings Plunge 97%: CEX Dominates Hiring, AI Skills Surge

Crypto Job Listings Plunge 97%: CEX Dominates Hiring, AI Skills Surge

N
News Editor
2026-06-29 20:01:20
According to Tiger Research, as of June 18, 2026, active crypto job openings stood at only 2,932, down over 97% from an estimated peak of 130,000 in 2022. The layoff wave continued into H1 2026, with March being the most concentrated month; companies including Gemini, Crypto.com, Algorand, OP Labs, PIP Labs, and Messari all announced layoffs. After three rounds of cuts, Messari was acquired by Blockworks for ~$10 million, down from a $300 million valuation. Centralized exchanges (CEX) accounted for 30.8% of openings (904 posts), mainly from OKX, Bybit, and Binance. Stablecoin and payments roles made up 13.4%, concentrated at Tether and Ripple. Demand for AI skills in crypto job postings rose from 23% in early 2025 to 53.1% in March 2026.
crypto hiringlayoffscentralized exchangeAI skillsMessari acquisitionTiger Researchmarket analysis

Crypto Hiring Market: Active Listings Drop Below 3,000, Down 97% from Peak

According to the latest report by Tiger Research, as of June 18, 2026, the crypto industry had only 2,932 active job openings, a decline of over 97% compared to the estimated peak of approximately 130,000 positions in 2022. This data highlights the severe contraction in workforce demand after multiple market downturns.

Layoff Wave Continues into H1 2026; Multiple Well-Known Firms Cut Staff Simultaneously

The report indicates that the crypto layoff wave did not subside in the first half of 2026. March was the most concentrated month for layoffs, with companies such as Gemini, Crypto.com, Algorand, OP Labs, PIP Labs, and Messari all announcing workforce reductions simultaneously. Some firms, after multiple rounds of layoffs, were forced to sell at low prices. For example, after three rounds of layoffs, Messari was acquired by Blockworks for about $10 million in June 2026, down from a previous valuation of $300 million.

Hiring Structure: Centralized Exchanges Dominate; Stablecoin & Payments Highly Concentrated

By distribution, centralized exchange (CEX) positions accounted for the largest share at 30.8% (904 openings), primarily contributed by OKX, Bybit, and Binance. The stablecoin and payments sector represented 13.4% of listings, but these roles were heavily concentrated at just two companies: Tether and Ripple. This shows that even in emerging verticals, job supply remains dependent on a few leading players.

Skill Demand Shift: AI Capabilities Become a Key Criterion

The report also highlights a rapid rise in the proportion of crypto job postings mentioning artificial intelligence (AI) skills: from 23% in early 2025 to 53.1% in March 2026. This indicates that even traditional crypto roles are increasingly valuing candidates' knowledge in AI, reflecting a growing demand for hybrid technical talent across the industry.

This article was originally published by Bit.Fan. For more cryptocurrency news and market insights, visit www.bit.fan.
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