Salary, role & skills of a DeFi Analyst
A DeFi Analyst must be "plugged" into the Blockchain & Crypto world and must know what’s happening, what’s working, and what’s not working.
A DeFi Analyst must be "plugged" into the Blockchain & Crypto world and must know what’s happening, what’s working, and what’s not working.
1. Salary of a DeFi Analyst
The Average Annual Salary of a DeFi Analyst based on location is:
North America: $ 145,000
Remote: $ 95,000
South America: $ 65,000
Europe: $ 63,000
Asia: $ 45,000
2. What does a DeFi Analyst do?
As a DeFi Analyst, you would:
Search for profitable crypto market opportunities: Undervalued tokens & projects, Testnets, P2E/M2E projects, Ambassador programs, Nodes, DeFi, NFT, Parachain Auctions, Whitelists, Airdrops, ICO / IDO / IFO / IEO.
Build financial and valuation models.
Create innovative market projects based on crypto assets.
Design and implement token economics.
Design ecosystems for crypto assets.
Analyze competitive solutions, protocols, and ecosystems.
Build project development roadmaps.
Participate in the creation of Whitepaper & other strategic documents.
Build token entry strategies on the secondary market (CEX, DEX).
Performing daily analysis of the crypto market.
Identify new crypto products.
Produce tokenomic templates & strategies for fungible tokens & NFTs.
Work with the business development team in partner negotiations & project evaluations, by providing tokenomics guidance.
Build dashboards to monitor token economy health & liquidity.
Actively research emergent tokenomic models.
Analyze existing NFT projects and tokens.
Prepare models and simulations for new projects.
Analyze the impact of deployed changes and new features on the token economy.
Conduct protocol analysis from a financial & token engineering perspective.
Conduct in-depth research on various chains & protocols and evaluate the underlying mathematical designs.
Produce detailed and insightful reports based on thorough analysis and evaluation.
Perform quantitative analysis of blockchain data.
Track trends across the DeFi ecosystem.
Provide speedy & high-quality research on issues that will impact product roadmap & feature prioritization.
Follow key metrics & development of various blockchains in order to influence development strategy.
Research on Web3 tools.
Contribute to building Web3 projects.
Analyze pricing & loan conditions of various DeFi lending products, both on retail and institutional sides.
Continuously conduct competitor analysis.
Collect and provide detailed & insightful reports summarizing the research and report findings.
Participate in AMA about market opportunities and take part in team meetings.
3. Skills of a DeFi Analyst
A DeFi Analyst must have a strong practical understanding of the following:
Blockchain and decentralized finance.
Crypto assets - creation, minting, yield farming, issuing, burning & staking.
DeFi protocols like Bridges, Bridges, Collateralized Debt Position (CDP) protocols, Crypto, Derivative, Projects, Dexes, Farms, Indexes, Lending, Liquid, Staking, Options, Oracles, Payments, Prediction Markets, Staking, Synthetics, Yield & Yield Aggregators.
Crypto & DeFi metrics.
Crypto wallets & DEX operation.
Blockchain Ecosystems like Ethereum, Polygon, Binance Smart Chain, PolkaDot, Avalanche, Solana, etc.
Token engineering, game theory, algorithmic trading & financial markets.
Statistical simulations of complex systems.
SQL and statistical tools such as Python, R, Mathematica, Wolfram Alpha, etc.
Common financial models - modern portfolio theory, generalized hyperbolic distributions & their subclasses, bonding curves, etc.
Big data analysis tools.
Quantitative analytics and quantitative research.
Crypto data providers such as Dune Analytics, Token Terminal, etc.
These are some skills that you must also have:
Strong verbal & written communication skills.
Ability to articulate the results of analysis in an easy-to-understand manner.
Ability to think strategically & see the big picture while working with ambiguity and uncertainty.
An advanced degree or equivalent in economics, computer science, math, or other quantitative disciplines is a huge plus.