Dune Analytics Cuts 25% of Staff, Doubled Down on AI and Institutional Crypto Data

Dune Analytics announced a significant restructuring Thursday, laying off 25% of its staff while doubling down on artificial intelligence and institutional adoption of blockchain data.

The crypto data provider, which has served major cryptocurrency companies since 2018, is shifting its product focus to two core areas: AI-powered data tools and financial institutions moving assets onchain.

The platform emphasized it remains well capitalized and committed to its mission of making crypto data accessible.

"We're all-in on two shifts: AI and institutions coming onchain," the company stated in its announcement. Dune said it has built the only end-to-end stack for crypto data infrastructure, encompassing ingestion, quality assurance, storage, cleaning, normalization, and querying.

A key product in this strategy is Dune MCP, which allows teams and agents to build dashboards and workflows without requiring SQL knowledge or managing data infrastructure costs. The platform noted it already serves "virtually every leading crypto company" and is now expanding to serve major financial institutions as traditional assets like currencies, stocks, bonds, and commodities migrate onchain.

Dune characterized the affected employees as "exceptional people" and encouraged hiring managers to reach out for crypto talent. The company has weathered multiple market cycles since its 2018 founding, outlasting other crypto data providers that have shuttered during downturns. The restructuring underscores a broader industry shift toward institutional-grade infrastructure and AI-integrated tools for blockchain data analysis.

Sources: Dune Analytics (Official)

This article was produced with the help of AI flows.