Dune cuts 25% of staff to focus on AI and crypto data

Dune cut 25% of staff to focus on AI-driven crypto data tools for institutions, citing efficiency gains. The company remains well funded and committed to its mission.

Dune, a leading crypto data firm, has announced a 25% reduction in its workforce as part of a major restructuring. The move is aimed at sharpening the company’s focus on artificial intelligence and institutional onchain data products. Since 2018, Dune has served top crypto companies, but is now shifting its product strategy to prioritize AI-powered tools and services for financial institutions as more assets transition onchain. Central to this new direction is Dune MCP, a platform that allows teams and AI agents to build dashboards and workflows without requiring SQL expertise. The company remains well capitalized, having raised significant funding, and continues to support a broad range of clients across the crypto industry. The layoffs are attributed to efficiencies gained from AI investments and reflect a wider industry trend toward automation and institutional adoption. Dune reaffirmed its commitment to making crypto data accessible and encouraged other firms to consider its departing employees for new opportunities.