One of the fascinating parts of this survey for me is that it reveals why crypto continues to break all sorts of traditional finance shit, relentlessly, and cannot seem to stop. Your finance folks in this survey are making $100-$137k salaries, and your median token and bonus incentives are in the $10s of k range. There are associates on trading desks who make 3x that. Associates! For those who don't know, the seniority ladder in finance is analyst/associate/vice president/director or executive director/managing director. Once you get into VP/Director/MD level at banks, million to multi-million dollar annual compensation packages are commonplace. To be clear for the tech folks since they do this differently, this is each and every year they get that much, meaning a good trader or banker can easily rack up $6mm+ in equity compensation over a three or four year run. Just like finance often doesn't pay their tech people and so gets the lower tiers, tech doesn't pay their finance people and so gets the dregs. Anyone who is good in the finance world is likely either founding their own companies (hi!) or staying in tradfi. Something for all the fintech and crypto founders to think about, perhaps? And the VCs buying pitches that these people are somehow going to build world-class financial implementations with third-class talent?