Dune cut 25% of its staff this week as the crypto data platform restructures around AI-powered analytics and institutional demand for on-chain data.
We are restructuring Dune to center our focus on our core data products, which thousands of customers across the crypto industry rely on. Unfortunately, this week we have had to lay off 25% of our team. These are great people that I can wholeheartedly recommend – please contact me if you are…
— hagaetc (@hagaetc) May 14, 2026
CEO and co-founder Fredrik Haga said the layoffs are part of a move to strengthen Dune’s focus on core data products used across the crypto industry. He said the company remains well-capitalized and will focus on two major changes: AI and bringing institutions on-chain.
The reorganization comes as Dune expands its AI product stack. The company recently introduced Dune MCP, a model context protocol server. This gives AI agents access to Dune’s data warehouse spanning over 100 blockchains, decoded smart contracts, and curated datasets. This tool is designed to help users create dashboards and workflows without writing SQL or managing data infrastructure.
Dune said its extensive platform supports blockchain data queries, APIs, DataShare and dashboards across over 100 chains. The company’s website says it serves more than 1 million users and is trusted by more than 20,000 companies, including customers such as Base, OP Labs, 1inch, and Blockworks.
Haga framed the restructuring around broader market changes as financial assets move on-chain. He said Dune is investing in a data layer and more advanced institutional services as currencies, stocks, bonds, commodities and other assets move to blockchain-based rails.
The company was founded in 2018 and has become one of the most widely used analytics platforms in cryptocurrencies by making blockchain data searchable through public dashboards and SQL-based queries.
