Dune Analytics Lays Off 25 in Restructuring

Dune Analytics, a prominent blockchain data platform, laid off approximately 25 employees this week as part of a restructuring to prioritize artificial intelligence tools and institutional onchain data services.

Cofounder and CEO Fredrik Haga announced the cuts in a post on X on Thursday morning, describing the affected staff as exceptional individuals he would personally recommend to other employers. "We're restructuring Dune to sharpen our focus around the core data products thousands of customers across the crypto industry rely on," Haga wrote. "That unfortunately means we've let 25 of the team go this week." The company did not disclose an exact figure, though third-party data from Tracxn listed Dune's headcount at 143 as of March 2026.

Haga emphasized that the move stems from strategic priorities rather than financial pressures. Dune remains well-capitalized following its $69.4 million Series B funding round in 2022, part of roughly $79 million raised overall. The platform, founded in 2018, enables users to query and visualize onchain data from more than 100 networks, including Ethereum, Bitcoin, Solana, BNB Chain and recently added Stellar for crosschain payment analytics....