A recent survey by Pantera Research Lab reveals that women in the cryptocurrency industry earn nearly 15% more than their male counterparts on a median salary basis, indicating a reversed gender wage gap.
The median salary for full-time working women in the U.S. crypto sector is $172,000, compared to $150,000 for men, according to the survey. Pantera researchers Matt Stephenson, Ally Zach, and Nick Zurck shared these findings on July 29, noting the unusual trend compared to typical wage gaps in other industries.
Traditionally, women earn $0.84 for every dollar men make in non-crypto sectors. However, the relatively equitable wages in the crypto industry suggest a move towards greater gender equity, highlighting a progressive trend in this emerging field.
Pantera’s survey, conducted from June 4 to July 20, 2024, gathered data from 502 full-time U.S.-based crypto employees through professional networks such as LinkedIn, X, newsletters, and emails.
One factor contributing to higher salaries for women may be their greater experience in crypto companies, with a median tenure of 5.3 years compared to 4.5 years for men. Additionally, women hold a larger proportion of mid-level to senior positions, while more men occupy entry-level roles as they transition into the industry.
Despite these gains, Pantera’s researchers acknowledge that women still face challenges in the crypto industry. For instance, only three of the top 50 crypto CEOs in 2023 were women, according to a report by Forex Suggest.
Nevertheless, both men and women in the crypto industry earn higher salaries than those in many other professions.
