Research Analyst

CoinDesk is the most trusted media, events, indices and data company for the global crypto economy. Since 2013, CoinDesk Media has led the story of the future of money and investing, illuminating the transformation in society and culture that comes with it. Our award-winning team of journalists delivers news and unparalleled insights that bring transparency, comprehension and context. CoinDesk Events gathers the global crypto, blockchain and Web3 communities at annual events such as Consensus, the world’s largest and longest-running crypto festival. CoinDesk Indices offers expertise in digital asset indices, data and research to educate and empower investors. For more information on CoinDesk media and events, please visit http://coindesk.com [coindesk.com] and for breaking headlines, data and indices visit http://coindeskmarkets.com [coindeskmarkets.com]

In November 2023, CoinDesk was acquired by the Bullish group, owner of Bullish, a regulated, digital assets exchange. For more information on Bullish, please visit https://bullish.com . CoinDesk operates as an independent subsidiary with an editorial committee to protect journalistic independence.

Reports To

Manager, Research, CoinDesk

The Opportunity

CoinDesk Research is hiring a Research Analyst to produce deep, data-driven research across crypto protocols and exchange markets. This role focuses on analysing complex on-chain and exchange-level datasets and translating them into high-quality written research used in paid client engagements, benchmarks, and flagship reports.

The successful candidate will work closely with Research Engineering and CoinDesk Data infrastructure to build repeatable analytical workflows and contribute to scalable research outputs. This is an individual contributor role suited to a technically strong, crypto-native researcher who values analytical rigor and

clarity of writing.

This position is based in London and will be required to work full-time onsite at our Soho office. Required days onsite are at the discretion of the hiring manager.

What You’ll Do

• Conduct in-depth research on Layer-1 and Layer-2 protocols, including on-chain activity, tokenomics, governance, and ecosystem growth
• Analyse exchange-level market data, including spot and derivatives volumes, liquidity, stablecoin activity, and CEX vs DEX dynamics
• Work extensively with CoinDesk Data APIs and internal datasets, as well as third-party on-chain data sources
• Use Google BigQuery, SQL, and Python to query, clean, and analyse large, complex datasets
• Build repeatable analytical frameworks that can be reused across research reports and client engagements
• Collaborate closely with Research Engineering on data pipelines, dashboards, and automated research workflows
• Produce clear, well-structured written research, ranging from long-form reports to analytical sections within larger deliverables
• Support flagship market quality research, exchange-level analysis, and bespoke client research projects across spot, derivatives, and stablecoin markets
  
  

Required

What You Have

• Crypto-native background with hands-on experience across blockchain ecosystems (e.g. DeFi usage, governance participation, staking)
• Strong understanding of Layer-1 and Layer-2 architectures, rollups, and governance mechanisms
• Proven ability to work with complex datasets and derive original, data-backed insights
• Proficiency in SQL (BigQuery) and working knowledge of Python for data analysis
• Familiarity with on-chain data tools (e.g. Dune, Nansen, Glassnode) and exchange/market data sources
• Strong research writing skills, with the ability to clearly explain complex systems and findings
  
  

Preferred

• Experience in institutional-grade research, crypto investment research, or blockchain analytics
• Exposure to dashboards, data products, or research automation workflows
• Comfort working alongside data engineers or in data-heavy research teams
• Some experience contributing to paid research or advisory deliverables
  
  

EQUAL OPPORTUNITY

In an effort to attract, retain, develop and promote the most qualified individuals, CoinDesk is committed to treating all applicants and employees in a nondiscriminatory manner with respect to the terms and conditions of employment, without regard to race, color, religion or belief, sex, national or ethnic origin, ancestry, age, marital status, sexual orientation, gender identity, veteran status/service, physical or mental disability, or any other classification protected by applicable law. This mandate governs all aspects of employment, including recruitment, selection, promotion, training, education, social and recreation programs, compensation, discipline, termination and access to benefits.

ACCOMMODATION

CoinDesk is also committed to providing reasonable accommodations to individuals with disabilities. If you need a reasonable accommodation because of a disability for any part of the application process, please send an e-mail to [email protected] and let us know the nature of your request.