Are auditors really making $10k+ a week?
Heyo,
Jules here, from Cyfrin.
Are smart contract auditors really making over $10,000+ every week?
Well, It depends.
We've asked tens of auditors to produce our smart contract auditors salary report for 2023.
Here’s the TLDR 👇
💰 How much money are smart contract auditors making? How do smart contract researchers monetize their skills?
First, what's the global average?
Global average salary for a smart contract auditor is $105,000 a year, with salaries ranging from $33,000 to over $200,000.
How to determine where you’d be in that scale?
🐣 Experience matters: Entry-level auditors earn between $50,000-$80,000, whereas mid-level auditors earn $80,000-$120,000, and senior auditors can earn from $120,000 to $200,000 or more.
🌎 Regional differences: In the US, the average salary is $130,000, while in Europe it's around $70,000, and in India, it's approximately ₹10,00,000 or $12,000.
Key factors influencing salaries
🐣 Experience level: From entry-level to senior auditors, experience plays a significant role on the salary range.
🌎 Region: As we might have expected, cities like San Francisco, New York, and Singapore offer higher salaries.
🚀 Company size: And larger auditing companies tend to pay more.
💸 Trending additional income streams:
Competitive Auditing: Platforms like CodeHawks and CodeArena reward auditors based on the vulnerabilities they uncover.
Solo Auditing: Many auditors have decided to start working independently, setting their fees based on experience, skill set, and project complexity - usually leading to greater salaries as well added entrepreneurial risk and marketing resources.
— 🔗 Want to dive deeper? Here’s the full report with more insights!
Want to level up?
👩🏻🎓 Want to level up your blockchain development skills? Cyfrin Updraft is the ultimate learning platform to learn smart contract development and auditing. Entirely for free!
💰Monetize your smart contract developer skills on CodeHawks by auditing smart contracts for protocols.
📚 Learn about smart contract attacks by leveraging Solodit, the world’s largest library of smart contract vulnerabilities!
Always feel free to reach out if there’s anything we can support or collaborate on.
Sending lots of cyber love,
Jules 🤸🏻
