Amazon has listed a job posting titled “head of product, blockchain,” that is looking for an individual who is passionate about decentralized networks. 

“Do you want to define the future direction for how Amazon Web Services (AWS) will enable customers to solve problems and innovate with blockchain technology across a wide range of industries and use cases?” asks the post. 

The basic qualifications for the job are straightforward and include a university degree and “strong technical acumen.” 


Under “preferred qualifications,” however, Amazon clarifies that “experience in decentralized finance is a plus.” 

Amazon is hoping to find someone with experience in blockchain frameworks and, specifically, applications, including Ethereum. 

The growth of DeFi

DeFi has grown in leaps and bounds over the last year. 

After the total value locked in DeFi applications this time last year was at just over $1 billion, the industry expanded to new heights. In May of this year, DeFi hit an all-time high in total value locked in just under $90 billion. 

Today, the DeFi industry’s total value is $59 billion, a fair distance from its all-time high. 

Chart with a rising orange line.
Total Value Locked in DeFi since June 2020. Source: DeFi Pulse

Many in crypto remained excited by the world of decentralized finance, including Mark Cuban, Dallas Mavericks owner and now well-known crypto bull. 

Earlier this month, Cuban said that DeFi staking is one of the chief reasons behind Ethereum’s price increase, which he described as “uncapped.” 

“I saw something that said two million people are using DeFi right now,” he previously told Decrypt, adding, “That’s a whole lot of money that’s not going through the banking system.”

Daily Debrief Newsletter

Start every day with the top news stories right now, plus original features, a podcast, videos and more.