Uniswap Foundation has published its financial results for the first quarter of 2025, highlighting revenue and expenditure details.
Financial Performance of Uniswap Foundation
As of March 31, 2025, the Foundation's financial assets amounted to $53.4 million in USD and stablecoins, 15.8 million UNI tokens, and 257 ETH, totaling approximately $95 million in assets. The significant portion of revenue, amounting to $140 million, was derived from grants approved by Uniswap governance.
Expenses and Fund Allocation
To improve liquidity without adversely impacting the token markets, the Foundation leveraged 5 million UNI tokens as collateral for a $29 million loan. Of the $115.1 million allocated for grant initiatives, $99.8 million is targeted for projects in 2025 and 2026, with $15.3 million reserved to fulfill earlier commitments. An additional $33.3 million has been set aside to cover operational expenses and staff compensation through January 2027.
Strategic Initiatives and New Technologies
During the first quarter, the Foundation awarded $12.4 million in new grants, of which $9.9 million was directed toward multi-year programs set to run through 2029. The Foundation's strategic focus included strengthening Uniswap and its layer-2 network, Unichain, as essential infrastructure for global digital finance. Additionally, the launch of the Soneium network was announced, enhancing asset bridging and user functionality within the Uniswap ecosystem.
The results from Q1 2025 demonstrate the Uniswap Foundation's steady growth and focus on strategic initiatives, which may contribute to the continued development of the ecosystem.