Uniswap Foundation reports $95M in assets, securing funding through January 2027.
Uniswap Foundation has released its Q1 2025 financial report, showing a strong reserve position and clear long-term funding strategy. As of March 31, the Foundation reported holding approximately $95 million in total assets. These include $53.4 million in USD and stablecoins, 15.8 million UNI tokens, and 257 ETH. The majority of these funds originated from a $140 million donation approved through Uniswap governance. Additional revenue was generated via interest and dividends.
To maintain market stability and liquidity, the Foundation secured a $29 million loan using 5 million UNI tokens as collateral. Part of the total assets or $115.1 million, has been designated for disbursing grants. It covers $99.8 million for 2025 and 2026 and $15.3 million for past spending. A further $33.3 million will support both operational and staff operations until the end of January 2027. They are included to encourage the growth of Uniswap as well as to keep the ecosystem financially robust.
Q1 Grants Focus on Long-Term Growth and Protocol Expansion
The Foundation committed $12.4 million in new grants during Q1, with $9.9 million allocated to long-term programs running through 2029. Some of these grants offer repayment terms linked to performance targets, especially those provided to Unichain Partners. The report highlights a strategic focus on enhancing the Uniswap protocol and the layer-2 network, Unichain, to strengthen the global digital finance infrastructure.
Development goals for the quarter included improving capital efficiency across EVM-compatible chains, investing in developer tools and education, and building sustainable revenue frameworks. The Foundation also emphasized support for long-term contributors to ensure ongoing innovation within the protocol. Operating expenses, excluding $100,000 in UNI allocated to staff, totaled $1.9 million. These covered marketing, legal and consulting fees, software development, events, and salaries.
Uniswap Marks Milestones Amid Regulatory Green Light
The financial update follows notable achievements for Uniswap in 2025, including the early-year launch of Unichain and the milestone of reaching $3 trillion in lifetime trading volume. In a regulatory development seen as favorable for the project, the U.S. Securities and Exchange Commission closed its investigation into Uniswap Labs in February without pursuing enforcement. Meanwhile, at press time, Uniswap (UNI) was trading at $6.09, a 6.30% decline over the past 24 hours. The token experienced notable price fluctuations during the day, with a high of $6.61 and a low of $5.95. Its market capitalization now stands at approximately $3.83 billion. Additionally, the 24-hour trading volume has decreased by 14.91%, totaling $362.58 million. The drop in both price and trading activity suggests reduced buying momentum, despite maintaining a circulating supply of 628.68 million UNI tokens.