Uniswap Foundation Reveals 2025 Financial Report and Extended Runway
The Uniswap Foundation has released its unaudited financial report for the 2025 fiscal year. Published on 31 March, the summary details how funds were allocated, spent, and projected for the coming period. The organisation also confirmed its operational runway extends into early 2027. Over the course of FY2025, the Foundation distributed $11 million from earlier funding commitments. An additional $26 million was pledged to new grants during the same period. In total, $106.2 million was directed toward grants and incentives by year-end.
Operating costs for the year reached $9.7 million. At the close of 2025, total assets amounted to $85.8 million based on market valuations. These included $49.9 million in cash and stablecoins, along with 15.1 million UNI tokens. The Foundation also held 240 ETH in its reserves.
The UNIfication governance proposal, a key initiative, received approval on 26 December 2025. With its current financial position, the Uniswap Foundation expects to sustain operations until at least January 2027. The report highlights continued investment in grants and incentives while maintaining a stable asset base. The approved governance proposal marks a further step in the organisation's development.