Uniswap Foundation 2025 Financial Summary: Holding 15.1 million UNI and 240 ETH, with a total grant of 106.2 million USD

The Uniswap Foundation released an unaudited financial summary as of December 31, 2025. By the end of 2025, the foundation holds $49.9 million in cash and stablecoins, 15.1 million UNI, and 240 ETH (valued at approximately $85.8 million at the time).

In terms of grant commitments and incentives, a total of $106.2 million has been allocated. Among them, $87.5 million is for pending grant commitments, and $18.7 million is reserved for previously committed grants, awaiting distribution. An additional $26.3 million is allocated for operating expenses and employee rewards.

In the fiscal year 2025, the foundation's total operating expenses amounted to $9.7 million, excluding 450,000 employee rewards distributed in UNI tokens. The foundation also obtained 20.3 million UNI tokens from the Uniswap treasury through the Uniswap Unleashed proposal (valued at approximately $11.4 million at the end of the year). Additionally, the foundation earned $1.7 million in interest income from its fiat holdings.