Uniswap Foundation Discloses Q1 Financial Overview: Allocates $115.1M for Grants, Operating Funds Sustainable Through January 2027

BlockBeats News, May 23rd, the Uniswap Foundation released its Q1 2025 Financial Summary. As of March 31, 2025, the assets held include $53.4 million in cash and stablecoins, 15.8 million UNI tokens (measured in UNI), and 257 ETH. Based on the closing price on March 31, 2025, the total value of these tokens is approximately $95 million. Additionally, another 5 million UNI is held externally as collateral, and the Foundation has obtained a $29 million loan against this collateral. This loan is structured through a financial instrument to enable the Foundation to access immediate USD liquidity without causing significant market impact, providing downside protection for the collateral assets, and retaining additional upside potential.

The held USD cash and stablecoins will be used to fund grants and day-to-day operations, while a significant UNI reserve will serve as a future operational funding pool, maintaining room for further upside potential. The projected operational cycle can be sustained until January 2027, with fund usage allocation as follows:

For grant commitments and incentives, the Foundation has reserved a total of $115.1 million: $99.8 million will be committed expenditure in 2025 and 2026, with an additional $15.3 million used for historical commitments that have been promised but not yet paid. For operational expenses and employee token rewards, an estimated $33.3 million is expected to be used to support operations until January 2027.