BlockBeats message, April 1, the Uniswap Foundation released unaudited financial highlights; as of December 31, 2025, the Foundation’s total assets were $85.8 million, including $49.9 million in cash and stablecoins, 15.10 million UNI tokens, and 240 ETH. Current funding reserves are expected to support operations through January 2027.
Regarding the intended uses of funds, about $106.2 million has been allocated for ecosystem grants and incentive programs, and another $26.3 million for operating costs and employee token rewards. Operating expenses for the full year of 2025 were $9.7 million (excluding token compensation), while interest income during the same period was $1.7 million. The above funding plan may be adjusted due to governance changes triggered by the recently approved UNIfication proposal.
In 2025, the Uniswap ecosystem continued to expand steadily. Key developments include the launch of Uniswap v4, the deployment of the Unichain mainnet, and the activation of the UNIfication fee switch. In addition, Uniswap also proposed enabling protocol fees in v3 liquidity pools and expanding to more on-chain deployments. At the institutional level, BlackRock and Securitize have recently connected to Uniswap for direct on-chain trading for its BUIDL tokenized fund.
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