The Uniswap Foundation announced $ 140.3 million in income and $ 12.4 million in new subsidy obligations in its Q1 2025 Financial Report.
A report By Uniswap (Uni) Foundation on 23 May stated that the majority of income came from a donation of $ 140 million that was authorized by Uniswap Governance, with the rest from interest and dividends. From March 31, the Foundation had $ 53.4 million in USD and Stablecoins, 15.8 million Uni -Tokens and 257 Ethereum (ETH), a total of around $ 95 million.
Another 5 million uni was used as collateral for a loan of $ 29 million, giving the foundation access to cash and at the same time limiting the impact of the market restriction. A total of $ 115.1 million is reserved for subsidies, $ 99.8 million for 2025 and 2026 and $ 15.3 million for earlier obligations. The foundation has also reserved $ 33.3 million to cover activities and personnel compensation until January 2027.
Of the $ 12.4 million in new Q1 grants, $ 9.9 million were devoted to multi-year programs that run until 2029. Some subsidies include reimbursement options from Unichain Partners, depending on performance goals.
The Q1 strategy of the foundation was aimed at strengthening Uniswap and its Layer-2 network, Unichain, as an important infrastructure for global digital financing. Priorities include improving capital efficiency in EVM chains, financing developer tools and education, expanding sustainable income models and supporting long-term contributors.
Excluding $ 100,000 in Uni -Tokens given to the staff, the operating costs for the quarter amounted to $ 1.9 million. Costs include marketing, software, events, legal and consultancy costs and salaries.
The update comes after Uniswap has reached several important milestones, such as the launch of Unichain at the beginning of 2025 and achieving a lifelong trade volume of $ 3 trillion. In February, the Securities and Exchange Commission closed its research into Uniswap Labs without taking action, a movement that is generally considered positive for the decentralized financial ecosystem.
A financial update of Q2 follows more information about subsidies, expenditure and the financial position of the foundation.
