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Uniswap Foundation: Holds $49.9 Million in Cash and Stablecoins, 15.1 Million UNI, and 240 ETH

On April 1, 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 $8.58 million at the time). In terms of grant commitments and incentives, a total of $106.2 million has been allocated. Of this, $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 designated for operational expenses and employee rewards. For 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 year-end prices). Additionally, the foundation earned $1.7 million in interest income from its fiat holdings.

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