Uniswap Foundation’s 2024 financials: A Year of Strategic Spending
In 2024, teh Uniswap Foundation, the non-profit behind the popular crypto exchange, spent $5.79 million on various operations. This was partially offset by $1.11 million in revenue from donations and investments.
Salaries and benefits were the largest expense,totaling $3.13 million. The Foundation also spent $1.68 million on professional services such as legal advice and audits. Marketing and advertising costs came in at $290,000, used for web design and event hosting.
- External events cost $174,000, including travel and conferences.
- Office expenses were $116,000,covering software and team events.
- Insurance, mainly directors and officers coverage, was $290,000.
Despite these expenses, the Foundation ended the year with a healthy reserve of $29.8 million in fiat and stablecoins, plus 0.59 million UNI tokens.
the Foundation committed $14.8 million in grants, with $9.9 million paid out. A significant portion, $4.59 million,went too developer support,helping onboard over 1,000 new developers.
Research grants and governance work received $2.19 million and $1.54 million, respectively.this strategic spending reflects the Foundation’s focus on ecosystem growth and developer community activation.
