Particle.news
Download on the App Store

Uniswap Foundation Releases FY2025 Report Showing $85.8 Million in Assets

The unaudited filing signals post‑UNIfication changes will reset its runway.

Overview

  • The foundation reported $85.8 million at year‑end 2025, with $49.9 million in cash and stablecoins, 15.1 million UNI, and 240 ETH.
  • It earmarked $106.2 million for grants and incentives, plus $26.3 million for operations and employee token awards.
  • Governance approved the UNIfication overhaul on Dec. 26, 2025, creating a new entity called DUNI that restructures the foundation’s role and will prompt a Q1 2026 update to its runway outlook.
  • The group committed $26 million in new grants during 2025 and disbursed $11 million tied to earlier awards.
  • The treasury received 20.3 million UNI from the Uniswap Treasury through the Unleashed proposal, valued at about $114 million at year‑end, which materially expanded reserves.