Sui (sui) 
Uniswap Foundation’s 2024 Financial Report Highlights $5.8 Million in Operational Spending
The Uniswap Foundation, a non-profit organization supporting the Uniswap decentralized exchange platform, revealed its 2024 financial report showcasing a total expenditure of $5.79 million, contrasted by $1.11 million in revenue from donations, dividends, and interest.
Major Breakdown of 2024 Expenses
Payroll expenses accounted for the largest portion of the Foundation’s budget, totaling $3.13 million. This figure covered salaries, employee benefits, and associated taxes. Professional services such as legal consultation, accounting, and technical audits amounted to $1.68 million.
Marketing and advertising costs were approximately $290,000, which were allocated to web design, agency work, and event hosting. The Foundation also spent $174,000 on external events, including travel and conference attendance. Office-related expenses, such as software, transaction fees, and internal team activities like offsite events, reached $116,000.
Insurance costs, primarily directors and officers coverage, stood at $290,000, while hackathons incurred expenses of nearly $116,000.
Financial Reserves
By the end of 2024, the Uniswap Foundation maintained strong financial reserves, including $29.8 million in fiat and stablecoins, along with 0.59 million UNI tokens. These assets are earmarked for grants, operational expenses, and team incentives through 2025.
Grants and Developer Support
In 2024, the Foundation allocated $14.8 million for grants, of which $9.9 million was disbursed throughout the year. Notably, $3.1 million was distributed in the fourth quarter alone. A significant portion of these funds—$4.59 million—was dedicated to developer support initiatives. Programs such as Uniday and global hackathons helped onboard over 1,000 new developers into the Uniswap ecosystem.
Additional expenditures included $2.19 million for research grants and $1.54 million to support governance projects aimed at enhancing Uniswap’s social and governance infrastructure.
“2024 marked a critical inflection point for the Uniswap Foundation, as we laid the groundwork for ecosystem alignment and value capture. Over the past year, Uniswap Foundation initiatives drove the growth and activation of the Uniswap developer community, accelerating the social and governance infrastructure that sustains them.”
The Foundation’s financial strategy demonstrates a commitment to fostering innovation and growth within the Uniswap ecosystem while maintaining healthy reserves to support its long-term objectives.
