Uniswap Foundation Reveals 2024 Financials with $5.7M in Expenses and Robust Reserve

The Uniswap Foundation disclosed its 2024 financial results, reporting nearly $5.8 million in operating expenses against $1.11 million in revenue. Major spending was allocated to payroll, which accounted for $3.13 million, as well as professional services including legal, accounting, and audits amounting to $1.68 million. Other expenses included advertising, marketing, external events, office costs, insurance, and hackathons. Despite the high operating costs, the Foundation ended the year with a strong reserve of $29.8 million in fiat and stablecoins, and 0.59 million UNI tokens, earmarked to support grants, operational costs, and team incentives through 2025. The financial report highlights a strategic focus on bolstering the Uniswap developer community, with substantial investments in developer support programs and hackathons that onboarded over 1,000 new developers. Additionally, significant funds were committed towards research and governance initiatives to underpin the platform’s long-term sustainability and ecosystem growth.