Uniswap announces Q2 financials report, reveals over $3m committed in grants

The Uniswap Foundation revealed financial health in its latest report with $36.81 million in assets and millions in new grant commitments for Q2.

The Uniswap Foundation, a non-profit organization dedicated to supporting the growth of Uniswap, has released its financial summary for Q2, as part of its ongoing commitment to financial transparency. In a blog post on Aug. 7, the foundation outlined that it held $36.81 million in cash and stablecoins, with only 680,000 in $UNI tokens.

The organization explained that cash and stablecoins are designated for grantmaking and operational activities, while the $UNI tokens are reserved for “employee awards.” The foundation anticipates these funds will sustain its activities through the end of 2025, with allocations set at $26.12 million for grants and $10.69 million for operational expenses.

Uniswap’s Q2 operating expenses | Source: Uniswap Foundation

In Q2, the foundation committed over $3.2 million in new grants and disbursed nearly $2.5 million from previously committed grants.

In total, by June 30, the organization committed $7.55 million in grants for the year, with $5.27 million disbursed. Operating expenses for the quarter totaled $1.6 million, of which 8.2% were allocated to advertising and marketing, while payroll expenses and professional fees were allocated 47.9% and 35.2% respectively.