Uniswap

The Uniswap Foundation, which oversees the decentralised exchange Uniswap, said it can operate until early 2027 with its current funds.

As of Dec. 31, 2025, the foundation had about $85.8 million in assets. An unaudited financial summary disclosed on its governance forum shows it holds $49.9 million in cash and stablecoins, 15.1 million UNI tokens and 240 ETH.

The funding allocation sets aside $106.2 million for grants and incentives to expand the ecosystem, and $26.3 million for operating costs and staff token rewards.

The foundation added that its projected operating runway could change depending on governance changes linked to the recently approved UNIfication proposal.

Based on The Block data, Uniswap remains among the top players in fee revenue in the decentralised finance market and is competing with lending platform Aave.

In 2025, it pursued key projects including the launch of Uniswap v4, the launch of the Unichain mainnet and a UNIfication fee switch, The Block reported. Annual operating costs, excluding token-based compensation, were $9.7 million, and it also generated $1.7 million in interest income from its fiat holdings, it said.

Keyword

#Uniswap #Uniswap Foundation #UNI #ETH #UNIfication
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