Uniswap Foundation posts $5.7m in expenses, $1.1m in revenue for 2024

Uniswap Foundation’s 2024 financials show nearly $5.8 million in spending on salaries, audits, events, and admin, offset by $1.11 million in revenue.

In 2024, the Uniswap Foundation, a non-profit organization behind the crypto exchange platform, spent $5.79 million to run its operations while bringing in $1.11 million from donations, dividends, and interest.

According to the Foundation’s latest financial breakdown, payroll made up the biggest chunk of the budget at $3.13 million, which covered salaries, benefits, and taxes. Another $1.68 million went toward professional services like legal advice, accounting, and technical audits.

Uniswap Foundation’s 2024 ops expenses | Source: Uniswap Foundation

Advertising and marketing costs totaled roughly $290,000 and were used for things like web design, agency work, and event hosting, the report reads.

“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.”

Uniswap Foundation’s head of finance Natalia Ra

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The Foundation also spent around $174,000 on external events, including travel and attendance at conferences. Office expenses such as software, transaction fees, and internal team events like offsites came in at approximately $116,000. Insurance — mainly directors and officers coverage — was another $290,000, while smaller outlays included nearly $116,000 for hackathons.

Uniswap Foundation’s 2024 ops expenses | Source: Uniswap Foundation

By the end of the year, the Foundation still had a healthy reserve: $29.8 million in fiat and stablecoins, plus 0.59 million of Uniswap’s UNI (UNI) tokens, which are set aside to keep things going — grants, day-to-day operations, and team incentives — through 2025.

On the grant front, the Foundation committed $14.8 million in 2024 and actually paid out $9.9 million of that, including $3.1 million in the fourth quarter alone. Developer support was a major focus, with $4.59 million going toward programs that helped onboard over 1,000 new Uniswap developers through Uniday and hackathons around the world.

Other big-ticket items included $2.19 million for research grants, and $1.54 million for governance work, the report reads.

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