Uniswap Foundation Spends $5.8M in 2024 to Power Developer Growth, Governance, and Operations

The Uniswap Foundation has released its 2024 financial report, revealing nearly $5.8 million in expenditures across operations, audits, salaries, and ecosystem engagement while pulling in just over $1.1 million in revenue from donations, dividends, and interest.

According to the report , staffing comprised the lion’s share of the budget — $3.13 million went toward employee salaries, benefits, and taxes. The Foundation also spent $1.68 million on professional services such as legal counsel, accounting, and technical audits to keep its decentralized operations compliant and secure.

Marketing and community engagement remained a key pillar in 2024, with around $290,000 directed at advertising, web development, and event organization. Travelling and attending external conferences and industry events cost another $174,000 during internal operations. Insurance premiums, particularly for director and officer coverage, added another $290,000. Despite these significant expenditures, the Foundation finished the year with a strong financial position, holding $29.8 million in fiat and stablecoins and 0.59 million UNI tokens designated for grants, operations, and team incentives through 2025.

Natalia Ra, Uniswap Foundation’s head of finance, highlighted 2024 as a “critical inflection point,” noting the organization’s intensified focus on ecosystem alignment and long-term value capture. Major initiatives in 2024 concentrated on strengthening the Uniswap developer base and building governance infrastructure.

Grant funding played a major role in the Foundation’s strategy. Of the $14.8 million committed in 2024, $9.9 million was disbursed, with $3.1 million released in Q4 alone. Nearly one-third of the funds, amounting to $4.59 million, supported developer onboarding through global hackathons and Uniday programs, introducing over 1,000 new contributors to the Uniswap ecosystem. Additional allocations included $2.19 million for research and $1.54 million for governance development, highlighting the Foundation’s commitment to decentralizing decision-making and fostering innovation.

Additionally, Uniswap launched its much-anticipated “Uniswap v4,” the latest upgrade of the popular DEX, on January 31. The Foundation confirmed that v4 is live on Ethereum, Polygon, Arbitrum, OP Mainnet, Base, BNB Chain, Blast, World Chain, Avalanche, and Zora Network.

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