The Uniswap Foundation released its financial report for the first quarter of 2025, highlighting a robust financial position, with assets valued at approximately $95 million.
According to the document, the foundation holds a 67% market share among decentralized exchanges (DEXs) based on Ethereum. However, the protocol's growth faces legal hurdles after rival Bancor filed a lawsuit for alleged patent infringement, raising tensions in the Automated Market Maker (AMM) sector.
Financial stability ensured
As of March 31, 2025, the Uniswap Foundation had allocated $115.1 million for grants and operations, securing resources until January 2027. The data reveals that the entity has $53.4 million in cash and stablecoins, 15.8 million UNI tokens, and 257 ETH, totaling about $95 million in assets.
Uniswap Foundation Q1 2025 financials. Source: Uniswap Foundation
Uniswap staked 5 million UNI tokens to secure a $29 million loan through a financial instrument that ensures liquidity in USD without significantly impacting the market. The strategy also preserves the collateral and maintains the asset's appreciation potential.
This measure of financial stability aligns with Uniswap's leadership among Ethereum DEXs. On-chain data indicates that the total volume traded on Ethereum's decentralized exchanges over seven days amounts to $16 billion. Uniswap accounts for over 67.6% of this market, with a weekly trading volume of $10 billion.
As previously reported by BeInCrypto, Uniswap surpassed the $3 trillion mark in accumulated transaction volume, moving more than $3.6 billion per day and accounting for 24% of the global volume in DEXs.
Uniswap market share. Source: DefilLama
This reinforces Uniswap's position as the top choice for individual traders and a reliable platform for institutions, driven by its high liquidity and user-friendly interface. This advance also coincides with a resurgence of investor interest in DeFi, especially in light of the significant recovery in ETH and altcoin prices in mid-2025.
Legal challenges
After facing a lawsuit from the SEC, Uniswap is now dealing with new legal challenges involving Bancor, a competitor in the Automated Market Maker (AMM) segment. Bancor filed a lawsuit against Uniswap, alleging patent infringement and accusing the rival of using its technology without permission.
"As innovators and inventors, protecting our intellectual property is crucial for the health of the ecosystem. If companies like Uniswap can act unchecked and without consequences, we fear that this could undermine innovation across the industry, to the detriment of all DeFi participants." Mark Richardson, Project Lead at Bancor, commented.
In response, Uniswap denied the allegations, labeling them as a "costly distraction" and assured that it would defend its rights. Although the lawsuit may affect its reputation and incur legal expenses, the organization has robust financial resources to face these hurdles and continue its expansion trajectory.
Despite these adversities, Uniswap continues to consolidate its leadership in the DeFi sector. Its 67% market share in Ethereum DEXs highlights the platform's attractiveness. However, to maintain this position, it will be necessary to effectively address legal disputes, the launch of Unichain L2, and the intensifying competition from platforms such as PancakeSwap and Curve Finance.
The article 'Uniswap sustains $95 million amid Bancor lawsuit' was first seen on BeInCrypto Brazil.
