# Uniswap Foundation: Summary Q2’2024 Financials

Source: https://uniswapfoundation.mirror.xyz/tfK6mZ0Csxq2TOTcSiRZowMkoPl5NWnW8z2dUxsVAZk
Kiwi News: https://news.kiwistand.com/stories/Uniswap-Foundation-Summary-Q22024-Financials?index=0x66b3554586d6ac01b3742ce3787b38ca04470085e73cbe954168567762660bab7dae6e64
Submitted by tim on 2024-08-07 UTC, 2 upvotes, 3 comments

## Comments

**tim**: > On June 30, 2024 we had $36.81 million in USD and stables on hand and UNI 0.68 million (in UNI).

What the fuck, that‘s really not a lot of money considering the impact and reach that they have.

**macbudkowski.eth**: 1.5 years of runway for the most successful DEX? This sounds pretty scary. If Uniswap can't be sustainable, then who can?

Wondering why they're spending so much on grants.

**macbudkowski.eth**: Okay, false alarm.

I asked some DeFi friends, and they told me that, just like with most protocols, there are two entities: Uniswap Foundation and Uniswap Labs.

Uniswap Labs is the entity that receives the money generated by the Uniswap app. The Foundation — which shared its financial statement here — got a big $UNI grant from Labs a few years ago, but it doesn't receive money from the app.