On May 20, 2025, Bprotocol Foundation and LocalCoin Ltd., behind the Bancor Protocol project, filed a lawsuit against Uniswap Labs and Uniswap Foundation in the Southern District Court of New York. The reason is the alleged infringement of patent rights on the constant product automated market maker (CPAMM) technology patented by Bancor in 2017. The lawsuit claims that Uniswap has been using this technology without permission since 2018, generating significant profits. Bancor is seeking damages and a court injunction against the use of CPAMM.
Bancor's CEO Mark Richardson stated that the lawsuit aims to protect innovations for the entire DeFi ecosystem. Uniswap, for its part, called the claims baseless, and CEO Hayden Adams described the situation as 'foolish' and expressed confidence in winning in court. According to DeFiLlama, Uniswap leads in total value locked (TVL), while Bancor ranks 41st. The community is divided: some support intellectual property protection, while others see the lawsuit as a threat to the open-source principles of DeFi. The outcome of the case could affect the future of decentralized finance.
#Bancor #uniswap #defi #CryptoLawsuit #Blockchain
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