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Just In: Uniswap Hit with Patent Lawsuit Over Alleged Use of Bancor's CPAMM Tech

  • On May 20, 2025, Bprotocol Foundation and LocalCoin Ltd. Initiated legal action in New York against Uniswap Labs and Uniswap Foundation, accusing them of violating Bancor’s patents.
  • In 2016, Bancor developed a novel automated market maker mechanism and submitted a provisional patent application for this innovation in January 2017, laying the foundation for decentralized trading platforms such as Uniswap.
  • The lawsuit alleges Uniswap has used Bancor's CPAMM technology without authorization since Uniswap's protocol launch in November 2018, competing with Bancor's own decentralized exchange.
  • Bprotocol asserted that since another entity has repeatedly utilized their patented technology without permission and in direct competition, they are compelled to pursue legal remedies, including seeking damages for this unauthorized usage.
  • This case highlights intellectual property tensions in DeFi and may influence future patent enforcement and innovation strategies within the sector.
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Crypto Reporter broke the news in on Tuesday, May 20, 2025.
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