Uniswap Founder: Wins Patent Infringement Lawsuit Against Bancor

Uniswap founder Hayden Adams posted on the X platform stating that lawyers informed him that Uniswap has won the lawsuit.

Previously, Bprotocol Foundation and LocalCoin Ltd. filed a lawsuit in the U.S. District Court for the Southern District of New York, accusing Uniswap Labs and Uniswap Foundation of infringing on their patent related to the constant product automated market maker (CPAMM) infrastructure obtained in 2017.

Bancor claims that Uniswap used its core smart contract technology without authorization and is seeking damages. A spokesperson for Uniswap Labs previously stated that the lawsuit is baseless and argued that its protocol code has been publicly available for years.