Bancor sues Uniswap over alleged use of patented DEX technology

Bancor’s developers have filed a lawsuit against Uniswap Labs and the Uniswap Foundation, claiming they used Bancor’s patented constant product automated market maker (CPAMM) technology without permission, according to The Block. Filed in New York, the suit alleges Uniswap’s protocol, launched in 2018, relies on Bancor’s 2016 invention. Bancor is seeking damages and aims to protect its intellectual property to prevent harm to DeFi innovation.