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Mark Richardson, project lead at Bancor, stated that filing a patent infringement lawsuit against Uniswap was necessary, citing Uniswap’s continued use of a Bancor invention to gain a competitive advantage
Uniswap significantly outperforms Bancor in key decentralized‑exchange metrics, including daily trading volume and total value locked
Bancor alleges Uniswap Labs and the Uniswap Foundation built their protocol using its patented Constant Product Automated Market Maker (CPAMM) design without permission
Uniswap Labs dismissed the lawsuit as meritless, with a spokesperson pledging to defend the company and CEO Hayden Adams calling the filing “possibly the dumbest thing I've ever seen.”
Bancor has filed a patent infringement lawsuit against Uniswap, accusing the decentralized exchange of unlawfully using its patented automated market maker (AMM) technology
Uniswap Labs dismissed the lawsuit as meritless, arguing that its protocol is open source and has been publicly available for years, with a spokesperson pledging to defend the company and CEO Hayden Adams calling the filing “possibly the dumbest thing I've ever seen.”

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