In the suit, Bancor alleges Uniswap – a DEX with nearly $5 billion in TVL – has used this system since launching its first version in 2018 and continued to build on it through to its latest v4 release in January.
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Bancor Sues Uniswap for Allegedly Stealing Core DeFi Technology
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Uniswap significantly outperforms Bancor in key decentralized‑exchange metrics, including daily trading volume and total value locked
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Bancor alleges that Uniswap has used its patented CPAMM design since launching Uniswap’s first version in November 2018 and continued through its latest v4 release in January 2025
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