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.”

Quotes that support claims

In response to the lawsuit, Hayden Adams, the CEO of Uniswap Labs, called the filing “possibly the dumbest thing I've ever seen” in a post on X earlier today. He added that he looks forward to not thinking about this “until a lawyer tells me we won.”

"This lawsuit is meritless, and we will defend ourselves accordingly," said a spokesperson for Uniswap Labs in a written statement to The Block. "The code for the Uniswap Protocol is public and has been for years. What a wasteful distraction at a time of historic momentum for DeFi."

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