Bancor asserts that Uniswap has profited greatly by deploying Bancor's patented technology without consent

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Bancor, the creator of a smart contract-based automated market maker, is suing Uniswap for patent infringement, alleging the decentralized finance exchange has used its technology without permission and profited significantly from it.

The lawsuit claims Uniswap’s original protocol, launched in November 2018, uses the same CPAMM design without authorization. Bancor alleges Uniswap has “profited greatly” by deploying its intellectual property without consent.

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