Bancor’s CPAMM patent covers essential structures that enable decentralized, automated on‑chain token swaps without relying on centralized intermediaries or order books

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The lawsuit, filed in the U.S. District Court for the Southern District of New York, specifically centers around Bancor’s Constant Product Automated Market Maker (CPAMM) model. Bancor is a liquidity protocol with a total value locked (TVL) of around $59 million, according to DeFiLlama. Patented in 2017, the CPAMM mechanism enables on-chain token swaps without the need for order books.

Bancor claims Uniswap infringed on its 2017 patent covering core structures that enable automated onchain token swaps without centralized intermediaries.

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