Bancor alleges Uniswap Labs and the Uniswap Foundation built their protocol using its patented Constant Product Automated Market Maker (CPAMM) design without permission

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In the lawsuit, Bancor alleges that Uniswap has used its patented technology underpinning the constant product automated market maker (CPAMM), the core mechanism powering the Uniswap Protocol. Bprotocol and LocalCoin claim this constitutes unauthorized use of proprietary technology.

The lawsuit was filed by the Bprotocol Foundation, a nonprofit supporting the development of the Bancor Protocol, and LocalCoin Ltd., Bancor’s original developer. The complaint, filed in the U.S. District Court for the Southern District of New York, alleges that Uniswap’s protocol is built on Bancor’s patented constant product automated market maker (CPAMM) infrastructure.

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