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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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.

Bancor alleges that Uniswap used the invention to create its protocol, launched in November 2018. The two organizations are considered competitors in the sector of decentralized finance (DeFi).

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