Hayden Adams: Uniswap Wins Patent Infringement Lawsuit Against Bancor

Odaily News Hayden Adams posted on the X platform, stating that his lawyers informed him that Uniswap has won the lawsuit. Previously, Bprotocol Foundation and LocalCoin Ltd. filed a lawsuit in the U.S. District Court for the Southern District of New York, alleging that Uniswap Labs and the Uniswap Foundation infringed upon their patent related to the Constant Product Automated Market Maker (CPAMM) infrastructure obtained in 2017. Bancor claimed that Uniswap used its core smart contract technology without authorization and sought damages. A Uniswap Labs spokesperson had previously stated that the lawsuit was baseless and argued that its protocol code had been publicly available for years.