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Uniswap founder Hayden Adams stated that lawyers have informed him that Uniswap won the patent infringement lawsuit against Bancor. Previously, Bprotocol Foundation and LocalCoin Ltd. filed a lawsuit in the Southern District of New York, accusing Uniswap Labs and Uniswap Foundation of infringing on their patents related to constant product automated market maker (CPAMM) infrastructure obtained in 2017. Bancor claimed that Uniswap used its core smart contract technology without authorization and is seeking damages. A spokesperson for Uniswap Labs previously stated that the lawsuit is baseless and argued that their protocol code has been publicly available for many years.