A serious legal challenge is underway in the DeFi market. Old-timer Bancor Protocol (BNT), one of the original innovators behind automated market maker (AMM) technology, has filed a patent infringement lawsuit against Uniswap Labs and the Uniswap Foundation, alleging infringement on their patented AMM technology.
The lawsuit, filed in the U.S. District Court for the Southern District of New York, alleges that Uniswap has been unlawfully using Bancor’s patented “constant product AMM” model since its 2018 launch, technology that Bancor claims it invented and patented as early as 2017.
The plaintiffs, Bprotocol Foundation and LocalCoin Ltd., are now seeking damages for what they describe as years of unauthorized exploitation by Ethereum’s leading DEX. https://www.businesswire.com/news/home/20250520621182/en/Bancor-Files-Patent-Infringement-Lawsuit-Against-Uniswap-Over-Unlicensed-Use-of-Foundational-Technology-Behind-Decentralized-Exchanges
Bancor Crypto Claims It Built The Technology Behind Ethereum’s Biggest Exchange
Mark Richardson, Bancor’s project lead, stated, “for the last eight years, Uniswap has been using our patented technology… without our permission,” adding that allowing such unchecked use threatens innovation across the DeFi landscape.
Despite the aggressive legal move, the market dynamic between the two protocols paints a brutal reality: Uniswap continues to dominate the DEX space with $3.8 billion in 24-hour volume, while Bancor trails at less than $400,000, ranking outside the top 100.
(Source)
Still, the suit marks a pivotal moment in crypto’s maturing legal landscape and could shape how intellectual property is treated in open-source blockchain innovation going forward. https://cryptohead.io/news/bancor-sues-uniswap-over-alleged-patent-infringement-in-defi-technology/
But what does this mean for UNI price in the short term?
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UNI Price Analysis: Will Bancor Lawsuit Dent UNI Price Gains?
As Uniswap continues to grind to the upside, UNI crypto is trading at a market price of $6.47 (representing a 24-hour change of +4.17%).
This comes as price action bounces off an ascending local trendline, as UNI completes the bullish double-bottomed support pattern that emerged on the high time frame.
With confidence reassured of lower trendline support, price action is now targeting a breakout high to the $7.5 resistance level, which aligns with the bullish pendant pattern formed by our trendlines.
(UNIUSDT)
Shifting attention to the RSI, which is steadily heating up, while technically now at a bearish signal around 56.2, the oscillator remains at a decent degree of upside capacity, suggesting upside could reach $7.5 in the coming days.
If a foothold at $7.5 can be established, then $9.6 forms the ultimate target in the short term, representing a critical recovery back to the lofty heights of the 200DMA.
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Why You’re About to Miss the Smartest Trade of the Cycle
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