VC-backed Compound is alleging that a fast-growing DeFi startup stole its code. The dispute raises questions about what 'open-source' actually means

Quick Take

  • A DeFi startup in China called dForce has seen notable growth in its lending protocol over the past two months.
  • VC-backed Compound says the company stole its copyrighted code – an assertion that appears to be supported by information on GitHub
  • The dispute highlights what “open-source” means in practice for technology firms. 
A lending protocol launched by Chinese decentralized finance (DeFi) platform dForce has gathered steam in recent months – but VC-backed startup Compound says dForce stole its copyrighted code.

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Sep 27, 2021, 5:27PM UTC