Curve Finance Calls Out PancakeSwap for Code Copying

Curve Finance Accuses PancakeSwap of Unauthorized Code Use

Curve Finance, a platform that facilitates safe stablecoin swaps, has publicly accused PancakeSwap of using its proprietary “StableSwap” code without permission. The feature, designed for trading stablecoins and other tightly‑pegged assets, is central to Curve’s offering.

Curve warns that using this code without a license can lead to legal trouble and security risks.

In a statement posted on X, Curve emphasized that it remains open to collaboration:

“If you want to use StableSwap without legal problems, contact us for licensing and help.”

Curve also cited past incidents—such as the 2022 Saddle Finance hack and a $116 million attack on Balancer in 2025—to illustrate the potential dangers of unlicensed code. These examples underscore why meticulous coding and proper licensing are critical in DeFi.

PancakeSwap responded that it will engage with Curve to resolve the issue. Curve, in turn, reiterated that cooperation is preferable to conflict.

At present, neither party has released a definitive resolution. The dispute highlights the importance of respecting intellectual property within DeFi, especially as protocols continuously add new features that could inadvertently copy or misuse code, exposing users to hacking risks. Clear legal frameworks are essential for maintaining a secure ecosystem.