Curve Finance Accuses PancakeSwap of Using Its Code Without Permission

[lingriiddd]

The team behind the Curve Finance DeFi platform has accused PancakeSwap of using its code without proper licensing in the latest version of its decentralized exchange, PancakeSwap Infinity. The dispute centers on the “StableSwap” feature, which allows users to swap stablecoins and tightly-pegged assets safely. Curve emphasized that teams seeking to integrate similar functionality should obtain licensing to ensure user funds remain secure.

Curve also highlighted the importance of “deep stableswap expertise” for safely implementing swap features, citing past hacks such as the 2022 Saddle Finance incident and the 2025 $116 million exploit on Balancer. PancakeSwap said it would reach out to Curve to discuss the matter, with Curve responding, “Indeed, better to be friends and build together.” The situation underscores the growing legal and cybersecurity challenges in DeFi as platforms innovate and expand cross-chain capabilities.

[mendez]

honestly, this Curve thing kinda proves that code > hype. copying features without understanding the security implications = recipe for disaster