Curve Finance accuses PancakeSwap of copying its code without permission

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A dispute has emerged between Curve Finance and PancakeSwap over the use of Curve’s StableSwap technology.

Curve Finance publicly accused PancakeSwap of copying parts of its StableSwap code without permission, calling it a violation of the software license. StableSwap is a key innovation from Curve that enables low-slippage swaps between stablecoins using a specialized formula blending constant-product and constant-sum curves. While the code is open source, proper attribution and compliance with license terms are required.

PancakeSwap responded that its team is reaching out to Curve to discuss the issue. Both sides signaled they prefer cooperation rather than a legal battle. Curve highlighted the technical risks of improperly reusing StableSwap code, noting that past forks of similar systems occasionally led to vulnerabilities or exploits.

The dispute appears tied to PancakeSwap’s recent “Infinity StableSwap” upgrade, which introduced improved pricing, lower slippage, and dynamic fees for stablecoin swaps. Curve emphasized that a proper license and collaboration could resolve the matter without conflict, saying in a follow-up message, “Better to be friends and build together.”