A code dispute arose between Curve Finance and PancakeSwap regarding the use of StableSwap technology.
Conclusion
- Curve Finance says PancakeSwap copied parts of its StableSwap code without permission, calling it a license violation.
- PancakeSwap responded that its team is reaching out to Curve to look into the matter.
- Both sides have indicated they prefer cooperation and potential licensing to a legal dispute.
Curve Finance (CRV) publicly accused PancakeSwap (CAKE) of copying parts of its code without permission.
This claim was published on March 6 in X. Curve claimed that PancakeSwap used code from its StableSwap implementation without complying with the terms of the license.
Discussion about the StableSwap code
In the post, Curve addressed PancakeSwap directly, saying the exchange had copied its code “without request,” which it described as a violation of its software license.
Curv said the issue is both legal and technical. According to the team, similar situations have caused problems in the past for projects that reused code without proper refactoring.
This post included a screenshot that highlighted the parts of the code in question. Curve suggested that the file attribution listed PancakeSwap as the author, even though the logic originates from Curve’s StableSwap system.
StableSwap is one of Curve’s key innovations. The automated market-maker model is designed to enable low-slip swaps between stablecoins and other hard-wired assets. It uses a special mathematical formula that combines constant product curves and constant amounts to keep prices stable during trading.
The system is widely used throughout decentralized finance. Curve’s smart contracts are open source, but the license requires proper attribution and compliance with the terms.
PancakeSwap answer and possible solutions
PancakeSwap responded shortly after this post. The exchange said its team would contact Curve directly to discuss the matter. Curv welcomed the response, saying he prefers cooperation to conflict.
“It’s better to be friends and make it together,” Kurv said in a follow-up message.
The issue appears to be related to PancakeSwap’s latest “Infinity StableSwap” update, which was previously announced in March. The update brings better pricing for stablecoin swaps with less slippage and dynamic fees.
Curve warned that there could be technical risks if the StableSwap code is directly copied or improperly modified. Comparable system variants in previous DeFi projects have sometimes suffered from vulnerabilities or exploits due to poor code implementation.
For now, it appears that both teams are ready to discuss a settlement. Curve noted that PancakeSwap can still obtain the appropriate license and cooperate if it wants to use the technology without legal problems.
