Is pancakeswap.one a scam?

Item: pancakeswap.one
Rating: 1
Author: Stingray Security

'LIKELY SCAM'

Risk: HIGH

Website Screenshot

Overview

The page advertises a highly suspicious cross-chain swap promotion with a claimed +20% bonus for moving USDT/USDC via Trust Wallet, offering unusually high, risk-free returns. Several classical pig-butchering and crypto scam signals are present, including a limited-time pressure tactic and no evidence of legitimate regulation or verifiable company details.

Why We Think This Is A Scam

Claims of '+20% more USDT/USDC' as a no-risk bonus for cross-chain swapping, which is an implausibly high and risk-free return ("Get up to +20% more USDT/USDC", "+15-20% bonus").

Limited-time pressure language ('Limited-time promotional bonus', 'while promo pool is active') encourages urgent action.

Promotion is tied specifically to USDT/USDC stablecoins and cross-chain swaps, which are frequent vectors for pig-butchering wallet draining scams.

No evidence of business legitimacy: no legal, company, or regulatory information provided; no physical address or phone number; no company registry.

No verifiable history or reputation given for the site/domain, and the use of the high-value pancake branding on a dot-one TLD (not the legitimate pancakeswap.finance) suggests possible brand impersonation.

Direct use of high-profile DeFi brands (Trust Wallet, BNB Chain, Pancake branding) with a non-official domain indicates likely phishing or wallet-draining attempt alongside investment scam mechanics.

Use of Telegram as a main chat/support channel, a hallmark of high-risk, unregulated operations.