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Token Standards Index

Sovereign Assets • Layer 1s • Payment Networks

cross-chain token standard reference

Token standards define how digital assets behave on a blockchain—including how they are transferred, stored, and interacted with by smart contracts. These standards create consistency across wallets, dApps, and exchanges, enabling broader interoperability and developer adoption.

Use Case: Token standards ensure that fungible and non-fungible tokens follow a shared set of rules, making them universally usable across tools and platforms.

Key Concepts:

Summary: Token standards provide the foundation for digital asset compatibility, security, and widespread adoption. They enable innovation and liquidity across the global Web3 landscape.

Blockchain Standard Type Examples
Ethereum ERC-20 Fungible $USDC, $UNI, $LINK
ERC-721 Non-Fungible (NFT) CryptoPunks, BAYC
ERC-1155 Multi-Token Gaming assets, mixed collections
XRPL IOU Format Issued Currencies $RLUSD, $ELS, $SOLO
XLS-20 Non-Fungible (NFT) XRPL NFT collections
Solana SPL Fungible & NFT $RAY, $ORCA, Solana NFTs
BNB Chain BEP-20 Fungible $CAKE, $BUSD
BEP-721 / 1155 NFT / Multi-Token BSC NFT collections
Flare / Songbird ERC-20 Compatible Fungible $sFLR, $EXFI, $CAND
Cardano Native Multi-Asset Protocol-Level $SUNDAE, $MIN, Cardano NFTs

Benefit Description
Wallet Compatibility Wallets and exchanges support tokens automatically by implementing standards
Consistent Behavior Defined rules for security, transfers, approvals, and metadata
Smart Contract Integration Contracts can trustlessly interact with any compliant token
Composability DeFi protocols can build on top of standardized token interfaces
Developer Efficiency No need to reinvent token logic—use battle-tested standards

Token Standard Feature Comparison

capabilities across major standards

ERC-20 (Ethereum)
Fungible tokens only
transfer(), approve(), transferFrom()
balanceOf(), totalSupply()
Most widely adopted standard
Gas-intensive on mainnet
No built-in metadata
ERC-721 (Ethereum)
Non-fungible (unique) tokens
Each token has unique ID
tokenURI() for metadata
ownerOf(), safeTransferFrom()
No native royalty support
Higher gas than ERC-20
ERC-1155 (Ethereum)
Multi-token standard
Fungible + NFT in one contract
Batch transfers supported
Gas efficient for collections
Used in gaming heavily
Complex implementation
XLS-20 (XRPL)
Native NFT on XRP Ledger
Built-in royalty enforcement
No smart contract needed
Near-instant finality
Minimal fees (~0.00001 XRP)
Automatic escrow support
Selection Guide: Choose ERC-20 for fungible utility tokens, ERC-721 for unique collectibles, ERC-1155 for gaming or mixed collections, and XLS-20 for low-cost NFTs with native royalties.

Standard Selection by Use Case

which standard fits your project

DeFi / Utility Token
Best: ERC-20, BEP-20, SPL
Fungible, interchangeable
Easy DEX integration
Staking/governance compatible
Wide wallet support
Art / Collectibles
Best: ERC-721, XLS-20
Unique, provenance-tracked
Metadata for artwork
Marketplace compatible
Royalty considerations
Gaming Assets
Best: ERC-1155, SPL
Mix of fungible + unique items
Batch minting/transfers
In-game economy support
Gas efficiency critical
Stablecoins / RWA
Best: ERC-20, XRPL IOU
Mint/burn capabilities
Compliance features (pause, freeze)
Multi-chain deployment
Regulatory considerations
Cross-Chain Tip: If deploying across multiple chains, use EVM-compatible standards (ERC-20, ERC-721) for consistency. Bridges work best when source and destination use similar standards.

Token Standard Evolution

how token standards have evolved over time

Era Standard Innovation
2015 ERC-20 Proposed First fungible token standard on Ethereum
2017 ERC-721 Finalized Non-fungible tokens enabled (CryptoKitties)
2018 ERC-1155 Introduced Multi-token standard for gaming efficiency
2020 SPL Matures Solana ecosystem token standard adoption
2022 XLS-20 Activated Native NFTs on XRPL with built-in royalties
2023+ ERC-4337, ERC-6551 Account abstraction, token-bound accounts

Trend: Standards are evolving toward more functionality, better gas efficiency, and native features (royalties, account abstraction). Newer standards often remain backward-compatible with earlier ones.


 
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