Glossary · Standards

What is Token standard?

A token standard is the interface contract every token on a chain follows: ERC-20 on EVM chains, TRC-20 on Tron, SPL and Token-2022 on Solana. The standard is why any wallet can hold any token and any swap can price any pair without bespoke integration.

Extensions carry the interesting tradeoffs: ERC-20 variants add hooks for compliance or gas efficiency, Token-2022 adds transfer fees and privacy primitives. The standard's discipline is what makes a token an asset instead of a bespoke program.

How Token standard works

A token standard is the published interface every token on a chain agrees to implement, the contract behind the contracts. It defines the verbs, balance checks, transfers, approvals or their equivalents, and the events that announce them, so that every wallet, pool, explorer, and checkout can treat every token through one integration. The standard is why tokens are a category rather than thousands of bespoke integrations.

The standard is also where policy meets mechanism. Extensions and variant standards encode behavior the base interface omits: Solana's Token-2022 carries compliance hooks and fees; EVM variants add transfer taxes or gas optimizations. When a tokenized asset enforces eligibility at the chain level, the enforcement lives in its choice of standard and extensions, which is why the standard a token follows is a diligence fact, not trivia.

The families map by chain: ERC-20 across EVM, TRC-20 on Tron, SPL and Token-2022 on Solana. Cross-chain assets exist as separate deployments per standard, each a distinct token tracking the same underlying. The U.CASH directory states the standard beside every asset for exactly this reason.

Token standard in practice

A tokenized stock's page notes it is a Token-2022 asset with transfer rules enabled; its EVM twin is an ERC-20 with issuer hooks. Same underlying, two standards, both statements checkable on-chain, which is what makes the disclosure meaningful rather than decorative.

Token standard on U.CASH

Every asset on U.CASH follows its chain's standard (the asset pages state which) so wallets and the swap engine handle them all through one interface per chain.

For merchants, standards are the leverage behind accepting many assets cheaply: one interface per chain covers the whole roster, and the variants' behavior differences, fees and rules, are stated facts rather than surprises mid-settlement. The asset pages carry those facts per token.

Related standards terms

ERC-20TRC-20Token-2022 (SPL)

See also

ERC-20Token-2022

Token standard: FAQ

Why do standards matter?
Interoperability by default. A standard token works in every wallet, swap, and checkout on its chain without anyone negotiating an integration.
Is a tokenized stock still an ERC-20?
On EVM chains, generally yes: with issuer hooks layered on for transfer compliance. The asset page states the standard and what the hooks enforce.
Why do standards matter to a holder?
Because behavior follows the standard: what enforces, what it costs, what wallets can do with it. Two tokens tracking the same underlying can differ materially in their rules depending on the standards they chose.
Can a token change standards later?
Not really: a token is born under its program or contract. Issuers sometimes migrate to new deployments, which is a new token with a swap path, not a change to the old one.
Which standard is best?
None globally; the chain decides the family and the use case decides the extensions. The right question is what a specific token's standard lets its issuer do, which the asset page states.
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