Token Standard
A token standard is a technical specification defining common rules and interfaces for how a class of tokens behaves.
✦ Key Insight
It explains why compatible software can recognize and transfer unrelated tokens using familiar functions.
✕ Common Misconceptions
A token can follow a standard while still adding unusual restrictions, fees, or upgrade logic.
Detailed Explanation
In Practice
Dig Deeper
Token Contract
A token contract is a smart contract that defines and manages a token's balances, transfers, supply, and other programmable rules.
SPL Token
An SPL token is a token created and managed using Solana's token-program infrastructure.
ERC-20
ERC-20 is the widely used Ethereum standard that defines a common interface for fungible tokens.
ERC-721
ERC-721 is an Ethereum token standard that defines a common interface for individually identifiable non-fungible tokens.
ERC-1155
ERC-1155 is an Ethereum standard that lets one smart contract manage multiple token types, including fungible and non-fungible assets.