What is Standard Exchange?

Standard Exchange revolutionizes the decentralized exchange landscape by being the first to utilize a smart contract as a matching engine. Setting it apart from other decentralized exchanges, Standard Exchange offers a unique proposition: every trader wins simply by engaging in trading. The platform's focus on generating liquidity and implementing a revenue sharing model ensures that traders, regardless of profit or loss on individual trades, emerge as winners. By actively participating in Standard Exchange, traders contribute to the exchange's liquidity pool and, in turn, receive a fair share of the revenue generated. This innovative approach fosters an inclusive and equitable trading environment where all participants can benefit from their involvement, making Standard Exchange a trailblazer in the blockchain ecosystem. Standard Exchange is currently a spot exchange, but it strives to support futures as liquidity grows with traders.

Protocol, Interface, Labs​

To begin, we should make clear the distinctions between the different areas of Standard Exchange, some of which may confuse new users.

  • Standard Labs: The company which developed the Standard protocol, along with the web interface.

  • Standard Protocol: A suite of persistent, non-upgradable smart contracts that together create an self-sovereign finance, a protocol that facilitates peer-to-peer market making and swapping of ERC-20 tokens on the Ethereum blockchain.

  • Standard Exchange Interface: A web interface that allows for easy interaction with the Standard Exchange. The interface is only one of many ways one may interact with Standard Exchange.

  • Standard Exchange Governance: A governance system for governing Standard Protocol, enabled by the Standard membership and points.

How to use it

Standard Exchange interface is implemented in Standard Protocol app's trading portal.

Standard Exchange smart contracts live on Ethereum. Anyone can interact with them directly.

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