In preparation for our public launch, we’re announcing our initial list of supported tokens that you’ll be able to trade on ERC dEX from your own desktop/laptop, mobile, or hardware wallet. In this post, we’ll also address what our listing criteria is and how you may request to list a token. As always, feel free to leave comments below, and follow us on twitter for more frequent and real-time updates from the team.

Our framework for selecting ERC20 tokens to list consists of these three factors:

Is there enough trade volume?

At least initially, we’ll be offering only tokens which, on average, trade in excess of $1mm daily. This narrows down the search considerably — to around 60 tokens. We’ve pulled this data from CoinMarketCap, before they updated their algorithm at the beginning of this year to exclude the South Korean market.

Is the token a security?

As we’ve outlined in a previous post regarding regulation, tokens that are securities, not utilities, cannot be legally traded on an exchange without a great deal of regulatory compliance procedures in place, including KYC (Know Your Customer) and AML (Anti-Money Laundering), and without the security and the exchange being registered with the SEC. We’ve used industry knowledge and best practices to determine to the best of our ability whether each of the tokens on our shortlist would be deemed a security or not, and we have tried to err on the side of caution. We also recognize this is a rapidly changing space and will continue to monitor compliance here and take appropriate action as necessary.

Are we morally comfortable listing this token?

We want to be able to sleep well at night knowing that the people buying a token listed on our order book aren’t being taken advantage of by the token issuer. The bottom line here is that it’s a judgement call, but we have to do some filtering of our own in order to offer the best user experience possible. We want to make sure we’re fostering a safe and secure community, one that’s not going to promote scams or deceitful behavior, and again, we’ve chosen to err on the side of caution when making this call.

These are the principles we stand by and we will not accept any kind of payment to list a token. So, without further ado, here’s the list of tokens we’ll initially support:

EOS: EOS

TRON: TRX

OmiseGO: OMG

AdEx: ADX

Civic: CVC

Power Ledger: POWR

Status: SNT

Golem: GNT

Bancor: BNT

Wings: WINGS

Decentraland: MANA

Storj: STORJ

Metal: MTL

Aion: AION

Substratum: SUB

Centra: CTR

Quantstamp: QSP

Viberate: VIB

0x: ZRX

Kyber Network: KNC

Request Network: REQ

ChainLink: LINK

district0x: DNT

Ethos: ETHOS

AirSwap: AST

SONM: SNM

FunFair: FUN

SingularDTV: SNGLS

Streamr DATAcoin: DATA

Loopring: LRC

Aeternity: AE

Aragon: ANT

Melon: MLN

RChain: RHOC

Kin: KIN

We’ve taken great care to select these initial tokens. We hope you agree with our selection. Let us know what you think in the comments below — your feedback is always welcome. Thanks!

We’ll be adding more tokens on a rolling-basis as long as they conform to the guidelines listed above. If you’re interested in listing your token on our platform, as a starting point, please fill out our application form. We look forward to talking with you further.