# OpenZeppelin’s Daml library and reference implementation designs for key financial use cases pass the Dev Fund vote

**URL:** <https://forum.canton.network/t/openzeppelin-s-daml-library-and-reference-implementation-designs-for-key-financial-use-cases-pass-the-dev-fund-vote/9487>\
**Category:** App Development\
**Tags:** announcement\
**Created:** [November 12, 2026, 3:10pm UTC](https://forum.canton.network/t/openzeppelin-s-daml-library-and-reference-implementation-designs-for-key-financial-use-cases-pass-the-dev-fund-vote/9487 "2026-11-12T15:10:01Z")\
**Posts on this page:** 1\
**Page:** 1

<div class="post-metadata">

**Author:** ![Pepe\_Blasco](https://yyz2.discourse-cdn.com/flex034/user_avatar/forum.canton.network/pepe_blasco/32/7649_2.png) [@Pepe\_Blasco](https://forum.canton.network/u/Pepe_Blasco)\
**Post date:** [November 12, 2026, 3:10pm UTC](https://forum.canton.network/t/openzeppelin-s-daml-library-and-reference-implementation-designs-for-key-financial-use-cases-pass-the-dev-fund-vote/9487/1 "2026-11-12T15:10:01Z")

</div>

Hi Canton community,

OpenZeppelin’s **four reference implementation designs for Canton have been reviewed and approved by Digital Asset** , after close collaboration with their team. Alongside them, our Daml contracts library is live, with a **full implementation of Token Standard V2 (CIP-0112)**. Both have now passed the Dev Fund committee vote.

**If you’re building on Canton or evaluating it, [meet with our Developer Relations team](https://calendar.google.com/calendar/u/0/appointments/schedules/AcZssZ0r54EtLCQ_-SKbtHquRGi6KmrSuEAWiegGyQ0TqPuu0pI8XCmSF-sWTTtwRLc6U_XOTtHT7lnS) to talk through your use case.**

Recently acquired by S&P Global, OpenZeppelin secures the infrastructure behind much of the onchain economy, with over $37 trillion transferred through OpenZeppelin Contracts. Read on to see how its open-source Canton stack can support your work.

### Reference implementations

Four reference implementation designs for building financial applications on Canton, developed in close collaboration with Digital Asset and reviewed and approved by their team:

- **Privacy-preserving DEX** : an exchange design with atomic settlement at its core, extending to AMM and other venue types
- **Lending protocol:** a lending-market design built on the same settlement core
- **Cross-chain stablecoin payments** : a payment flow spanning Canton and external chains, with reserve and attestation controls
- **Confidential auction launchpad** : a sealed-bid auction design using Canton’s privacy model

The architecture specs are available now; implementation follows in the work ahead.

- [Privacy-preserving DEX](https://github.com/OpenZeppelin/canton-specs/blob/5eaf77aacf350cae1d211e4e2be70c4df043b6e0/docs/reference-architectures/dex.md)
- [Lending protocol](https://github.com/OpenZeppelin/canton-specs/blob/5eaf77aacf350cae1d211e4e2be70c4df043b6e0/docs/reference-architectures/lending.md)
- [Cross-chain stablecoin payments](https://github.com/OpenZeppelin/canton-specs/blob/5eaf77aacf350cae1d211e4e2be70c4df043b6e0/docs/reference-architectures/cross-chain-stablecoin.md)
- [Confidential auction launchpad](https://github.com/OpenZeppelin/canton-specs/blob/5eaf77aacf350cae1d211e4e2be70c4df043b6e0/docs/reference-architectures/confidential-auction.md)

### Token Standard V2

Our Daml contracts library implements Token Standard V2 (CIP-0112), the current Canton token standard, which supersedes CIP-0056. Teams can issue and settle tokens on it instead of building their own.

Also inside the library: CIP-86 (ERC-20 compatible interface), CIP-103 (dApp standard components), and CIP-104 (traffic-based app rewards).

MIT-licensed, passing CI with 100% test coverage, and validated together on LocalNet.

Repos:

- [canton-contracts](https://github.com/OpenZeppelin/canton-contracts)
- [canton-specs](https://github.com/OpenZeppelin/canton-specs)

Note that the contracts library hasn’t been audited; security audits follow in the next phase of our work.

Pepe Blasco  
Engineering Manager, OpenZeppelin