The venue co-settles through the token standard’s allocation flow.
Eligible for Synfin’s atomic, per-leg-private settlement.
Atomic co-settlement: all legs in one transaction.
Per-leg privacy: each venue sees only its leg.
All or nothing: settles via CIP-0056 / 0112.
settlementMode: 'atomic-allocation'
settlementModedeferred
Managed deposit
Quote-and-deposit venues. Synfin still aggregates their quotes, but
execution is deferred and settles separately.
Quote and deposit: included in routing.
Deferred execution: not same-transaction.
Non-atomic: outside the all-or-nothing guarantee.
settlementMode: 'managed-deposit'
todayMost venues managed-deposit
adoptingAtomic allocation, live and widening
rolling outCIP-0112, Token Standard V2
Atomic settlement is live on Canton today and is valid only when
every leg is Mode A, which the router enforces. Most accessible
venues are still managed-deposit, so the atomic path widens as venues adopt
the allocation flow. CIP-0112 (Token Standard V2) brings further privacy,
performance, and settlement improvements, rolling out across the network.
Quote aggregation works across both modes now.