The solution to standardised derivative markets is tracers. Because tracers come from market templates, anyone can deploy a tracer and know that it will function as designed, within the parameters they set. Tracers encourage more (and better) derivatives trading. They allow for competition between markets to determine the optimal market variables. Deploying them is quick, easy, and cheap. If a tracer isn't performing well, someone can spin up a new one. And they don't need permission to do it.