Interchange formats have been the backbone of the EDA industry for several years. They are used as a way of helping the development of design flows that integrate foreign tools using formats with different syntax and, more importantly, different semantics. The need for integrating tools coming from different communities is even more severe for hybrid systems because of the relative immaturity of the field and the intrinsic difficulty of the mathematical underpinnings. In this paper, we provide a discussion about interchange formats for hybrid systems, we survey the approaches used by different tools for analysis (simulation and formal verification) and synthesis of hybrid systems, and we give a recommendation for an interchange format for hybrid systems based on the METROPOLIS metamodel. The proposed interchange format has rigorous semantics and can accommodate the translation to and from the formats of the tools we have surveyed while providing a formal reasoning framework.