CryptoCurrencies
19399
Exchanges
500
Total Market Cap
3,978,862,618,547
Volume 24h
281,995,805,185
Dominance
BTC 54.88%   ETH 11.76%   USDT 4.61%   XRP 3.80%

Tranchess
CHESS

0.04170
$
2.77 %
Change 24h
Market Cap
$ 8,577,018
Volume 24h
$ 915,553
Circulating Supply
205,691,275
Total Supply
300,000,000
CHESS
$
# Exchange Pair Price Volume 24h

Description

Tranchess is a tokenized asset management and derivatives trading protocol. Inspired by tranche funds that cater to investors with different risk appetite, Tranchess aims to provide a different risk/return matrix out of a single main fund that tracks a specific underlying asset (e.g.BTC). The main tranche can be split into two sub-tranches with their own distinct risk return profile. Tranchess Protocol is not a standalone asset management ecosystem, but encompasses all features one can find in the DeFi space. It is a one-stop centre for those that wants to enjoy popular DeFi features- such as single-asset yield farming, borrowing & lending, trading, etc..