CryptoCurrencies
18945
Exchanges
500
Total Market Cap
2,594,786,147,840
Volume 24h
627,908,837,994
Dominance
BTC 53.73%   ETH 9.45%   USDT 7.15%   XRP 3.54%

Tranchess
CHESS

0.009582
$
64.28 %
Change 24h
Market Cap
$ 1,954,160
Volume 24h
$ 20,005,094
Circulating Supply
206,000,079
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..