CryptoCurrencies
17961
Exchanges
500
Total Market Cap
4,115,427,170,734
Volume 24h
260,656,792,097
Dominance
BTC 56.39%   ETH 11.44%   XRP 4.79%   USDT 3.99%

Tranchess
CHESS

0.07014
$
4.34 %
Change 24h
Market Cap
$ 14,245,045
Volume 24h
$ 2,536,618
Circulating Supply
203,178,695
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..