CryptoCurrencies
17161
Exchanges
500
Total Market Cap
2,889,893,704,469
Volume 24h
93,683,878,696
Dominance
BTC 57.84%   ETH 7.98%   USDT 4.96%   XRP 4.69%

Tranchess
CHESS

0.08854
$
2.71 %
Change 24h
Market Cap
$ 17,813,525
Volume 24h
$ 1,745,453
Circulating Supply
201,067,616
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..