CryptoCurrencies
18925
Exchanges
500
Total Market Cap
3,236,964,158,867
Volume 24h
271,959,398,820
Dominance
BTC 54.48%   ETH 10.88%   USDT 5.77%   BNB 3.67%

Tranchess
CHESS

0.02790
$
0.35 %
Change 24h
Market Cap
$ 5,746,083
Volume 24h
$ 1,001,825
Circulating Supply
205,971,685
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..