CryptoCurrencies
19141
Exchanges
500
Total Market Cap
4,483,671,366,260
Volume 24h
306,595,258,519
Dominance
BTC 54.24%   ETH 11.93%   BNB 4.09%   USDT 3.97%

Tranchess
CHESS

0.06128
$
0.72 %
Change 24h
Market Cap
$ 12,593,121
Volume 24h
$ 5,837,357
Circulating Supply
205,513,900
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..