CryptoCurrencies
17627
Exchanges
500
Total Market Cap
4,070,178,430,896
Volume 24h
521,001,545,879
Dominance
BTC 57.63%   ETH 10.49%   XRP 4.96%   USDT 3.95%

Tranchess
CHESS

0.08261
$
11.71 %
Change 24h
Market Cap
$ 16,694,702
Volume 24h
$ 27,458,214
Circulating Supply
202,038,484
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..