CryptoCurrencies
16107
Exchanges
500
Total Market Cap
3,545,006,093,362
Volume 24h
223,353,084,114
Dominance
BTC 54.15%   ETH 11.49%   USDT 3.94%   XRP 3.65%

Tranchess
CHESS

0.1960
$
1.95 %
Change 24h
Market Cap
$ 38,265,950
Volume 24h
$ 9,608,297
Circulating Supply
195,268,710
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..