CryptoCurrencies
17586
Exchanges
500
Total Market Cap
3,565,043,344,854
Volume 24h
124,925,963,534
Dominance
BTC 60.76%   ETH 8.85%   USDT 4.45%   XRP 3.82%

Tranchess
CHESS

0.06989
$
2.65 %
Change 24h
Market Cap
$ 14,101,036
Volume 24h
$ 9,136,923
Circulating Supply
201,780,990
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..