CryptoCurrencies
8691
Exchanges
500
Total Market Cap
2,163,350,905,969
Volume 24h
165,649,969,970
Dominance
BTC 49.49%   ETH 17.65%   USDT 4.54%   BNB 2.86%

Tranchess
CHESS

0.2177
$
0.27 %
Change 24h
Market Cap
$ 32,695,498
Volume 24h
$ 2,769,260
Circulating Supply
150,202,316
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..