CryptoCurrencies
12360
Exchanges
500
Total Market Cap
1,130,664,776,314
Volume 24h
154,863,485,342
Dominance
BTC 40.66%   ETH 17.83%   USDT 6.00%   BNB 3.94%

Tranchess
CHESS

0.2281
$
5.71 %
Change 24h
Market Cap
$ 22,898,507
Volume 24h
$ 5,089,470
Circulating Supply
100,408,213
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..