CryptoCurrencies
14673
Exchanges
500
Total Market Cap
2,367,186,031,625
Volume 24h
113,480,269,021
Dominance
BTC 51.28%   ETH 17.16%   USDT 4.77%   BNB 3.70%

Tranchess
CHESS

0.1369
$
7.99 %
Change 24h
Market Cap
$ 21,969,802
Volume 24h
$ 2,024,868
Circulating Supply
162,935,056
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..