CryptoCurrencies
16957
Exchanges
500
Total Market Cap
3,397,283,936,307
Volume 24h
226,145,932,655
Dominance
BTC 60.19%   ETH 7.87%   USDT 4.41%   XRP 3.96%

Tranchess
CHESS

0.07201
$
12.15 %
Change 24h
Market Cap
$ 14,417,327
Volume 24h
$ 6,365,536
Circulating Supply
200,361,781
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..