CryptoCurrencies
17171
Exchanges
500
Total Market Cap
2,894,542,018,136
Volume 24h
102,713,705,595
Dominance
BTC 57.31%   ETH 8.82%   USDT 4.93%   XRP 4.43%

Tranchess
CHESS

0.09245
$
2.94 %
Change 24h
Market Cap
$ 18,599,426
Volume 24h
$ 1,444,603
Circulating Supply
200,912,456
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..