CryptoCurrencies
18480
Exchanges
500
Total Market Cap
4,030,565,963,647
Volume 24h
155,890,273,776
Dominance
BTC 53.62%   ETH 13.01%   USDT 4.16%   XRP 4.13%

Tranchess
CHESS

0.07525
$
3.31 %
Change 24h
Market Cap
$ 15,378,850
Volume 24h
$ 3,956,318
Circulating Supply
204,293,252
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..