CryptoCurrencies
14666
Exchanges
500
Total Market Cap
2,201,542,052,372
Volume 24h
1,231,469,475,575
Dominance
BTC 54.29%   ETH 12.76%   USDT 5.40%   BNB 3.62%

Tranchess
CHESS

0.1529
$
0.73 %
Change 24h
Market Cap
$ 26,593,365
Volume 24h
$ 4,201,028
Circulating Supply
173,187,107
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..