CryptoCurrencies
14308
Exchanges
500
Total Market Cap
2,567,917,739,979
Volume 24h
111,705,664,464
Dominance
BTC 51.59%   ETH 14.69%   USDT 4.34%   BNB 3.48%

Tranchess
CHESS

0.1879
$
2.84 %
Change 24h
Market Cap
$ 29,887,069
Volume 24h
$ 2,557,439
Circulating Supply
158,603,984
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..