CryptoCurrencies
19417
Exchanges
500
Total Market Cap
3,446,956,378,377
Volume 24h
401,859,161,983
Dominance
BTC 53.93%   ETH 11.01%   USDT 5.34%   XRP 3.89%

Tranchess
CHESS

0.03884
$
3.96 %
Change 24h
Market Cap
$ 7,991,074
Volume 24h
$ 927,947
Circulating Supply
205,782,612
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..