CryptoCurrencies
18708
Exchanges
500
Total Market Cap
2,419,442,156,951
Volume 24h
178,221,828,129
Dominance
BTC 52.89%   ETH 9.32%   USDT 7.59%   BNB 3.36%

Tranchess
CHESS

0.001607
$
24.12 %
Change 24h
Market Cap
$ 321,630
Volume 24h
$ 290,670
Circulating Supply
206,001,538
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..