CryptoCurrencies
1000
 Total Market Cap
15,403,760,310
 Volume 24h
1,947,721,528
 Dominance
WSTETH 63.45%   USDT0 7.08%   JUPSOL 5.77%   SOLVBTC.BBN 5.15%

Tranchess
CHESS

0.06614
$
7.56 %
Change 24h
Market Cap
$ 13,219,200
Volume 24h
$ 5,709,450
Circulating Supply
200,155,000
Total Supply
300,000,000
CHESS
$
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..