Tranchess CHESS
CHESS
0.1924
$
0.32 %
Change 24h
Market Cap
$ 30,430,033
Volume 24h
$ 3,802,098
Circulating Supply
158,064,013
Total Supply
300,000,000
Website
Explorers
Social
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..