Tranchess CHESS
CHESS
0.1396
$
3.85 %
Change 24h
Market Cap
$ 22,982,061
Volume 24h
$ 1,735,978
Circulating Supply
164,850,410
Total Supply
300,000,000
CHESS
$
| # | Exchange | Pair | Price | Volume 24h |
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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..