What is Tranchess (CHESS)
Tranchess is a tokenized asset management and derivatives trading protocol. Tranchess provides a different risk/return matrix out of a single main fund that tracks a specific underlying asset. $CHESS is the governance token of the Tranchess community.
Tranchess is available on MEXC, providing you with the convenience of purchasing, holding, transferring, and staking the token directly on our platform. Whether you are a seasoned investor or a newcomer to the world of cryptocurrencies, MEXC offers a user-friendly interface and a variety of tools to manage your Tranchess investments effectively. For more detailed information about this token, we invite you to visit our digital asset introduction page.
Additionally, you can:
- Check CHESS staking availabilityto see how you can earn rewards on your holdings.
- Read reviews and analytics about Tranchess on our blog to stay informed about the latest market trends and expert insights.
Our comprehensive resources are designed to make your Tranchess buying experience smooth and informed, ensuring you have all the tools and knowledge needed to invest confidently.
Tranchess Price Prediction
Cryptocurrency price predictions involve forecasting or speculating on the future values of cryptocurrencies. These forecasts aim to predict the potential future worth of specific cryptocurrencies, such as Tranchess, Bitcoin, or Ethereum. What will be the future price of CHESS? How much will it be worth in 2026, 2027, 2028, and up to 2050? For detailed prediction information, please check out our Tranchess price prediction page.
Tranchess Price History
Tracing CHESS's price trajectory provides valuable insights into its past performance and helps investors understand the factors influencing its value over time. Understanding these historical patterns can offer valuable context for assessing CHESS's potential future trajectory. For detailed price history information, please check out our Tranchess price history page.
How to buy Tranchess (CHESS)
Looking for how to buy Tranchess? The process is straightforward and hassle-free! You can easily purchase Tranchess on MEXC by following our step-by-step How to Buy guide. We provide you with detailed instructions and video tutorials, demonstrating how to sign up on MEXC and use the various convenient payment options available.
CHESS to Local Currencies
Tranchess Resource
For a more in-depth understanding of Tranchess, consider exploring additional resources such as the whitepaper, official website, and other publications:
People Also Ask: Other Questions About Tranchess
Tranchess is a decentralized finance (DeFi) protocol focused on asset management. It splits single investment targets into multiple derivative investment tools, offering various risk-return solutions. Initially built on Binance Smart Chain (BSC), Tranchess now operates on BNB Chain, Ethereum, and Scroll, accepting assets like BTC, ETH, BNB, and USDC.
Tranchess users deposit crypto assets to create a mother fund (QUEEN token), which can be split into two sub-funds: BISHOP for risk-averse investors and ROOK for those seeking leveraged exposure. The protocol uses a Rebalance mechanism to adjust the leverage ratio and ensure stability.
Tranchess consists of three fund tokens: QUEEN (main fund), BISHOP (high-yield, risk-averse), and ROOK (leveraged exposure). Additionally, the CHESS token serves as the governance token for the protocol.
QUEEN tokens offer long-term cryptocurrency holders higher returns compared to directly holding underlying assets, through CHESS distributions and validator node earnings on PoS blockchains. They can also be staked for additional CHESS rewards.
The Rebalance mechanism adjusts the quantities of ROOK and BISHOP tokens to restore the leverage ratio when the net value ratio of ROOK to BISHOP exceeds 2 or falls below 0.5. This ensures stability and provides downside protection for ROOK holders.
In February 2024, Tranchess partnered with Lido Finance to launch StaYETH and TurYETH staking products. In April 2024, it collaborated with StakeStone and Scroll to launch the Tranchess STONE mother fund and its tranche fund products.
CHESS is the native and governance token of Tranchess, issued on BSC but following the ERC-20 standard. The total supply is 300 million, with allocations for the core team, investors, community incentives, and ecosystem development. CHESS can be staked for veCHESS, which is used for voting, earning rebates, and receiving boosted rewards.
Tranchess employs rigorous security measures, including regular smart contract audits by reputable third-party firms and a bug bounty program to incentivize the discovery of potential vulnerabilities. Additionally, the protocol uses decentralized oracle networks like Chainlink to ensure accurate and secure data feeds, minimizing risks associated with price manipulation and data inaccuracies.
The live price of Tranchess (CHESS) is 0.0654 USD.
The current market cap of Tranchess is $ 13.27M USD. It is calculated by multiplying the current supply of CHESS by its real-time market price of 0.0654 USD.
The current circulating supply of Tranchess (CHESS) is 202.86M USD.
As of 2025-05-05, the highest price of Tranchess (CHESS) is 8 USD.
The 24-hour trading volume of Tranchess (CHESS) is $ 284.89K USD. You can discover more tradable tokens on MEXC and check their 24-hour trading volume.
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Disclaimer
Cryptocurrency prices are subject to high market risks and price volatility. You should invest in projects and products that you are familiar with and where you understand the risks involved. You should carefully consider your investment experience, financial situation, investment objectives and risk tolerance and consult an independent financial adviser prior to making any investment. This material should not be construed as financial advice. Past performance is not a reliable indicator of future performance. The value of your investment can go down as well as up, and you may not get back the amount you invested. You are solely responsible for your investment decisions. MEXC is not responsible for any losses you may incur. For more information, please refer to our Terms of Use and Risk Warning.
Please also note that data relating to the above-mentioned cryptocurrency presented here (such as its current live price) are based on third party sources. They are presented to you on an “as is'' basis and for informational purposes only, without representation or warranty of any kind. Links provided to third-party sites are also not under MEXC’s control. MEXC is not responsible for the reliability and accuracy of such third-party sites and their contents.
