What is Tranchess (CHESS)

Tranchess or CHESS is a protocol for tokenized asset management and derivatives trading. This platform allows traders to engage in derivatives trading and asset management by leveraging tokenization technology. Essential information for their token is available on the MEXC Digital asset introduction page. Furthermore, we are listing (CHESS/USDT – Trade it here) on our Innovation Zone! Check it out now!

What is Tranchess (CHESS)
What is Tranchess (CHESS)

What Does Tranchess Provide?

Tranchess Protocol is a DeFi platform that offers tokenized asset management and derivatives trading solutions. The platform aims to provide a different risk/return matrix out of a single main fund that tracks a specific underlying asset, such as BTC. The main tranche can be divided into two sub-tranches with distinct risk-return profiles to satisfy users’ varying risk appetites.

Apart from asset management, Tranchess Protocol also offers various DeFi features such as single-asset yield farming, borrowing and lending, and trading. The platform is designed to be a one-stop center for those who want to enjoy a full suite of DeFi features.

Tranchess Protocol aims to provide long-term solutions in the DeFi space by acting as a benchmark asset management solution and a trading ecosystem with innovative tools to cater to both amateur and professional trading. The platform is built to offer a comprehensive solution that meets the evolving needs of DeFi users.

Where to buy CHESS Token

You can find CHESS Token here at MEXC! We are listing CHESS/USDT in our Innovation Zone!

What is the Price of CHESS Tokens?

The price of the CHESS token is $0.2418 per unit. It has a market cap of $27,974,776 and a fully diluted market cap of $72,537,514. It also has a 24-hour trading volume of $5,447,079. You can check the live price of their token right here!

How to buy CHESS Tokens

You can buy CHESS Tokens on MEXC by following the steps:

  1. Log in to your MEXC account and click [Trade]. Click on [Spot].
  2. Search “CHESS” using the search bar to see the available trading pairs. Take CHESS/USDT as an example.
  3. Scroll down and go to the [Spot] box. Enter the amount of CHESS you want to buy. You can choose from opening a Limit order, a Market order, or a Stop-limit order. Take Market order as an example. Click [Buy CHESS] to confirm your order. You will find the purchased CHESS in your Spot Wallet.

You can find a detailed guide on how to buy CHESS Tokens here.

Keep Yourself Updated With The Crypto Trend

Check out all of the listings in the Innovation and Assessment zones as well as the major tokens in the Main Zone – we have more amazing projects to come! What’s more, MEXC lists moonshots and offers access to trade major cryptocurrencies. Visit the Hot Projects section as well to uncover more featured popular tokens. Lastly, feel free to visit MEXC Academy to learn more about cryptocurrency!

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