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..
Tether USD/Chess Pool Analytics
24-Hour Price Range
In the last 24 hours, the highest Tether USD/Chess price was $0.071 at 2025-07-31 01:58 UTC, and the lowest was $0.07 at 2025-07-30 13:40 UTC. The range represents approximately 0.64% volatility.Pool Creation Date
The Tether USD/Chess pool was created 3y 6m 26d days ago. The most recent transaction occurred just now.Exchange Rate (Tether USD → Chess)
At the current rate, 1 Tether USD equals 14.001233 Chess (updated at 05:27 UTC).Exchange Rate (Chess → Tether USD)
At the current rate, 1 Chess equals 0.071422 Tether USD (updated at 05:27 UTC).Purchasing Power
With 1 USD you can get approximately 14.121 Tether USD (0.07 USD per 1 Tether USD).Token Allocation
Pooled Tether USD: 63.896 (worth $4.525, ~1.46%).Pooled Chess: 4.564 (worth $4.564, ~1.47%).Trading Activity
24-hour volume is $0.007 across 1 swaps (avg size $0.01).Liquidity Provider Fees
LPs earned about $0 in fees today (~0.00% APR).Market Trends
Low volatility (0.64%) indicates a relatively stable market for Tether USD/Chess.Future Projections
A well-established pool (3y 6m 26d days) may provide more stable yields and predictable behavior.