Independent guide to the Tranchess DeFi protocol
Tranchess, explained move by move
What Tranchess is, how QUEEN, BISHOP and ROOK tranches work, what CHESS and veCHESS are for, and how to use the protocol safely.
Core guides
What Is Tranchess? A Complete Overview of the Protocol
A deep, complete guide to Tranchess: the tokenized asset management protocol behind QUEEN, BISHOP, ROOK and CHESS, how it works, and why it matters in DeFi.
How Tranchess Works: Funds, Splitting and Merging
Step-by-step explanation of how Tranchess works: depositing into a fund, minting QUEEN, splitting into BISHOP and ROOK, and merging back.
QUEEN, BISHOP and ROOK: Tranchess Tranches Explained
An in-depth explanation of QUEEN, BISHOP and ROOK — the three Tranchess tranches — with a worked numeric example, leverage mechanics, interest, rebalancing and a full comparison.
CHESS Token: Utility, Supply and Use Cases
A complete guide to the CHESS token: its utility, emissions, veCHESS locking, fee sharing, governance role, where it trades today, and the Binance delisting.
veCHESS: Locking CHESS for Votes, Boosts and Fees
How veCHESS vote-escrow works in Tranchess: lock duration, voting power decay, reward boosts and governance.
Earning Yield on Tranchess: Interest, Rewards and Staking
Where yield comes from in Tranchess: BISHOP interest, CHESS emissions, veCHESS boosts, fee sharing and ETH staking rewards.
Is Tranchess Safe? Security, Audits and Best Practices
How Tranchess approaches smart contract security, audits and what users can do to protect their wallets and funds.
Tranchess FAQ: Answers to Common Questions
Frequently asked questions about Tranchess, QUEEN, BISHOP, ROOK, CHESS, veCHESS, fees, chains and safety.
Articles
In-depth articles on tranches, yield, risk and the CHESS ecosystem.
Tranchess After the Binance Delisting: Where to Buy and Sell CHESS
What the Binance delisting of CHESS means for Tranchess users, and how to buy and sell CHESS safely afterward.
CHESS Coin Explained
What the CHESS coin actually is, why the name causes confusion, and how it fits into the Tranchess protocol.
CHESS Price Prediction: Factors That Drive It
No price targets — a clear look at the fundamental and market factors that can influence the CHESS token's price over time.
Tranchess Review: Pros, Cons and Who It's For
A balanced review of the Tranchess protocol: what it does well, its drawbacks, and which type of user it suits best.
Tranchess vs Lido vs Pendle
How Tranchess compares to Lido and Pendle on model, risk, yield type and ideal use case.
CHESS Staking: How veCHESS Locking Works
A practical guide to locking CHESS for veCHESS: how the lock works, what you gain, and what to consider before committing.
Tranchess for Beginners: Your First Steps
A beginner-friendly walkthrough of Tranchess: wallets, choosing a fund, picking a tranche and claiming rewards.
QUEEN vs BISHOP vs ROOK: Which Tranche Fits You?
Side-by-side comparison of Tranchess tranches by risk, return, volatility and ideal user profile.
How to Buy CHESS Token: A Practical Guide
Where and how to buy the CHESS token safely, plus what to do after buying.
Tranchess Rebalancing Explained Simply
Why and how Tranchess rebalances ROOK leverage instead of liquidating positions.
Tranching in DeFi: From Wall Street to Smart Contracts
The history of tranching, how it works in structured finance and how Tranchess adapts it on-chain.
ETH Liquid Staking with Tranchess
How Tranchess combines ETH staking rewards with tranches and what liquid staking tokens offer.
Tranchess Risks: What Every User Should Know
Smart contract, market, leverage, liquidity and lock-up risks when using Tranchess.
Tranchess on BNB Chain and Ethereum
Overview of Tranchess deployments across networks and what to consider when choosing one.