
Tranchess Risks: What Every User Should Know
2 min read
Smart contract, market, leverage, liquidity and lock-up risks when using Tranchess.
Main risks
Smart contract bugs, oracle failures, market crashes amplified by ROOK leverage, lower liquidity in tranche markets and locked CHESS illiquidity.
Reduce your risk
Size positions modestly, diversify, follow security best practices and keep up with governance.
Independent educational resource, not affiliated with Tranchess. Nothing here is financial advice. Crypto assets are volatile — do your own research.
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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 Rebalancing Explained Simply
Why and how Tranchess rebalances ROOK leverage instead of liquidating positions.

Tranchess FAQ: Answers to Common Questions
Frequently asked questions about Tranchess, QUEEN, BISHOP, ROOK, CHESS, veCHESS, fees, chains and safety.