Dapp storeEthereumDeFi dappsDecentralized derivatives
Tranchess
Tranchess
Decentralized derivativesLiquid staking platformsDeFi yield aggregators

Tranchess

A tranched-fund protocol that splits BTC, ETH, and BNB exposure into stable-yield and leveraged tokens.

Ethereum logo
BNB Chain logo
Scroll logo
Transaction Fees, Open-source
This link will take you to a third-party site not owned or operated by Alchemy.

What is Tranchess?

Tranchess is a structured-product protocol on Ethereum and BNB Chain that lets users gain different risk/return profiles from a single underlying asset. Users deposit BTCB, ETH, or BNB to mint QUEEN, then split it 50/50 into BISHOP (stable-yield, USD-anchored) and ROOK (leveraged-long, no forced liquidation). veCHESS holders earn weekly rebates equal to 50% of protocol revenue and vote on staking-reward splits.

Start building with web3's best API for token data
Get your API key

Best Decentralized derivatives

Discover more web3 applications and developer tools.

See all dapps

Developer resources from Alchemy

App store listings are independently reviewed and written by Alchemy using a combination of inbound submissions, editorial research, public project sources, and third-party directories, including ecosystem data from The Grid under the Open Database License, DefiLlama, DappRadar, Reown, and chain ecosystem pages.

Dapp store background image

Build blockchain magic

Alchemy combines the most powerful web3 developer products and tools with resources, community and legendary support.
Get your API key