Gate News Bot Message, February 5th, According to CoinMarketCap data, as of press time, CHESS (Tranchess) is trading at $0.03, up 20.55% in the past 24 hours, reaching a high of $0.03 and a low of $0.02. The 24-hour trading volume is $8.41 million. The current market cap is approximately $5.66 million, an increase of $965,400 from yesterday.
Tranchess is a liquidity staking and structured yield platform that provides users with liquidity staking, leveraged trading, and stable income services across multiple public blockchains such as Ethereum and BNB Chain. The platform’s core products include BISHOP (value-anchored to USD, fully supported by ETH, BNB, BTCB) and ROOK (offering leveraged long positions without forced liquidation). Users can earn sustainable yields by staking ETH, BNB, and BTC. CHESS is the platform’s governance token, with a circulating supply of 205.9 million tokens. Locking CHESS grants veCHESS, which provides benefits such as weekly CHESS emission voting rights, 50% protocol revenue dividends, up to 3x yield acceleration, and PoS reward distribution rights. The platform currently has a total locked value of approximately $6.52 million, supported by investments from well-known institutions like Balancer. The smart contract code has been audited by PeckShield and Certik.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
AI Track Crypto Assets Trading Heats Up, Bittensor (TAO) Weekly Gain Around 38.6%
On March 15th, 10x Research's quantitative model issued a strong altcoin buy signal, with Bittensor (TAO) standing out, maintaining prices above moving averages with gains of 38.6%. Meanwhile, NVIDIA launched an open-source AI platform, General Tensor secured $5 million in funding, and AI token trading volumes surged.
GateNews7m ago
Why OGN Just Moons 17.7% in 60 Minutes
OGN has surged 17.7% to $0.02294, with a 24-hour increase of 21.12% and trading volume reaching $662,137.16. Market trends and increased trader activity contribute to this volatility, with traders monitoring key resistance and support levels for future movements.
Coinfomania14m ago
Analyst Says XRP Is ‘Criminally Undervalued’ as RSI Drops
Analyst says XRP RSI reached oversold levels last seen during the 2022 bear market bottom.
XRP trades near $1.39 with key support at $1.30–$1.35 and resistance between $1.45 and $1.70.
Price has declined from about $3.10 since Sept 2025, forming a prolonged downward trend.
XRP trades near
CryptoFrontNews33m ago
'Rich Dad Poor Dad' Author: Bitcoin Will Go Up After 'Giant Crash' - U.Today
Robert Kiyosaki warns of an imminent economic crash, suggesting it’s a buying opportunity. He highlights Warren Buffett’s cash reserves and believes prices for gold, silver, and Bitcoin will rise post-crash, despite facing backlash over his investment claims.
UToday57m ago
DWF Labs: Traditional Altseason Coming to an End, Institutional Capital Shifting to BTC, ETH, and RWA
Andrei Grachev from DWF Labs points out that the traditional "altseason" is gradually disappearing due to structural changes in the crypto market. Institutional capital increasingly favors Bitcoin and Ethereum, exposing altcoins to higher risks and capital outflows. Over the past 13 months, altcoin market capitalization has declined by over $209 billion.
GateNews1h ago
Bitcoin rose 8.55% this week, potentially marking the largest single-week gain since September 2025
Gate News reported on March 15 that according to Coinglass data, Bitcoin's weekly return rate is currently at 8.55%, with a historical average return rate of -1.03%. Despite the escalating Iran-Israel conflict and prevailing risk-averse sentiment in the market, Bitcoin is poised to record its largest single-week gain since September 2025. During the same period, the S&P 500 index (the benchmark index for the U.S. stock market) declined by 1.60%, with BTC's performance significantly outperforming the U.S. stock market.
GateNews1h ago
