Tranchess
Risk Management
?Risk Management
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RMA™ Status: ❌ Unverified
Verification of 6 major compliance criteria.
Technology
?Technology
A collection of public facing information, data collected through partners and our own tools view we present a projects technology in one place for easy verification.
Analysis and testing of tech infrastructures.
Marketing
Alpha?Marketing
Top level look at a projects marketing capablities currently in alpha this section will grow to show quickly how a project promotes itself and the effectiveness.
Screening of user base and community feedback.
Background
?Background
Using multiple public facing sources across the web view a summary of a projects purpose, key achievements and general overview.
Collection of basic administrative documentation.
Risk Management
Last Updated
2025/4/16
Transparency
Transparency Score
Algorithmic assessment of a project’s transparency level, using multiple public data points to measure its commitment to compliance, documentation, and clarity in communication.
Transparency Score
Category Rank
A ranking that positions the organization among its industry peers, evaluating its relative performance based on key compliance, credibility, and transparency indicators.
Category Rank
Tranchess vs Banking & DeFi
VaaSBlock Rank
A global ranking that compares the organization against all entities listed on VaaSBlock, reflecting its overall credibility, transparency, and operational performance versus the full Web3 ecosystem.
VaaSBlock Rank
Tranchess vs All Listed Organizations
Transparency
Transparency Score
Transparency Score
Algorithmic assessment of a project’s transparency level, using multiple public data points to measure its commitment to compliance, documentation, and clarity in communication.
Category Rank
Tranchess vs Banking & DeFi
Category Rank
A ranking that positions the organization among its industry peers, evaluating its relative performance based on key compliance, credibility, and transparency indicators.
VaaSBlock Rank
Tranchess vs All Listed Organizations
VaaSBlock Rank
A global ranking that compares the organization against all entities listed on VaaSBlock, reflecting its overall credibility, transparency, and operational performance versus the full Web3 ecosystem.
RMA™
✘ Unverified
Corporate Governance
The verification of fundamental governance, organizational structure, including verifying the entity’s legal registration and adherence to local laws and regulations.
Corporate
Governance
Team Proficency
Evaluation of an organization’s personnel, ensuring that crucial team members possess the expertise and dedication necessary to execute current business models and scale effectively.
Team
Proficiency
Technology & Security
Assessment of the organization’s technological framework, including blockchain integrations (where relevant), system architecture, and overall IT infrastructure.
Technology
& Security
Revenue Model
Comprehensively evaluation of a company’s income-generating strategies (how do they make or intend to make money), ensuring financial robustness and sustainability.
Revenue
Model
Results Delivered
The Results Delivered component of the RMA™ audit comprehensively evaluates an organization’s ability to achieve its goals and honor its commitments.
Results
Delivered
Planning & Transparency
The Planning and Transparency component of the RMA™ audit offers a thorough assessment of how an organization manages its workflow and prepares for unexpected challenges.
Planning &
Transparency
Technology
Marketing
Marketing Effectiveness
This score assesses the impact of detected marketing activity and the corresponding price movement of a token. The score understands whole market movements to ensure tokens are assessed fairly against peers.
Marketing Effectiveness
Confidence Index
This index determines our confidence in the score we have given. Generally, as more data is collected, the confidence index will increase. If a project has lots of activity, this confidence is earned faster.
Confidence Index
VaaSBlock Rank
This identifies where a project sits compared to all projects accessed for Marketing Effectiveness.
VaaSBlock Rank
Tranchess vs All Listed Organizations
Marketing Effectiveness
Marketing Effectiveness
This score assesses the impact of detected marketing activity and the corresponding price movement of a token. The score understands whole market movements to ensure tokens are assessed fairly against peers.
Confidence Index
Confidence Index
This index determines our confidence in the score we have given. Generally, as more data is collected, the confidence index will increase. If a project has lots of activity, this confidence is earned faster.
VaaSBlock Rank
Tranchess vs All Listed Organizations
VaaSBlock Rank
This identifies where a project sits compared to all projects accessed for Marketing Effectiveness.
No Chain No Gain™ Podcast ⛉
This Organization is yet to join the No Chain No Gain™ Podcast and share insights on what makes their business trustable and innovative.
💡 NCNG generated over 1 Million impressions in its first six months of existence.
PR Impact
PR Impact
VaaSBlock provides estimations to the impact that traditional digital media can have on a project. This is an early release; more areas of PR are planned in future versions.
Search Terms ? Search TermsThese are the terms we discovered the article for on page one of Google. | Est. Traffic ? Estimated TrafficWe estimate how much traffic an article will get. Generally, our estimations are slightly higher than those of more established tools. We are working on the algorithm all the time, and results could change. | Est. Value ? Estimated ValueBased on the estimated traffic we generate an estimation for what this traffic would have cost to generate if you tried to target these users with ads. The positions for the article on google and the location of the traffic are the major factors in this estimation. | |||
|---|---|---|---|---|---|
 Tranchess source: Coinbase | Tranchess… — Tranchess source: Coinbase | Organic | coinbase.com | ||
Tranchess source: Coinbase | Tranchess… — Tranchess source: Coinbase | Organic | kraken.com | ||
Tranchess source: github.com | Tranchess… — Tranchess source: github.com | Organic | github.com | ||
Tranchess source: Coinbase | Tranchess… — Tranchess source: Coinbase | Organic | kraken.com |
| Est. Traffic | Est. Value | ||
|---|---|---|---|
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Ratings
AlphaOverall
Aggregated Rating
The combined score with AI-driven weighted analysis to provide the best possible project rating.
10 verifications
Confidence Index
This index determines our confidence in the score we have given. Generally, as more data is collected, the confidence index will increase. If a project has lots of activity, this confidence is earned faster.
None
10 verifications
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Background
Organization Name – Tranchess
Category – 
Banking & DeFi
About
powered by
irmaAITranchess is a decentralized protocol launched in mid‑2021 that innovatively combines liquid staking with structured tranche investing to cater to varying risk appetites within a single ecosystem. I…ts origin dates back to early 2020, when the founders conceptualized it as an on‑chain equivalent of traditional tranche-based investment funds. The platform first debuted on Binance Smart Chain (BSC), with its BTC-tracking fund and associated tokens launching in June 2021, marking the official start of Tranchess. Shortly after, additional funds targeting ETH and BNB were introduced, enabling users to access liquid staking exposure and yield farming through native derivative tokens such as bQUEEN, qETH, and nQUEEN+. Tranchess employs a four-token architecture: main fund tokens (QUEEN) that track their underlying assets’ price movements plus staking rewards; BISHOP tokens, which represent conservative fixed-yield exposure by lending to leveraged participants; ROOK tokens, which provide a leveraged, non-liquidation position on the main funds; and CHESS, the governance token earned by staking QUEEN, BISHOP, or ROOK. Beyond farming yield, CHESS holders can lock their tokens to mint veCHESS, granting them voting power over emission schedules, fee rebates, and fund allocation across underlying pools. Weekly CHESS emissions began on June 24, 2021, at a rate starting at 300 k tokens, increasing incrementally, and vesting over about four years.
Emissions are dynamically allocated between BTC, ETH, and BNB pools proportionate to TVL and governed weightings.
Tranchess has expanded cross-chain via partnerships with Multichain and AnyCall to enable CHESS/veCHESS transfers between BNB Chain and Ethereum. On Nov 25, 2021, the qETH liquid staking fund launched on Ethereum, unlocking new utility for CHESS via Balancer and bribing mechanisms like Hiddenhand and auraBAL integration.
The core protocol supports instant creation and redemption of QUEEN tokens and added instant AMM swaps for BISHOP, ROOK, and BUSD conversions on its V2 upgrade. Security transparency is a priority: Tranchess has undergone multiple audits by PeckShield and CertiK and runs bug bounty programs. Governance via TranchessDAO was established in late 2022, allowing community oversight on CHESS emission splits, fund strategy, treasury growth, and transparency improvements.
Multichain expansion has been a primary focus; since late 2021, instant swaps, liquid staking for ETH, and extensive cross-chain bridges have been implemented.
The Tranchess BNB fund launched in early 2022, surpassing 230 k BNB in deposits within weeks, backed by the launch of validator nodes on BNB Chain to secure user yield through delegation and protocol rewards.
By mid‑2023, Tranchess had TVL over $40 million and market cap north of $17 million, signaling adoption across both conservative and risk-seeking investors.
Its tournament-style incentive program, “Trooper of the Month,” rewards community contributors and strengthens user engagement
The protocol continues rolling out features: integration with Chainlink oracles for stable pricing, UI redesigns, deeper AMM liquidity options, and expanded fund tracking. Notably, Tranchess has forged partnerships with Balancer, RockX, Multichain, Venus, Chainlink, and others, amplifying interoperability and user yield.
CHESS tokenomics emphasize community alignment: out of the 300 million supply, 50 % is earmarked for community rewards, 15 % for investors, 20 % to the team, 10 % for ecosystem, and 5 % reserved.
The platform’s emission design encourages users to stake and lock CHESS, while veCHESS unlocks fee rebates and governance weight. Ongoing focus remains on expanding liquid staking pools, adding new asset-backed funds, enhancing cross-chain utility, and evolving community-led governance, positioning Tranchess not just as a yield aggregator but as a modular finance hub tailored to different investor profiles. Its audited smart contracts, tranche flexibility, no-liquidation leveraged exposure, and dynamic DAO control set Tranchess apart in decentralized finance. As DeFi matures, Tranchess aims to broaden its product offerings, increase chain coverage and asset types, and strengthen its position as a sophisticated risk-return management platform. Read More
Creation Date
September 2025
Headquarters
Unknown
Organization Maturity Level
Growing Business
RMA™ Type
–
Useful Links
Website – tranchess.com
Notable Achievements
2020
Concept inception
2021
BTC fund launch
2021
ETH liquid staking
2022
BNB fund + validator
2022
DAO governance setup
Core Team
Danny Chong
Co-Founder
Thomas Yu
Chief Growth Officer
- vaasblock.com /
- Banking & DeFi /
- Tranchess
