The post Tranchess (CHESS) Price Skyrockets 41% Over Binance Futures Listing Announcement appeared first on Coinpedia Fintech News

In a significant milestone for Tranchess (CHESS), a tokenized asset management and derivatives trading protocol has gained a Binance listing for its native token. According to an official Binance announcement, the futures trading arm of the firm launched the CHESS/USDT perpetual contract today at 07:30 UTC. The platform’s colossal user base remains free to enjoy up to 75x leverage trading the asset. The underlying asset remains Tranchess. Further, the exchange set the capped funding rate at +2.00% / -2.00%. CHESS price skyrocketed nearly 41% over the listing announcement.