Logo of Button TrancheButton Tranche

Total Value Locked$235,348.95

TVL by Chain

Ethereum$235,348.95

Protocol Information

Tranche is a protocol for stratifying price risk of crypto-assets. At the core, it allows users to deposit an asset in return for several Tranche assets, each representing a different risk level. The safer assets have relatively stable value, while the risky assets have value roughly equivalent to a leveraged position of the underlying asset.

Category:Yield

Audits:

Methodology

TVL: Total value of all coins held in the smart contracts of the protocolView code on GitHub

Competitors

Frequently Asked Questions

What is Button Tranche's TVL?

Button Tranche currently has $235,348.95 in total value locked. TVL has decreased 40.5% over the past 30 days.

What chains does Button Tranche operate on?

Button Tranche operates on Ethereum. Ethereum holds the largest share at 100%.

How does Button Tranche's TVL compare to similar protocols?

Among Yield protocols tracked by DefiLlama, Button Tranche ranks #127 by TVL. The category holds $4.64b across 579 protocols, and Button Tranche accounts for <0.1% of that total. Other leading protocols include Spark Savings, Pendle V2, Convex Finance, Stake DAO Yield, Avalon Superearn, Concentrator, Lorenzo sUSD1+, Wise Token, Yuzu Money, and infiniFi.