Tranche Finance
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Protocol TVL
About Tranche Finance
Tranche splits any yield-generating asset from the DeFi ecosystem into two perpetual assets: a fixed rate asset that lets you manage your risk, and a variable rate asset that maximizes your returns.
Description sourced from DeFiLlama's protocol metadata; teams submit their own copy when listing.
Tranche Finance tokenomics and on-chain capital
Tranche Finance's governance or utility token carries a market capitalisation of $177.7K based on circulating supply at the latest DeFiLlama snapshot. The market is pricing the token ($177.7K) above the protocol's on-chain TVL ($37K) — a mcap/TVL multiple of 4.81× implies investors are paying for expected future fee flows rather than current deposits alone.
Market cap and supply figures are sourced from DeFiLlama's price feed (which reconciles CoinGecko, CoinMarketCap, and on-chain DEX prices). Treasury and staking values reflect on-chain balances controlled by the protocol at last sync.
Security & Audits
Protocol Profile
Tranche Finance operates in the Yield category of DeFi. It is deployed across 4 chains, including Ethereum, Polygon, Avalanche, Fantom. The codebase has been independently audited (1 report on file).
TVL Distribution by Chain
TVL spans 3 chains across the deployment. See the breakdown below for per-chain values.
Supported Chains
Protocol Footprint
Tranche Finance operates on 4 networks (Ethereum, Polygon, Avalanche, Fantom), keeping its surface area narrower than chain-agnostic peers. Roughly 100% of its on-chain value sits on just three networks (Ethereum, Polygon, Avalanche), so a fault on any one of them would affect a large slice of users. Only one audit report is currently listed; users should weigh that against the protocol's TVL before depositing significant amounts. Its token market cap ($177.7K) currently exceeds total value locked ($37K) — a mcap/TVL ratio of 4.81 suggests the market is pricing in more growth than current deposits support.
Official Resources & Links
Verified external resources for Tranche Finance — use these to read the source code, follow governance discussions, or cross-check on-chain data against the original team's channels.
Other Yield protocols on Mantapex
Tranche Finance is one of 7 Yield protocols Mantapex tracks in this category. Direct peers ranked by total value locked include Pendle, Spark Savings, Convex Finance, and 3 more. These peer protocols collectively secure $5.2B in deposits, giving you a frame of reference for whether Tranche Finance's own TVL is at the top, middle, or tail of the category.
Treasury
Recent Tranche Finance news
Latest reporting from major crypto news outlets covering Tranche Finance.
- Crypto news
Maple Finance taps Cantor for Bitcoin-backed credit
Maple Finance has closed the first tranche of a Bitcoin-backed financing facility from global investment bank Cantor Fitzgerald. The deal is part of Cantor's $2 billion Bitcoin…
- CryptoSlate
Trump's World Liberty Financial borrows $75M against illiquid WLFI tokens with 16B token dump incoming
World Liberty Financial, the decentralized finance project co-founded by the Trump family, is hastily preparing to unlock a massive tranche of its WLFI tokens after a nearly…
- CryptoSlate
Cardano targets Bitcoin liquidity with $80 million fund to meet $3 billion DeFi goal by 2030
The Cardano community has officially approved the first tranche of the Orion Fund, a venture-style initiative designed to bridge Bitcoin liquidity into its decentralized finance…
- Blockworks
Cantor's Bitcoin financing business announces first transactions
Maple said it closed its first tranche of bitcoin-backed financing through Cantor's new Bitcoin financing business on Tuesday
- Coindesk
Wall Street Giant Cantor Debuts Bitcoin Lending Business With First Tranches to FalconX, Maple
Wall Street investment bank Cantor said on Tuesday it has executed the first transaction of its new bitcoin BTC lending business as part of the firm's plan to offer $2 billion in…
- Coindesk
SOL Strategies Buys $18M of Solana Tokens With First Tranche of $500M Note Deal
SOL Strategies (HODL), the Toronto-listed digital asset firm focusing on Solana (SOL), said on Tuesday it has acquired over $18 million worth of SOL tokens, using proceeds from a…
- Crypto Economy
$188M Bitcoin-Backed Bond Sale by Ledn Signals Market Move — Bloomberg
TLDR: The transaction includes investment-grade tranches rated BBB- by S&P Global. A total of 4,078 BTC serve as collateral to ensure debt repayment. Jefferies Financial Group led…
- Crypto Economy
South Korea Prosecutors Lose Seized Bitcoin During Security Check
South Korea's Gwangju District Prosecutors' Office reported that a tranche of seized bitcoin went missing after staff mistakenly interacted with a fraudulent site. The loss…
Related protocols
Other DeFi protocols connected to Tranche Finance by category, deployment chain, or shared codebase lineage — useful for comparing TVL, fee models, or audit posture across direct peers.
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Risk Warning
DeFi protocols carry inherent risks including smart contract vulnerabilities, liquidity risks, and potential loss of funds. Always do your own research before investing.
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