Regarding $CHESS : Tranchess is a solid yield-enhancing DeFi protocol (structured products on $BTC /$ETH ), but right now it's down 99% from ATH, market cap ~$6.4M, low TVL. High volume today likely wash trading or pumps/dumps—don't chase highs. Beginners: Only risk what you can lose entirely. Stake for governance if holding long, but expect more downside in bear phases. Harsh truth: Most small DeFi tokens bleed slowly. (DYOR—high risk)