$CHESS is trading at $0.08134—with a 24-hour volume of $8.76 M and a market cap of $16.34 M, up 13.63% on the day—on the heels of its newly launched CHESS Buyback Program, which commits to repurchasing 10% of market cap over six months and signals strong on-chain support; a surge in veCHESS staking, where nearly 19% of protocol income now flows to locked holders, tightening circulating supply; and a healthy TVL rebound to $46.53 M, reinforcing the protocol’s capital efficiency and drawing both yield-seekers and momentum traders back into CHESS’s unique leveraged-yield ecosystem.