Welcome to the Chiliz Monthly Overview. A one-stop-shop for the community to get up to speed on the ecosystem’s latest launches, metrics, developments and more. All in one place.
New here? Subscribe to get updates straight to your inbox.
Chiliz by the numbers
CHZ token price: $0.04
Trading volume: $36.2M
Daily transactions: 42.9K
CHZ staked: 2.42B
Staking APR: 19.79%
The metrics are accurate at the time of publication.
What Caught Our Eye This Month
Dexsport integrated Chiliz Chain to its onchain sportsbook platform, allowing users to make wagers using the CHZ token
Chiliz will be at the Digital Chamber Blockchain Summit in Washington DC as a main sponsor
Fan Tokens partnered with Layer Zero to make its assets omni-chain and tradeable on Solana and Base
The biggest update of the month
📰 What we’re watching: Chiliz has burned nearly 10.9 million CHZ tokens (worth roughly $432,000), the first buyback of its long-term monthly repurchase program that would see the network using 10% of Fan Token revenue to remove tokens from supply.
📰 Why it matters: Chiliz’s monthly burn mirrors existing programs that are designed to remove tokens from circulating supply without affecting demand.
Since Chiliz’s buyback is funded by Fan Token revenue (purchases, trades and other fee activity), rather than treasury funds or new token issuance, the company is effectively funneling revenue back into its ecosystem instead of using idle capital to conduct the repurchase.
Token buybacks work the same way as a traditional stock buyback for public companies, where reduced supply gives holders a way to exit.
As a result of the buyback, CHZ rose from $0.039 to $0.0438 following the burn. While some of that move reflects broader crypto market’s recovery, price action increasing at the same time as the burn shows Chiliz was able to maintain the same amount of buying activity.
📰 The bigger picture: This burn is part of Chiliz’s 2030 vision, which involves using buybacks and burn as a way to drive valuation and liquidity.
This ties into Chiliz's token model, which aims to tie performance directly to fan engagement. In essence, more fans buying, trading, and participating means more revenue, which means more CHZ will be removed from circulation each month.
Highlighting the Chiliz Ecosystem
Naver Pay, a payments app with 33M users in Korea, hit 800K wallets created on the Chiliz chain
Bittime listed eight Fan Tokens on its Indonesian crypto exchange
Pepper DAO voted last week to allocate CHZ accumulated through the Pepper Treasury into a centralized exchange that lists fund and stakes for governance rights
FanX launched a prediction platform that lets users bet on 10-minute CHZ token price action
Join in
Check out Fantokens.com for the latest market data and news relating to 80+ Fan Tokens
Catch you next month.
To get this newsletter delivered to your inbox, subscribe here:
This product was built by Token Relations.
This information is for entertainment purposes only. It should not be considered financial advice, nor should it be used to make investment decisions. Cryptocurrencies are high risk and you should consult a financial professional before making any financial decisions. Make sure you do your own research.