Chiliz (CHZ) is a sports and entertainment-focused cryptocurrency and blockchain ecosystem built around fan engagement, digital assets, and tokenized access to clubs and brands. CHZ is its native token, used to buy fan tokens and to take part in ecosystem activities. At the time of the market snapshot, CHZ traded at $0.01211, down 3.04% over 24 hours.
Core technology and blockchain architecture
The Chiliz ecosystem runs on Chiliz Chain, a public, permissionless, EVM-compatible blockchain that is a fork of BNB Smart Chain. It replaced the permissioned Chiliz Legacy Chain, which was decommissioned, and launched in May 2023. Fan token migration to the new chain ran from June to September 2023.
CHZ is also deployed on other networks, including Ethereum, Base, Solana and Energi. The original supply of 8,888,888,888 CHZ was minted on Ethereum in 2018 as an ERC-20 token. Fan tokens follow the CAP-20 standard, which is technically equivalent to ERC-20.
Primary use cases and real-world applications
Fan tokens are the core product. Holders can vote on club decisions, take part in fan engagement activities on the Socios.com platform, and redeem rewards. Italian Fan Token holders have redeemed more than 13,000 unique rewards and experiences, according to the company.
CHZ is used to buy these fan tokens and serves as the base asset for trading within the ecosystem. Socios.com lists more than 70 official fan tokens, and the company says they trade on more than 170 global exchanges.
Who is behind Chiliz and where is it based?
Chiliz was founded in 2018, when the CHZ token was issued through a private placement. The project is publicly associated with Alexandre Dreyfus, who is identified as founder and CEO of Chiliz and Socios.com. Max Rabinovitch is listed as Group Chief Strategy Officer and is described by CryptoSlate as having been with Chiliz since its inception. Julian La Picque is Group CFO, and the company's leadership page lists further executives.
The legal entity behind CHZ is The Chiliz Group Limited, a Malta company with registration number C 77290. It was formerly named HX Entertainment Limited and was renamed effective 7 October 2025. Its registered office is in Msida, Malta. Socios Europe Services Limited, also Malta-based, holds MiCA crypto-asset service provider authorisation from the Malta Financial Services Authority, announced on 11 September 2025.
Tokenomics
The circulating supply is 10,590,072,875 CHZ and the total supply is 10,590,205,036 CHZ, so nearly all tokens are in circulation. The market cap is $128.29M, ranking #335, and the all-time high is $0.8786. The price is 98.62% below that peak.
Supply is no longer fixed. The Dragon8 upgrade, which went live on mainnet on 17 June 2024, introduced an inflation model with a base rate of 8.80% in year one, declining to a floor of 1.88% after 14 years. Issuance is allocated 65% to validators and delegators, 10% to the Community Vault, liquidity pools and restaking, and 25% to ecosystem and operations.
Burns offset part of this issuance. Ten percent of Fan Token transaction and marketplace proceeds is used for open-market CHZ buybacks, and the bought tokens are permanently burned. Cumulative burns reached 62,518,268.99 CHZ by September 2026, according to the company's burn reports.
Consensus mechanism and network security
Chiliz Chain uses the Parlia engine and Proof of Staked Authority (PoSA), which combines Proof of Authority with Proof of Stake. Validators take turns producing blocks, and the validator set is elected through staking governance each epoch. The Snake8 hard fork, activated on 14 October 2025, made block-production probability proportional to the CHZ delegated to each validator.
The chain includes double-sign detection and slashing for missed blocks and extended downtime. The validator checklist requires a minimum stake of 10 million CHZ. Public-facing validators include OKX, Animoca Brands, Ankr and SBI Holdings. Sources differ on the number of active validators, with the Chiliz glossary citing 13.
Key partnerships and ecosystem integrations
Chiliz lists Paris Saint-Germain, Manchester City, FC Barcelona, Juventus and Arsenal among its official fan token clubs, and reports more than 80 sporting partners. In 2026, the company added the Royal Belgian Football Association, the Royal Spanish Football Association, Palermo FC and Olympique de Marseille.
On 21 July 2026, Socios.com announced its first US fan token programmes with LSU, Maryland, Michigan State, Penn State and Texas A&M. On 2 September 2026, Socios.com and Securitize announced a partnership to develop regulated tokenized equity offerings for minority stakes in professional sports teams.
Current development activity and roadmap
The Chiliz 2030 manifesto, announced on 3 February 2026, sets out a plan built on Fan Token expansion, US re-entry and SportFi. Fan tokens launched on Solana and Base on 28 April 2026. The $OM Fan Token offering for Olympique de Marseille is scheduled for 14 October 2026.
The Socios Equity Token was announced on 27 August 2026 and is under development. The company says it is not yet available for purchase or investment.