Nobody can reliably predict CHZ's price. Here is where it actually stands. On 25 October 2026, Chiliz (CHZ) traded at about $0.0128, with a market capitalisation of roughly $135 million. That made it the 223rd-largest crypto asset. It was down about 60% over 12 months and 22% over the past 30 days. Many forecasts expected a rally around the 2026 FIFA World Cup, but the price fell through the tournament instead. Any outlook from here depends on three things: whether demand for fan tokens returns, whether buybacks and fee burns can offset new supply, and whether CHZ can keep its liquidity as some venues drop it.
All price figures below come from CoinGecko as of 25 October 2026.
The newest developments (September–October 2026)
- 24 October 2026: A regulated Japanese exchange stopped trading CHZ. It announced the decision on 9 September and gave three reasons: uncertainty about the project's continuity, changes in liquidity, and possible difficulty finding counterparties for cover trades. When the decision was announced, other Japanese venues still listed CHZ.
- 20 October 2026: Chiliz announced that the $PMO Fan Token would launch through the Socios.com platform. It also said $PMO is trading on a Solana decentralised exchange.
- 14 October 2026: Olympique de Marseille's $OM Fan Token went on sale through the Socios.com app. The launch allocation was 250,000 tokens at an issue price of $0.41 each, sold in two waves. In the first wave each buyer could take at most 100 tokens. The second wave had no per-buyer cap.
What the World Cup actually did to CHZ
The tournament ran from 11 June to 19 July 2026 across the United States, Canada and Mexico, with 48 teams and 104 matches. The old idea was a "buy the rumour" run-up before kickoff. That did not happen in 2026:
| Date (00:00 UTC) | CHZ price |
|---|---|
| 1 January 2026 | $0.0427 |
| 17 January 2026 (12-month high) | $0.0621 |
| 1 May 2026 | $0.0413 |
| 1 June 2026 | $0.0339 |
| 11 June 2026 (opening match) | $0.0266 |
| 19 July 2026 (final) | $0.0157 |
| 19 August 2026 (12-month low) | $0.0119 |
| 24 October 2026 | $0.0133 |
From 1 June to the final, CHZ lost about 54%. From the January high to the August low, it fell about 81%. Since then it has stayed between roughly $0.012 and $0.017. The all-time high was about $0.879, set on 13 March 2021, so today's price is roughly 98.5% below that peak.
The lesson: a big sporting event is not a reliable price catalyst on its own. That was true even in a year when Chiliz added national-team and club partners. On 1 June 2026, for example, it announced a Fan Token partnership with the Royal Belgian Football Association.
How CHZ works
CHZ is the native token of Chiliz Chain. The project's documentation says Chiliz Chain 2.0 was released in May 2023. Clubs issue Fan Tokens through the Socios.com platform, and holders use them for polls, rewards and access to club content. CHZ pays gas on Chiliz Chain and is used for staking by validators and delegators.
On 28 April 2026, Chiliz extended Fan Tokens to Solana and Base using LayerZero's Omnichain Fungible Token (OFT) standard. The same token now exists natively on all three chains rather than as wrapped copies. Chiliz Chain remains what the project calls the "purpose-built home" of Fan Tokens.
Chiliz says 10% of revenue from Fan Token sales on all supported chains goes to buying back CHZ. That link matters: if fan tokens sell on other chains, the buyback is now the main way that activity can reach CHZ's price.
What market cap would your CHZ price need?
Enter a CHZ price and a supply figure to see the market cap that price would require.
| CHZ price you want to test | CHZ supply | Implied market cap |
|---|---|---|
| 0.0128 USD | 10.58 billion CHZ | 0.135 billion USD |
| 0.04 USD | 10.58 billion CHZ | 0.423 billion USD |
| 0.1 USD | 10.58 billion CHZ | 1.058 billion USD |
| 1 USD | 15.05 billion CHZ | 15.05 billion USD |
- Price and supply are your own inputs. The defaults show the 25 October 2026 price and circulating supply.
- At today's figures the result is about $0.135 billion, the roughly $135 million market cap in the article. Compare your result with that to see the multiple required.
This multiplies price by supply and nothing else. It does not predict whether any price is likely, and it leaves out burns, buybacks, staking rewards and liquidity.
Supply: inflation vs. burns
CHZ has no maximum supply. Circulating supply is about 10.58 billion tokens.
According to Chiliz's tokenomics documentation (the Pepper8 hard fork, August 2025):
- The initial supply was 8,888,888,888 CHZ.
- Inflation started at 8.80% in year 1 and decays each year to a 1.88% floor from year 14.
- Projected supply after year 14 is about 15.05 billion CHZ.
- New issuance is split 65% to validators and delegators, 10% to the Community Vault and liquidity incentives, and 25% to ecosystem and operations.
- Chiliz Chain uses EIP-1559, so most gas fees are burned. Supply shrinks only if burns exceed issuance.
Burns so far are small next to issuance. Chiliz's May 2026 burn report shows 4,660,013 CHZ burned on 26 May 2026, worth about $165,356 at the time. That money came from the 10% share of Fan Token proceeds. Year-2 issuance under the schedule is about 845 million CHZ, so the May burn equals about 0.55% of it.
Staking
Chiliz's documentation projects staking yields between 5.72% APY (if all supply is staked) and 11.44% APY (if half is staked). Actual yields depend on how much is staked. A liquid staking token, stCHZ, launched on Chiliz Chain on 3 August 2026, according to Chiliz's blog. Unstaking through the protocol takes about six to twelve hours, or holders can sell stCHZ on a decentralised exchange if liquidity allows. Staking rewards are paid in new CHZ, so they add to supply rather than offset it.
Price scenarios: the market-cap math
These are not forecasts. They show what each price would require at today's circulating supply of about 10.58 billion CHZ:
| Price | Implied market cap | Multiple of today |
|---|---|---|
| $0.0128 (25 Oct 2026) | ~$135 million | 1x |
| $0.04 (early-2026 level) | ~$423 million | ~3.1x |
| $0.10 | ~$1.06 billion | ~7.8x |
| $1.00 | ~$10.6 billion | ~78x |
Supply keeps growing, so each target needs a slightly higher market cap every year. To reach $1 by around year 14, when projected supply is about 15 billion CHZ, the market cap would have to be about $15 billion. That is more than 110 times today's value.
What could push CHZ up
- Sustained Fan Token sales on Chiliz Chain, Solana and Base, which raise the 10% buyback.
- More gas use on Chiliz Chain, which increases EIP-1559 burns.
- New club and federation launches, such as $OM and $PMO in October 2026.
What could push CHZ down
- Ongoing issuance that is far larger than current burns.
- Lost liquidity as venues drop CHZ, as happened in Japan on 24 October 2026.
- Fan Token activity moving to other chains without generating enough buyback demand for CHZ.
- Wider crypto sell-offs, which tend to hit small-cap tokens harder.
What to watch next
- Whether Chiliz publishes new burn reports and how large they are next to issuance.
- Sales results for new Fan Token offerings such as $OM and $PMO.
- Exchange listings and delistings, which affect liquidity.
- Gas usage and burns on Chiliz Chain.
The burn, issuance and staking figures above come from Chiliz's own publications. This article is information, not investment advice.
