Chiliz

Chiliz is a fintech platform designed to connect global sports fans more closely with their favorite teams and clubs. The CHZ token is the native asset of the Chiliz Layer 1 blockchain and sits at the center of a broader ecosystem that includes fan tokens, NFTs, and sports-related digital experiences. It is aimed at sports organizations and their fan bases who want blockchain-based tools for engagement and ownership.

Chiliz operates as a Layer 1 blockchain, meaning it settles its own transactions rather than relying on another chain for finality, though the consensus algorithm used is not specified in the available data. CHZ functions as the utility token within this chain, used to pay for transactions and interact with the platform's sports and fan-token products. The project also appears within the Ethereum and Solana ecosystems in some capacity, suggesting CHZ or related assets may exist as tokens on those networks as well.

The Chiliz chain collected 160 USD in fees over the most recent 24-hour period, 955 USD over the trailing 7 days, and 3,889 USD over the trailing 30 days, with trailing 12-month fees totaling 84,417 USD. Annualizing the 30-day figure produces approximately 47,316 USD in fees per year. At that run rate, the ratio of market capitalization to annualized fees stands at 3,159.28, reflecting a very small fee base relative to the network's size. The full circulating supply of 10,559,985,172 CHZ is already in circulation, with no further supply pending or overhanging the market.