Welcome to the Chiliz Monthly Overview. In this edition, we explore Fan Tokens expanding to Solana and Base, Fan Tokens’ contract upgrade, further growth in Japan and the report which revealed 30% of US sports fans already know about Fan Tokens.
New here? Subscribe to get updates straight to your inbox.
Chiliz by the numbers
CHZ token price: $0.042 (+8.87%)
Trading volume: $39.3M (-7.7%)
Daily transactions: 46.9K (+9.6%)
CHZ staked: 2.41B CHZ (-0.4%)
The metrics are accurate at the time of publication. The percentage change is over a 30-day period.
What Caught Our Eye This Month
Chiliz Fan Tokens have transitioned from whole integers to 18 decimal places, designed to make them more compatible with DeFi applications such as wallets and exchanges, across different chains.
Chiliz’s Global Fan Report: U.S. Edition,” revealed over 30% of respondents, from 15,000 surveyed, said they know about Fan Tokens, but do not yet own one, underlining Chiliz’ U.S. opportunity.
SBI Chiliz, a joint venture between Chiliz and Japanese digital asset company SBI Holdings, has signed a memorandum of understanding with football club Tokyo Verdy to explore fan token use cases in the country. The project would focus on potential Fan Token use cases such as voting, digital collectibles, and engagement rewards, as well as building regulatory and operational frameworks to potentially launch Fan Tokens in the country.
The biggest update of the month
📰 What we’re watching: Fan Tokens are now available on Solana and Base, alongside CHZ and Chiliz ecosystem token PEPPER.
📰 Why it matters: The addition of Solana and Base expands liquidity and accessibility significantly, especially because Solana has consistently ranked as one of the top chains for DEX activity, and Base is frequently in the top five.
Listing its tokens natively on these chains exposes Chiliz's assets to deeper liquidity pools and broader DeFi integrations, such as lending and perpetual futures markets, and wallet support.
As part of the rollout, Chiliz tapped LayerZero and Sunrise to maintain unified supply across the blockchains rather than relying on wrapped versions of the bridged tokens. This also allows Chiliz to allocate 10% of revenue from token sales across all chains to continue repurchasing and burning CHZ tokens.
📰 The bigger picture: The expansion lines up with Chiliz's broader push into the U.S. market, a move that became viable earlier this year after the SEC and CFTC jointly classified Fan Tokens as digital collectibles and digital tools.
The timing of the cross-chain rollout matters in that context. U.S. users entering the Fan Token category for the first time are far likelier to already hold assets and use wallets on Solana or Base than on Chiliz. Native availability on those networks removes a friction point that would otherwise get in the way of U.S. fans buying their first Fan Tokens.
Highlighting the Chiliz Ecosystem
Fan Tokens for Paris Saint-Germain and Arsenal rose 44% to $1.30 and 21% to $0.50, respectively, following the clubs’ wins in their European Football Champions League matches
FanIndex is creating an index layer for Fan Tokens that introduces ETF-style basket exposure and portfolio infrastructure
Overylay has listed Chiliz’ CHZ token on its perpetual futures market
Join in
Want to dive deeper into the Chiliz ecosystem?
Follow Chiliz on X, or join the community’s Discord and Telegram servers
Check out Fantokens.com for the latest market data and news relating to 80+ Fan Tokens
Catch you next month.
Hit reply and let us know how we did! What was your favorite part of the newsletter? Our founder reads every response.
To get this newsletter delivered to your inbox, subscribe here:
This product was built by StrataMedia.
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.