The Deflationary Native Token VCM captures value for the CHZ token by requiring its use for gas fee payments and essential network operations, tying its demand directly to transactional activity on the Chiliz network. As a user utilizes CHZ to process transactions, the token’s importance increases with network usage, with this value manifested as economic utility. Additionally, CHZ tokens spent on transaction fees are burned, implementing a deflationary mechanism akin to Ethereum’s EIP-1559, where the base fee is burned, further enhancing value capture by reducing the token’s circulating supply and creating deflationary pressure.

Chiliz
chz$0.0402
+6.55%
24h Price Range
$0.0373
$0.0412
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Market Cap
$391M
Fully Diluted Valuation
$391M
24h Trading Volume
$56.3M
Circulating Supply
9.71B
Total Supply
9.71B
All-Time High
$0.8786
-95.41%
All-Time Low
$0.0041
+881.4%
7 Days
+12.04%
30 Days
-0.47%
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