chameleon (CHAMELEON): What It Is, Uses and Risks

Chameleon (CHAMELEON) is a crypto token reported as issued on Hyperliquid L1. Public sources do not explain who created it, what problem it addresses, or whether it is connected to a particular app or service. That means its purpose should not be assumed from its name or ticker alone.

Searches for “Chameleon” and “CHAMELEON” can also bring up tokens described as being on Solana, as well as unrelated projects with similar names. A shared name or ticker is not proof that two listings refer to the same asset. The figures here identify CHAMELEON as issued on Hyperliquid L1; check the network and token identifier against a reliable project or chain source before interacting with any listing. No launch date or consensus role is specified for this token.

The reported total supply is 1 billion CHAMELEON, with all 1 billion listed as circulating and the maximum supply also set at 1 billion. These supply figures do not establish how tokens are distributed, who controls them, or whether any tokens are subject to restrictions. Public sources also do not describe a specific use for CHAMELEON, such as paying fees, voting, or accessing an application. Treat any claims about utility as unconfirmed unless they can be checked against the project’s own documentation and on-chain records.

As of 2026-11-05, the token’s price was about $0.000209 and its market capitalization and fully diluted valuation were each about $209,000. Reported 24-hour trading volume was about $13,800, and the seven-day price change was approximately -4.9%. These are time-sensitive figures, not measures of a token’s quality or a guide to future performance.

A token’s name and ticker are not unique identifiers. Public reporting for CHAMELEON include listings that describe a Solana token, but the chain information for the asset covered here says Hyperliquid L1. Do not assume that a Solana listing, a similarly named project, or a token with a different ticker is interchangeable with this CHAMELEON. Confirm the network and exact token identifier before sending funds, trading, or connecting a wallet.

Small or thinly traded tokens can be difficult to buy or sell at a quoted price. The reported market figures are modest, and trading volume can change quickly; a displayed price may not represent the price available for a larger transaction. Token supply and market data can also be incomplete or change over time. Independent checks of the project’s identity, token distribution, and current trading conditions are important, especially when public information about its purpose is limited.

Use a wallet that explicitly supports Hyperliquid L1 and the relevant token before attempting to hold or transfer CHAMELEON. Wallet and network compatibility matter: sending a token through an unsupported network or to an incompatible address can result in loss of access. Verify the token identifier and destination details using trusted project or chain information, and do not rely on a matching name or ticker as confirmation.

Protect your wallet’s recovery phrase and private keys; never share them with a person or website claiming to help you claim, verify, or store tokens. Be cautious of unsolicited messages and unfamiliar token approvals. If you are unsure whether a wallet or service supports this asset, confirm through that provider’s official documentation before transferring funds. Public sources do not identify a particular recommended wallet or custody service, so storage choices should be based on verified compatibility and your own security needs.