The Chase Bliss Lossy pedal replicates digital audio degradation in real-time. It simulates low-quality streaming and compression effects, with artifacts and spectral resonance. It offers three types of loss, a built-in limiter, evolving freeze, customisable reverb, and filters. It has MIDI, CV, and expression control, presets, and modulation options. A compact version of the Goodhertz plugin, it has refined algorithms for enhanced performance.