CHIC2 functions as an adapter protein that pairs with the E3 ubiquitin ligase STUB1 to negatively regulate cytokine receptor surface levels by promoting their ubiquitination and degradation (PMID:36108743, PMID:40796662). The STUB1–CHIC2 complex binds CSF2RB, the common β chain of the IL-3, IL-5, and GM-CSF receptors, driving its ubiquitination and lysosomal degradation; loss of either STUB1 or CHIC2 stabilizes CSF2RB, with the strongest effect at low cytokine concentrations (PMID:36108743). In CD8+ T cells the same complex restrains expression of IL-27 receptor α, and knockout of CHIC2 (or STUB1) enhances anti-tumor function across murine tumor models in an IL-27Rα-dependent manner (PMID:40796662). CHIC2 also has a recurrent role in hematologic malignancy: it lies at chromosome 4q12 between FIP1L1 and PDGFRA, such that the interstitial deletion fusing those kinase genes removes CHIC2, making CHIC2 loss a surrogate marker for the FIP1L1-PDGFRA fusion (PMID:12842979), and CHIC2 itself can fuse to ETV6 in AML with t(4;12), generating a chimeric transcript that retains the ETV6 HLH and ETS DNA-binding domains under the CHIC2 promoter (PMID:10477709).