Ask a cyclist what a worn chain costs in watts, and you will usually get a number. Ask where that number comes from, and the answer gets vaguer. That is because "chain wear" has quietly become shorthand for three different things happening at once: the chain mechanically elongating, grime building up between the rollers, and the lubricant breaking down. Only one of those is actually wear. The other two are most of why an overhauled drivetrain feels faster than a worn one, even when a chain checker says the difference is small.
Componentry's Drivetrain power loss feature, now live in the mobile app and on the web, is built around that distinction. Instead of one number claiming to represent "the cost of a worn chain," it shows three, and tells you which one is the actual problem on your bike.
Where the Watts Actually Go
Independent lab testing gives a clearer picture than most cycling folklore does. CeramicSpeed's Friction Facts testing isolated mechanical wear by ultrasonically cleaning and identically re-lubricating every chain before measurement, so the results reflect elongation alone, with dirt and lubrication held constant. The finding: chain stretch adds roughly 2 watts of drivetrain friction per 1% of elongation at 250 watts. (CeramicSpeed: Drivetrain Efficiency Test) At 0.5% elongation, the point most riders replace an 11- or 12-speed chain, that works out to roughly 1 watt above a new chain. Push it to 1%, well into cassette-damaging territory, and the mechanical penalty alone is still only around 2 watts.
That is a smaller number than most riders expect, and it is not the number responsible for making an old chain feel slow.
The larger, more variable losses come from contamination and lubrication. SILCA's testing puts a clean, well-lubricated chain at around 6 watts of friction at 250 watts of rider input, and notes that dirt and grit alone can take a chain that would otherwise be losing 3 to 4 watts up toward 15 to 20. (SILCA: Science of Chain Efficiency Explained) A chain run dry, with no meaningful lubricant left, can lose 20 watts or more compared with the same chain freshly lubed. And because a worn chain's surface holds contamination differently than a new one, Zero Friction Cycling's real-world testing on used-but-cleaned chains finds the practical, on-the-bike penalty for elongation runs higher again than the lab-isolated figure. (Zero Friction Cycling)
So when a rider replaces a chain and the bike feels noticeably faster, most of that improvement was rarely the stretch. It was the grime and the tired lubricant leaving with it.

