The name Chace is a boy's name meaning "to hunt". Chace and is often added to lists like New Baby Names on the Rise and discussed in our forums with posts like "The Makeover Baby Name Game".
From the experts:
This unusual spelling was introduced via the hot young star of Gossip Girl, Chace (born Christopher Chace) Crawford, and experienced some mass interest, though it has fallen down the charts since it peaked in 2009. Think of it as a combination of cool-guy names Chase and Ace.