Chrome Developer Tools is a powerful tool for debugging and profiling websites. It allows developers to inspect page elements, edit CSS styles, debug JavaScript, log console messages, profile performance, and more. Some key features include the Elements panel for inspecting DOM elements, the Styles panel for editing CSS, the Console for debugging JavaScript, the Network panel for profiling network requests, and support for debugging mobile apps on actual devices. Overall, Chrome Developer Tools is a very useful tool that can help developers build and optimize high quality websites.