Jones has had a breakout season this year, playing every game since he was called up for senior selection in Round 3. One of Jones' season highlights to this point was when he was among Adelaide's best afield against Carlton in Gather Round, notching 28 disposals, nine marks, and a goal in the resounding victory.
Crows list boss Justin Reid expressed his enjoyment at overseeing Jones' continued development, citing his endurance capability and popularity among teammates.
"We're very pleased with the progress Chayce is making," Reid said in a club statement.
"He's shown he can play at either end of the ground as one of our best runners, he has had a big impact on the wing this season.
"He is tough and has earnt the respect of his teammates who love playing alongside him and we're very excited that will continue for the next three seasons at least."
Jones spoke of the positive trajectory of the football club, noting how comfortable he is playing regular first-team footy at West Lakes.
"We're heading in such a strong direction and playing some great footy and I want to continue to be part of the team that is growing together," Jones said in the statement.
"I feel really settled at the club and it's nice to be playing some regular and consistent footy so I'm really happy to be staying on."
Jones and the Crows are on their bye this weekend before they travel to Melbourne to face the red-hot Pies at the MCG in Round 15.