This page gives some information about memory usage and performance and how to affect memory usage.
There are a few reasons Chatty may use a considerable greater amount of memory compared to other IRC clients:
You can use the /appinfo command in Chatty to get some
        information about current memory usage. Note that these values can be
        somewhat different from what is shown in e.g. Task Manager.
When you start a Java program there is some default maximum amount of memory it is allowed to use, which can vary on a case-by-case basis.
You can tell Java the maximum amount heap memory it can use by using the
        launch option -Xmx400M. In this example it allows a maximum
        heap of 400MB, which is recommended for good performance. You should
        normally never set it below 200MB or you may experience issues.
Create a shortcut (you may
        already have created one with the installer). When editing the shortcut
        change the target and add the launch option after Java but before the
        -jar part (you may have to add the javaw and
        -jar parts). It should end up looking similiar to:
javaw -Xmx400M -jar "D:\Chatty\Chatty.jar"
The Chatty.exe of the Windows Standalone
        version will look for launch options in the file Chatty.cfg
        in the app folder, so you can add the -Xmx400M
        there, after [JVMOptions] (should already be there by
        default, so you can just change the number).
If Java cannot clean up enough memory to make space for new data to be stored, an OutOfMemory exception will occur.
/appinfo to find out current and max usage.Short of analyzing a heap dump, basicially a full copy of the programs memory, it is hard to tell what exactly takes up the memory. Such analysis is often performed duing development and testing, but if an issue can not be reproduced then finding the exact cause can be difficult.
The following settings can be adjusted to reduce memory usage: