To expand on what meat said: (cut and pasted from diamond chain's web site)
25. Roller Chain Length Measurement
How can the wear in a roller chain be accurately measured and when is the chain considered worn out?
ANSWER: Roller chain can be measured relatively accurately by measuring the tight span of the drive, when the drive is OFF, by measuring from center of one pin to the center of another. The more pitches (pins) contained within the measurement increase the accuracy. If the measured value exceeds the nominal by more than the allowable percentage the chain should be replaced. The maximum allowable wear elongation is approximately 3% for most industrial applications, based upon sprocket design. The allowable chain wear in percent can be calculated using the relationship: 200/N, where N is the number of teeth in the large sprocket. The relationship is often useful since the normal maximum allowable chain wear elongation of 3% is valid only up to 67 teeth in the large sprocket. In drives having fixed center distances, chains running in parallel or where smooth operation is required, the amount of wear should be limited to approximately 1.5%.
10 links fo 520 chain should measure 6.25in/159mm.
If is is worn out it will measure more than 6.344in/161mm.
Go mesure your chain to see is it needs replacing. If not clean it, lube it, wipe off excess lube, adjust it (a bit on the loose side), and go ride.