  We study the Chow ring with rational coefficients of the moduli space
$\mathcal F_{2}$ of quasi-polarized $K3$ surfaces of degree $2$. We find
generators, relations, and calculate the Chow Betti numbers. The highest
nonvanishing Chow group is $\mathsf A^{17}(\mathcal F_2)\cong {\mathbb{Q}}$. We
prove that the Chow ring consists of tautological classes and is isomorphic to
the even cohomology. The Chow ring is not generated by divisors and does not
satisfy duality with respect to the pairing into $\mathsf A^{17}(\mathcal
F_2)$. The kernel of the pairing is a 1-dimensional subspace of
$\mathsf{A}^{9}(\mathcal F_2)$ which we calculate explicitly. In the appendix,
we revisit Kirwan-Lee's calculation of the Poincar\'e polynomial of
$\mathcal{F}_2$.
