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Crypto Almanac Daily

Conflux

CFXRank #152
$0.0444-2.02%
Market cap
$231.30M
24h volume
$4.68M
24h high
$0.0454
24h low
$0.0434
Circulating supply
5,213,885,115 CFX
All-time high
$1.70
All-time low
$0.022
Max supply
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Conflux price chart

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CFX to USD

1 CFX = $0.04 · rate updated at load

Liquidity

Where to buy Conflux

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DigiFinexCFX/USDTTrade
Overview

About Conflux

Conflux (CFX) is the native token of a permissionless Layer 1 blockchain that connects decentralized economies across borders and protocols. Having migrated to a hybrid proof-of-work and proof-of-stake model, Conflux aims to offer a fast, secure and scalable network with low fees and little congestion.

What is Conflux (CFX)?

Conflux is a smart-contract platform notable for being a regulatory-compliant public blockchain in China, which gives it a distinctive position for projects expanding into Asian markets. It has worked with global brands and public bodies on blockchain and metaverse initiatives in the region. CFX is the asset that pays for computation, secures the chain and enables governance.

How does Conflux work?

Conflux recently moved to a hybrid PoW/PoS consensus, combining the security of proof-of-work mining with the efficiency and participation of proof-of-stake. The network handles transactions much like Ethereum: users submit contracts with a gas limit and a gas price denominated in CFX. Each CFX is divisible into very small units (Drip), and the design targets zero congestion, low fees and strong network security.

  • Hybrid PoW/PoS consensus for security and efficiency
  • Ethereum-style gas model paid in CFX
  • Positioned as a compliant public chain with an Asia focus
  • Staking to earn network rewards and support security

Conflux tokenomics and supply

CFX is described by the project as a scarce, hard-capped asset used for fees and staking. In the available data, total supply is roughly 5.22 billion tokens, with about 5.21 billion in circulation, so most of the supply is already live. CFX has ranged from an all-time low near $0.022 to an all-time high around $1.70, showing meaningful volatility across market cycles.

What is Conflux used for?

CFX has several core roles: paying transaction and storage fees, staking to help secure the network and earn interest, and participating in governance votes. As a Layer 1 smart-contract platform, it also underpins the applications built on Conflux, and users interact with the ecosystem through compatible wallets much as they would on Ethereum.

Where to buy Conflux

CFX is supported across leading exchanges. Compare current CFX pairs, fees and liquidity using our best crypto exchanges ranking before trading. For custody and staking, choose a Conflux-compatible wallet from our best crypto wallets guide; CFX can also be staked through community-operated staking pools.

Is Conflux a good investment?

Conflux offers a differentiated angle through its compliance status and Asia focus, but CFX remains a volatile Layer 1 token whose value depends on real ecosystem adoption and regulatory developments. Regional and policy factors add both opportunity and uncertainty. Research the network thoroughly, manage risk, and remember this is not financial advice.

Reference

Technical data

ConsensusHybrid Proof of Work / Proof of Stake
Max supplyNo fixed cap
Reference

Frequently asked

Is Conflux proof of work or proof of stake?

Conflux uses a hybrid model, combining proof of work and proof of stake after migrating to this consensus design.

How many CFX tokens are there?

In the available data, Conflux has a total supply near 5.22 billion CFX, with about 5.21 billion already circulating.

Can you stake Conflux?

Yes. CFX can be staked to help secure the network and earn rewards, including through community-operated staking pools.

Where can I buy Conflux?

CFX is supported on many leading exchanges. Use our best crypto exchanges ranking to compare fees and liquidity.