$CFX is the native token of Conflux Network, a high-performance, layer-1 blockchain designed to solve the scalability and decentralization issues of traditional blockchains. Based in China, Conflux uses a unique Tree-Graph consensus mechanism that combines proof-of-work and directed acyclic graph (DAG) structures, enabling high throughput and low fees. $CFX is used for transaction fees, staking, and governance on the network. With strong academic backing and regulatory compliance in China, Conflux has partnered with major brands like McDonald's China and Little Red Book (Xiaohongshu). It bridges decentralized finance (DeFi) and traditional industries in both Asian and global markets.