$CFX

🔍 What Is Conflux (CFX)?

Conflux Network is a layer‑1 blockchain technology combining Proof-of-Work and Proof-of-Stake with its unique Tree‑Graph consensus, enabling fast, scalable, and secure transactions. It is EVM-compatible, supports cross-chain transfers via ShuttleFlow, and provides built‑in staking and low-fee mechanisms like fee sponsorship.

Founded as a research project from Tsinghua University (led by Turing Award winner Andrew Yao), Conflux now operates across Asia and globally, with significant partnerships in China and expansion efforts in regions like Canada and Nigeria.

🪙 Utility of the CFX Token

CFX is the native utility token powering the Conflux ecosystem. It has multiple uses:

Transaction gas fees, paid to validators

Staking & governance, with holders earning rewards and voting power

Renting network storage, participating in DeFi, and incentivizing ecosystem contributions.

📈 Market Snapshot & Recent Momentum

As of today, CFX is trading around $0.21, with a market cap of approximately $1.1 billion and 24-hour trading volume between $223M–$453M depending on the data source