$CFX CFX, or Conflux, is a public layer-1 blockchain designed to power decentralized applications, e-commerce, and Web 3.0 infrastructure. It's built to be more scalable, decentralized, and secure than existing protocols. Here's what you need to know about CFX:

*Current Price*: $0.2105, with a 2.52% increase in the last 24 hours

*Market Information*:

- *Market Cap*: $1.07 billion, ranking #72

- *24-hour Trading Volume*: $258.8 million, with a 38.38% increase

- *Circulating Supply*: 5.12 billion CFX

- *Total Supply*: Unlimited

*Key Features*:

- *Tree-Graph Consensus Mechanism*: Combines Proof-of-Work and Proof-of-Stake algorithms for secure and efficient transactions

- *Turing-Complete Smart Contracts*: Written in Solidity, compatible with Ethereum Virtual Machine (EVM)

- *Low Transaction Costs*: Fast and effective transactions with minimal network congestion

*Use Cases*:

- *Decentralized Applications*: Build and deploy dApps on the Conflux network

- *E-commerce*: Utilize CFX for fast and secure transactions

- Web 3.0 Infrastructure: Leverage Conflux's scalable and decentralized architecture

Note that there's another entity called Cfx.re, which seems to be related to FiveM and RedM, offering server management and community features. However, this appears to be distinct from the Conflux blockchain and CFX token ¹ ².