$CFX The Conflux (CFX) cryptocurrency is a layer 1 public blockchain designed to power decentralized applications (DApps), e-commerce, and Web 3.0 infrastructure. Its technology allows for simultaneous block processing, increasing confirmation speed and transactions per second. Conflux uses a hybrid consensus mechanism that combines Proof of Work (PoW) and Proof of Stake (PoS). The CFX token is used to pay transaction fees, govern the network, and reward miners. Currently, the price of CFX is $0.2126 with a market capitalization of $1.08 billion. The network offers an annual rate of 4% for staking and has tools for developers ¹.