$CFX

Conflux (CFX) is the native token of the Conflux Network, a public Layer‑1 blockchain designed to provide high scalability, low fees, and strong decentralized security. Conflux relies on a hybrid Tree‑Graph consensus mechanism that combines Proof‑of‑Work and Proof‑of‑Stake, enabling it to process thousands of transactions per second without congestion on the network (confluxnetwork.org, messari.io). Units of $CFX are used to pay transaction fees, secure the network through staking, participate in governance, and even rent storage within the network (confluxnetwork.org, bitget.com). Conflux connects with other chains via the ShuttleFlow bridge, facilitating the transfer of assets between it and networks like Ethereum and Binance Smart Chain (messari.io). The price of $CFX is currently around $0.21, with a market cap of approximately $1.08 billion and a daily trading volume ranging from $300 to $400 million (tradingview.com).