$CFX What is Conflux (CFX)?
CFX is the native token of Conflux Network, a layer 1 blockchain designed for decentralized applications (dApps) with high scalability, low fees, and fast confirmations thanks to its Tree-Graph PoW/PoS protocol.
The token is used to pay transaction fees, govern the network, and reward miners or stakers.
The network is Ethereum (EVM) compatible, making it easy to port smart contracts and dApps from Ethereum.
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📊 Current market data
Indicator Approximate value
Current price ≈ 0.22 USD (slightly up)
Market capitalization ≈ 1 billion USD
24h volume Several hundred million
Circulating supply ~5.12 billion CFX
Total supply ~5.69 billion (max unlimited)
All-time high ~$1.70 reached in March 2021 (~−87 % current)
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🏗️ Project highlights
Unique technology: the Tree-Graph consensus allows for accepting competing blocks without invalid forks, optimizing the speed and efficiency of the network.
Institutional support: Conflux is one of the few public blockchains authorized in China. It has received funding of 5 million USD from the Shanghai government and collaborates with entities like China Telecom and the Shanghai Blockchain Research Institute.
Growing ecosystem: over 70 active projects and dApps (DeFi, NFT, tools, infrastructures), with plans to deploy native Uniswap V3 and an offshore stablecoin in yuan.
