Conflux Token price

in USD
$0.12224
-- (--)
USD
Market cap
$629.41M
Circulating supply
5.14B / 5.72B
All-time high
$1.700
24h volume
$68.85M
2.9 / 5
CFXCFX
USDUSD

About Conflux Token

CFX (Conflux Token) is the native cryptocurrency of the Conflux Network, a high-performance blockchain designed for speed, security, and scalability. Unlike traditional blockchains, Conflux uses a unique Tree-Graph consensus mechanism to process transactions quickly and efficiently, making it ideal for decentralized applications (dApps) and global payments. CFX is used to pay for transaction fees, participate in network governance, and incentivize validators. Its ecosystem supports stablecoins, cross-border payments, and real-world asset tokenization—bridging traditional finance with blockchain. With a focus on regulatory compliance and enterprise adoption, CFX offers a practical gateway into the world of decentralized finance (DeFi) for beginners and developers alike.
AI insights
DeFi
Proof of Work
CertiK
Last audit: Sep 4, 2020, (UTC+8)

Conflux Token’s price performance

Past year
-26.46%
$0.17
3 months
+19.28%
$0.10
30 days
-33.22%
$0.18
7 days
-18.28%
$0.15

Conflux Token on socials

BullishBanterSociety
BullishBanterSociety
🚨 OUR #AI PREDICTS THE TOP #CRYPTO LOSERS → 90 DAYS 1. $KAS -29.83% 2. $JUPSOL -18.59% 3. $CFX -14.55% 4. $CAKE -14.45% 5. $USDY -13.81% 6. $IP -12.01% 7. $LSETH -10.89% 8. $OSETH -10.85% 9. $WBETH -10.38% 10. $WEETH -8.73% #investing #trading #money
0xSun
0xSun
I just closed all the remaining long positions of this hedging position opened at the beginning of August. Currently, apart from the newly bought Meme on BSC, I am basically in a cash position. On October 10th, with this level of altcoin flash crash, if the market really self-corrects in a day or two and continues to rise, there will be no shortage of opportunities to get in. However, if there are any hidden risks or potential impacts that haven't surfaced yet, it will be hard to predict the direction. I don't expect to catch every opportunity, but at this point, defending a position at least won't go wrong. This hedging position performed quite well throughout August. Starting in September, ETH's rise compared to other altcoins became less pronounced, so I made some adjustments. Later, as the overall market weakened, the decline of altcoins exceeded that of ETH, and the profits from the hedging position began to rise again, prompting me to gradually reduce my positions. In the end, I surprisingly closed my short position at a low price during the altcoin flash crash, and the remaining long positions benefited from a rebound, far exceeding expectations. In several trades with significant secondary returns, I basically got the trend right, such as shorting a basket of altcoins at the beginning of the year, recent hedging, going long on XPL, and shorting WLFI, etc. To achieve substantial profits in the secondary market, one generally needs to take larger positions, which also increases risk exposure, so it's crucial to have a planned stop-loss strategy. The advantage is stronger liquidity, allowing for more capital to be accommodated. On-chain, like recently when the market is good, I spend more time and energy monitoring the chain. Even during the relatively dry months, I would check the on-chain hotspots every morning upon waking up, not only because this is my area of expertise where I've achieved results, but also because on-chain data can reflect market trends and sentiment. For example, recently, if one had deeply engaged with the BSC chain from the start, they would notice that this time has sustainability. Even without trading dogs, simply going long on BNB has more logical support. The advantage of on-chain is that it allows for small investments to yield large profits, with opportunities to make over 1M without needing too much capital, while the downside is that it requires a significant investment of time and effort to gather information and analyze projects. This is also why I chose to keep the Meme on BSC, as it is currently the biggest hotspot. Including the logic I wrote in my last tweet, if the market stabilizes later, I still believe that the ceiling for BNB Chain can be broken, and these coins have the best odds. Meanwhile, the larger spot and contract positions are in a cash position, allowing me to observe the market's subsequent trends.
0xSun
0xSun
At present, the long and short divergence is serious, I opened a hedging trade, long ETH, short a package of copycats, the position is about 1:1, and I will exchange ideas with you. My logic is that ETH is the engine of this round of rise that began at the end of June, and the main driving force is that institutions follow the micro-strategy and purchase ETH through currency stock financing, and the other is the stablecoin narrative, which is the relevant core infrastructure and settlement layer. Referring to the previous process of buying BTC with micro-strategies and driving prices all the way up, in the end, most altcoins are far from outperforming BTC. This part of the funds used by currency stocks and institutions to buy ETH is also unlikely to spill over to other altcoins. According to CMC, only 20 of the top 200 tokens have risen more than ETH in the past 30 days, including Bonk, Zora, CFX, and ENA, which are obviously driven by positive events. In terms of copycat selection, follow the logic of previous shorting, give priority to those with high market capitalization, non-leader, weak move, and low presence, and disperse short selling, set stop losses, and prevent single targets from exploding. If the market continues to be bullish in the second half of the year, I believe there is a high probability that it will still be driven by ETH, and if it goes bearish, I don't think the copycats can be alone, and ETH at least has the purchasing power of institutions. It will lead to the failure of this hedging idea, either the altcoin season is really coming, most of the altcoins continue to outperform ETH, or ETH fluctuates or leads the decline, while other altcoins do not fall much, according to the experience of the past few months, I think the possibility is small.
IDDXD
IDDXD
This curation may or may not be notable. TLDR: I might have been the first (and only?) collector to curate all 6 gradients including a matching skittle from @checksvv by @jackbutcher with a complementary color palette. For me its a huge accomplishment! Why? A thread. 1/14
Checks
Checks
Expanding Node 0x32ec...61eb Received Original #15771 Owns 8 Checks Node uptime: 711d 2h

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Conflux Token FAQ

Conflux is a high-performance public blockchain designed to be the bedrock of Web3 applications. Combining scalability, affordability, and comprehensive support for smart contracts and dApps, Conflux facilitates a dynamic and robust decentralized ecosystem.

Conflux combines the best features of Bitcoin and Ethereum to create an advanced and scalable blockchain. It provides users with a platform that offers various possibilities, rewards, and incentives while remaining cost-effective.

Easily buy CFX tokens on the OKX cryptocurrency platform. OKX’s spot trading terminal includes the CFX/USDT trading pair.

You can also swap your existing cryptocurrencies, including XRP (XRP), Cardano (ADA), Solana (SOL), and Chainlink (LINK), for CFX with zero fees and no price slippage by using OKX Convert.

Currently, one Conflux Token is worth $0.12224. For answers and insight into Conflux Token's price action, you're in the right place. Explore the latest Conflux Token charts and trade responsibly with OKX.
Cryptocurrencies, such as Conflux Token, are digital assets that operate on a public ledger called blockchains. Learn more about coins and tokens offered on OKX and their different attributes, which includes live prices and real-time charts.
Thanks to the 2008 financial crisis, interest in decentralized finance boomed. Bitcoin offered a novel solution by being a secure digital asset on a decentralized network. Since then, many other tokens such as Conflux Token have been created as well.
Check out our Conflux Token price prediction page to forecast future prices and determine your price targets.

Dive deeper into Conflux Token

In the dynamic landscape of the cryptocurrency industry, the pursuit of Web3, the next evolutionary stage of the internet, is underway. Web3 envisions a decentralized web woven from individual projects, necessitating their interconnectivity for its realization. Amid this landscape, certain projects have gained prominence. Conflux (CFX) stands as a prime example of such innovation.

What is Conflux

Conflux is a public Layer 1 blockchain created to power decentralized apps (dApps), e-commerce, and Web3 infrastructure. With an emphasis on scalability, security, and true decentralization, Conflux takes a unique approach to addressing multiple industry challenges. Through its innovative technical architecture, the project simplifies user and developer interactions with blockchain products, facilitating seamless engagement with its ecosystem.

The Conflux team

​​Established in 2018, Conflux was founded by Fan Long. A skilled programmer with a focus on cybersecurity and blockchain, Long's journey includes a Ph.D. in Computer Science from MIT after completing his studies at Tsinghua University. Co-founding the project alongside Ming Wu (CTO) and YuanJie Zhang, the team expanded to include Guang Yang as its research director and a dynamic mix of scientists, researchers, business managers, and other accomplished professionals.

How does Conflux work

Conflux streamlines the transfer of assets by ensuring swift, efficient transactions free from network congestion. Its scalability ensures minimal transaction costs. This is achieved through its utilization of the Tree-Graph consensus mechanism, which ingeniously blends the strengths of both Proof of Work (PoW) and Proof of Stake (PoS) consensus models. The protocol further employs Turing-complete smart contracts coded in Ethereum's programming language, Solidity, making it compatible with the Ethereum Virtual Machine (EVM) and widening its applicability.

Conflux’s native token: CFX

Conflux's native cryptocurrency is CFX, which powers the platform and incentivizes users. Launched on October 28, 2020, CFX has an infinite max supply, with a total supply of 5.27 billion.

CFX use cases

The CFX token has diverse utility. It serves as a means to pay transaction fees and as a store of value. Additionally, it offers users opportunities to earn rewards via staking and various miner incentives. Token holders also gain the ability to actively engage in the project's governance through the voting process.

CFX distribution

Conflux Token distributed its supply as follows:

  • 40 percent: Set aside for the project’s ecological fund
  • 36 percent: Kept by the core team and seed investors
  • 16 percent: Allocated to private investors and reserves
  • 8 percent: Community fund

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Market cap
$629.41M
Circulating supply
5.14B / 5.72B
All-time high
$1.700
24h volume
$68.85M
2.9 / 5
CFXCFX
USDUSD
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