CFX
Conflux Token
CFX

Conflux Token price

in USD
$0.21418
-$0.00752 (-3.40%)
USD
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Market cap
$1.10B #53
Circulating supply
5.12B / 5.69B
All-time high
$1.7007
24h volume
$306.51M
2.9 / 5
CFXCFX
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About Conflux Token

DeFi
Proof of Work
Official website
White Paper
Github
Block explorer
CertiK
Last audit: Sep 4, 2020, (UTC+8)

Conflux Token’s price performance

27% better than the stock market
Past year
+37.73%
$0.16
3 months
+178.19%
$0.08
30 days
+177.29%
$0.08
7 days
+18.71%
$0.18
Conflux Token’s biggest 24-hour price drop was on Mar 29, 2021, (UTC+8), when it fell by $0.60620 (-36.08%). In Mar 2021, Conflux Token experienced its biggest drop over a month, falling by $1.2007 (-70.60%). Conflux Token’s biggest drop over a year was by $1.5308 (-90.01%) in 2021.
Conflux Token’s all-time low was $0.021690 (+887.45%) on Dec 30, 2022, (UTC+8). Its all-time high was $1.7007 (-87.41%) on Mar 27, 2021, (UTC+8). Conflux Token’s circulating supply is 5,118,104,340 CFX, which represents 89.93% of its maximum circulating supply of 5,691,041,138 CFX.

Conflux Token on socials

Mrseven.eth
Mrseven.eth
This hedge is also good, but it feels limited to before the fomo market starts, specifically before the big breakthrough of ETH.
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.
2.7K
0
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.
61.83K
438
Cheds Trading
Cheds Trading
$CRV further range low tests on daily within high and tight
Gallery 1
13.91K
46
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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 $0.21418. 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

Disclaimer

The social content on this page ("Content"), including but not limited to tweets and statistics provided by LunarCrush, is sourced from third parties and provided "as is" for informational purposes only. OKX does not guarantee the quality or accuracy of the Content, and the Content does not represent the views of OKX. It is not intended to provide (i) investment advice or recommendation; (ii) an offer or solicitation to buy, sell or hold digital assets; or (iii) financial, accounting, legal or tax advice. Digital assets, including stablecoins and NFTs, involve a high degree of risk, can fluctuate greatly. The price and performance of the digital assets are not guaranteed and may change without notice.

OKX does not provide investment or asset recommendations. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition. Please consult your legal/tax/investment professional for questions about your specific circumstances. For further details, please refer to our Terms of Use and Risk Warning. By using the third-party website ("TPW"), you accept that any use of the TPW will be subject to and governed by the terms of the TPW. Unless expressly stated in writing, OKX and its affiliates (“OKX”) are not in any way associated with the owner or operator of the TPW. You agree that OKX is not responsible or liable for any loss, damage and any other consequences arising from your use of the TPW. Please be aware that using a TPW may result in a loss or diminution of your assets. Product may not be available in all jurisdictions.
Market cap
$1.10B #53
Circulating supply
5.12B / 5.69B
All-time high
$1.7007
24h volume
$306.51M
2.9 / 5
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