Conflux Price Today – Live CFX Chart

What is Conflux?

Conflux Network (CFX) is a high-throughput, permissionless Layer 1 blockchain best known for being one of the few public chains operating in regulatory compliance with Chinese authorities. The project was co-founded in 2018 by Dr. Fan Long, a Turing Award laureate's protégé, alongside a team of computer scientists from Tsinghua University, MIT, the University of Toronto, and Carnegie Mellon.

Its mainnet launched in October 2020 following a $35 million funding round backed by Sequoia China, Baidu Ventures, Huobi, and Rong 360. Conflux's defining innovation is its Tree-Graph consensus algorithm, a novel DAG-based variant of Nakamoto consensus that processes concurrent blocks in parallel rather than discarding forks, enabling throughput of 3,000-6,000 TPS while preserving proof-of-work security and decentralization.

The network operates a dual-space architecture introduced via the Conflux Hydra upgrade, featuring a Core Space (native Conflux environment) and an eSpace that is fully EVM-compatible, allowing Ethereum developers to port Solidity dApps without modification. Conflux has carved out a unique geopolitical position as a bridge between Western DeFi infrastructure and Asian regulated markets.

The Shanghai municipal government partnered with Conflux to develop a blockchain research institute, and the network has collaborated with the Chinese city of Changshu on public-sector blockchain initiatives. A landmark 2023 partnership saw Conflux work with China Telecom to launch a Blockchain SIM (BSIM) card that stores private keys at the hardware level, targeting the telecom giant's hundreds of millions of subscribers.

Other notable integrations include partnerships with Little Red Book (Xiaohongshu) for NFT issuance, McDonald's China for limited-edition NFT campaigns, and Oreo for Web3 marketing activations. The ecosystem hosts a growing set of DeFi protocols such as Swappi (a leading DEX on eSpace), Goledo Finance (lending), and MoonSwap, alongside NFT marketplaces and GameFi projects.

Conflux uses a hybrid Proof-of-Work and Proof-of-Stake model, where PoW miners produce blocks while staked CFX holders participate in finality voting, a design intended to balance computational security with economic finality. Validators and stakers earn yields denominated in CFX, and the network burns a portion of transaction fees. Despite its technical credentials, Conflux has faced challenges common to Layer 1 blockchains: intense competition from Solana, Avalanche, and BNB Chain; periods of low developer activity outside Asian markets; and scrutiny over how closely its operations align with Chinese regulatory expectations given China's broader crypto trading bans.

Price action has historically been volatile, with significant rallies tied to Chinese policy signals, Hong Kong's virtual asset licensing regime, and speculation around mainland adoption of blockchain infrastructure. The Conflux Foundation continues to push upgrades, including the v2 Hydra hard fork, zk-rollup research, and integrations with AI-focused crypto narratives.

Key Features of Conflux

• Tree-Graph Consensus: Conflux's proprietary Tree-Graph algorithm processes concurrent blocks in a directed acyclic graph rather than discarding forks, enabling throughput of 3,000+ TPS. This design preserves Nakamoto-style PoW security while eliminating the scalability bottlenecks that plague traditional longest-chain blockchains.
• Dual-Space Architecture: The network operates two interoperable environments: Core Space for native Conflux applications and eSpace, a fully EVM-compatible layer where Ethereum dApps deploy unchanged. This dual design lets builders choose between Conflux's advanced features or seamless Solidity portability without sacrificing shared liquidity.
• Hybrid PoW/PoS Security: Conflux combines Proof-of-Work block production with a Proof-of-Stake finality layer, where staked CFX holders vote to finalize chain state. This hybrid model provides deterministic finality and resistance to 51% attacks beyond what pure PoW chains offer.
• Regulatory-Compliant Design: As one of the only public blockchains openly operating within China's regulatory framework, Conflux is uniquely positioned for enterprise and government pilots in Asia. Partnerships with Shanghai's government, China Telecom, and municipal authorities in Changshu underscore this compliance-first positioning.
• Low, Predictable Fees: Gas fees on Conflux typically cost fractions of a cent, even during network congestion, making it practical for microtransactions, gaming, and high-frequency DeFi. A portion of transaction fees is burned, introducing deflationary pressure tied to network usage.

Conflux Use Cases

• Cross-Border Payments in Asia: Conflux's compliance posture and low fees make it a rail for cross-border settlement between Hong Kong, mainland China, and broader APAC markets. Enterprises can tokenize fiat or stablecoins and settle within seconds at negligible cost.
• NFT Campaigns for Global Brands: Companies like Oreo, McDonald's China, and Xiaohongshu have used Conflux to mint branded NFTs reaching Chinese consumers in a regulator-friendly manner. The network's throughput supports mass-scale drops without the fee spikes seen on Ethereum.
• Telecom-Integrated Web3 Wallets: The China Telecom BSIM collaboration embeds Conflux wallet functionality directly into SIM cards, making self-custody accessible to hundreds of millions of mobile subscribers. This hardware-level integration represents a novel path to mainstream wallet distribution.
• GameFi and High-Throughput dApps: Games and social applications that require rapid, inexpensive transactions deploy on Conflux eSpace to leverage EVM tooling while escaping Ethereum gas costs. Projects use the chain for in-game asset trading, loyalty points, and on-chain matchmaking.
• DeFi Liquidity and Yield: Protocols such as Swappi, Goledo, and MoonSwap enable swaps, lending, and yield farming denominated in CFX and bridged stablecoins. Users can stake CFX to earn network rewards while participating in finality voting for the PoS layer.

Conflux Tokenomics

Total Supply

Conflux (CFX) launched without a fixed hard cap; new CFX is minted each block as PoW mining rewards and staking rewards.

Circulating

Circulating supply grows with each block through mining emissions, partially offset by fee burns and staking locks.

Utility

CFX is used to pay gas fees, stake for PoS finality voting, participate in on-chain governance, and collateralize storage on the network. It also serves as the base trading pair across Conflux-native DEXs.

Emission

The PoW block reward was cut from 7 CFX to 2 CFX on December 11, 2020 (CIP-40), weeks after the October 2020 mainnet launch. Since CIP-94, that reward and the PoS interest rate are set by on-chain DAO votes in rounds of about two months, each of which can move them anywhere from half to double their previous value, so there is no fixed halving schedule: the first round cut the reward to 1 CFX per block on February 22, 2023, and later rounds have both raised and lowered it. A portion of every transaction fee is burned, creating a usage-linked deflationary offset to emissions.

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