The current real-time price of CFX is $0.0723. In the past 24 hours, CFX has traded between $0.0689 and $0.0731, showing strong market activity. The all-time high of CFX is $1.703775, and the all-time low is $0.0219.
From a short-term perspective, the price change of CFX over the past 1 hour is , over the past 24 hours is -0.66%, and over the past 7 days is +0.35%. These figures provide a quick overview of the latest price trends and market dynamics of CFX on LBank.-5.38%
The live price of CFX today is $0.0723, with a current market cap of $374.598M. The 24-hour trading volume is 17M. The price of CFX to USD is updated in real time.
Before deciding whether to buy or sell CFX, you should first consider your own trading strategy. Long-term traders and short-term traders follow different trading approaches. LBank’s CFX technical analysis can provide you with trading references.
What will the value be? You can use our price prediction tool to conduct short-term and long-term price forecasts for CFX.
How much will CFX be worth tomorrow, next week, or next month in ? What about your CFX assets in 2025, 2026, 2027, 2028, or even 10 or 20 years from now? Check now! CFX Price Prediction
To learn more about CFX, consider exploring other resources such as the whitepaper, official website, and other published information:
Conflux (CFX) is a public, permissionless, Layer-1 blockchain platform established in China in 2018. Its core mission is to deliver a secure, scalable, and high-speed environment for Web3 development. This includes fostering decentralized finance (DeFi) services and supporting decentralized applications (DApps), aiming to be a robust foundation for the next generation of internet applications.
Conflux addresses prevalent issues in traditional blockchains, primarily tackling scalability limitations, network congestion, and high transaction fees. It also works to overcome the fragmentation within the DeFi sector by facilitating true multi-chain interoperability. This allows for seamless asset and data exchange across different blockchain ecosystems, enhancing the overall utility and reach of decentralized applications.
The CFX token is essential for the Conflux network. It covers all transaction fees and enables users to stake CFX to enhance network security while earning rewards, uniquely combining Proof-of-Work with staking. CFX holders also participate in network governance by voting on crucial development proposals. Furthermore, it's used for interacting with DApps, accessing premium features, and developers must use CFX as collateral for bonded storage when deploying smart contracts.
Conflux employs an innovative hybrid consensus mechanism blending Proof-of-Work (PoW) security with a Directed Acyclic Graph (DAG) structure, further integrating Proof-of-Stake (PoS) for user participation. Its unique Tree-Graph data structure allows parallel transaction processing, drastically reducing congestion. The GHAST algorithm ensures transaction order and prevents double-spending. Conflux is also EVM-compatible with a dual-space design (Core Space and eSpace) for native and EVM contracts, and offers cross-chain integration to facilitate asset conversion across various blockchain networks like Ethereum.
Conflux boasts high throughput, capable of up to 6,000 transactions per second (TPS), with potential upgrades reaching 15,000 TPS, making it ideal for demanding applications. It offers minimal transaction costs, significantly enhancing user accessibility. Its architecture ensures enhanced scalability and seamless interoperability across different blockchain ecosystems. The platform maintains robust security through its hybrid consensus mechanism and benefits from strong strategic partnerships, contributing to its stable and growth-oriented environment.
CFX is Conflux Network's native cryptocurrency, with a total supply capped at 5 billion, as detailed in its whitepaper. New tokens are generated through both Proof-of-Work mining rewards and Proof-of-Stake interest. To manage inflation, the network incorporates mechanisms like sponsored storage burning and transaction fee burning, which remove tokens from circulation. The current annual inflation rate for CFX, primarily from mining and staking rewards, stands at approximately 1.9%.
Just Now
Dear LBank User
Our online customer service system is currently experiencing connection issues. We are working actively to resolve the problem, but at this time we cannot provide an exact recovery timeline. We sincerely apologize for any inconvenience this may cause.
If you need assistance, please contact us via email and we will reply as soon as possible.
Thank you for your understanding and patience.
LBank Customer Support Team
