Conflux (CFX)USD

Conflux is a public layer-1 blockchain designed for decentralized applications, Web3 infrastructure, and digital payments. Dr. Fan Long and a group of researchers founded the project in 2018, building on academic work at the University of Toronto. The network uses a Tree-Graph ledger structure that embeds a directed tree within a directed acyclic graph, combined with the GHAST chain selection rule to determine the canonical chain. Block production relies on proof-of-work, while proof-of-stake elements contribute to validation and economic security. The native token, CFX, is used to pay transaction fees, rent or lock on-chain storage space, stake for rewards and network security, and vote on governance and chain-parameter proposals. Conflux targets dApp deployment, cross-border digital payments, and e-commerce, with a particular focus on regulatory-sensitive markets. CFX follows an uncapped supply model with ongoing protocol issuance. Total supply stood at roughly 5.73 billion tokens, with approximately 5.16 billion in circulation as of early 2026.