Conflux price

Reference · reviewed 14 Nov 2026

What Conflux is

Conflux is a public, permissionless blockchain built around a proof-of-work network. It is designed to provide a secure way to transfer value and run applications without relying on a central authority.

Its distinctive tree-graph consensus structure is intended to improve transaction throughput and confirmation speed while preserving decentralized validation. In practical terms, Conflux tries to address the common tension between accepting more transactions and reaching reliable agreement. The system uses proof of work to help secure the chain, with staking and governance mechanisms that give token holders roles beyond simply holding an asset.

What CFX is used for

CFX is Conflux’s native token. It is used to pay network transaction fees, including the computational cost of executing transactions and applications.

CFX can also be staked to support network security, and holders can participate in on-chain governance. Staking means locking tokens for a period in return for a role in the consensus process and potential rewards; governance participation lets holders vote on proposals and protocol decisions. These functions create ongoing demand for CFX, although the strength of that demand can change with network activity and market conditions.

Supply

As of November 2026, 5,137,665,597 CFX are circulating, while the stated total and maximum supply is 5,137,665,617 CFX. The circulating and total figures are therefore almost the same.

A maximum supply places a limit on how much of the asset can exist; an uncapped supply allows issuance to continue. Conflux follows a capped model based on the stated total and maximum figures. A fixed ceiling can help make scarcity easier to understand, but it does not by itself determine price, liquidity, or the distribution of tokens among users.

How Conflux has traded

Conflux first traded in January 2023 at $0.02609. Its all-time high was $0.5485, recorded on 24 March 2024.

Annualised volatility is 79%, indicating that CFX returns have varied sharply over the measured period. The deepest drawdown from a peak during the past year was -58.1%, illustrating how substantially the market can retreat from an earlier price. Historical highs are records rather than fair-value estimates, and past trading behaviour does not establish what will happen next.

Risks to understand

CFX combines market risk with risks that come from using a proof-of-work blockchain and its associated software. Changes in network demand, fees, mining economics, or token distribution can affect its usefulness. Consensus systems, wallets, applications, and governance processes can also contain implementation flaws, while upgrades or contentious decisions can create disruption.

Price volatility is substantial, as the 79% annualised volatility and -58.1% deepest one-year drawdown show. Holders can experience large gains or losses over relatively short periods. Staking introduces additional considerations, including lock-up, validator, and reward risks, while governance gives larger holders more influence than smaller holders. Regulatory treatment of proof-of-work mining, staking, and tokens can also change. A capped supply does not remove liquidity, concentration, technology, or regulatory risk.