Conflux (CFX)

Conflux ranks #47 of 504 cryptocurrencies. On a list that also counts tokens, memecoins, wrapped coins, staked derivatives and stablecoins it appears at #153: 106 of the 152 assets ahead of it are not native coins but tokens or claims. A token is issued on a host blockchain rather than running its own; a claim stands for an asset already counted. Of the 147 non-native assets CoinSpectrum lists above it by market cap, about 53% are claims on other assets, 40% are tokens and 7% are memecoins.

CoinSpectrum GradeC · 58/100 · provisional
Rank among cryptocurrencies#47
Rank counting claims#153
Market capitalisation$251M
Price$0.0477
Circulating supply5,250,833,008 CFX
Maximum supplyno fixed cap
Consensus familyHybrid
Consensus mechanismTree-Graph PoW + PoS finality
Own hashrate389 GH/s
Network purposeSmart-contract platform
Ledger typeMulti-asset ledger
Launch distributionPresale

Market figures from the 28 October 2026 build. Open the live view for every exchange's price, and charts.

CoinSpectrum Grade (Source)

C — 58 out of 100, provisional (from 19 of 20 criteria, 28 October 2026 build). With what is not yet measured anywhere from nothing to full marks, the score would be 55 to 61 (C to C).

CriterionScoreBasis
Leading Consensus Mechanisms (Source)4.5group average
Consensus: leader ladder4.5Hybrid: 4.5 of 10 on the ladder of consensus families ranked by their largest chain's market cap
Consensus: family ladder4.5Hybrid: 4.5 of 10 on the ladder of families ranked by the combined market cap of their chains
Cryptocurrency Standards (Source)5.4group average, 12 of 13 measured
Sound Money Qualities (6 checks)8.85.3 of 6 points source
Scarcity: a fixed cap that holds, and a supply near 21 million3.4no fixed maximum; 5.25 billion in circulation: supply scale 6.8, cap 0
Durability: five years or more with no halt, freeze or reversal✓5 full years since its first recorded price, no halt, freeze or reversal in five years
Fungibility: every unit interchangeable, none the protocol can freeze or set apart✓no authority can freeze, blacklist or set apart a coin
Divisibility: the smallest unit worth a cent or less✓18 decimal places, the smallest unit worth $4.8e-20
Portability: fees of a cent or less and capacity for real demand✓typical fee $0.00002; about 1,350 transactions a second (9 on the throughput scale; 5 is the busiest networks' median demand)
Verifiability: open-source nodes and checking without a trusted server✓node software open source; light clients verify from headers or proofs
Privacy (5 checks)21 of 5 passed source
Whitepaper privacy: keys are not tied to an identity✓Anyone can create keys and receive and send coins; the protocol carries no identity check.
UTXO ledger: a new key for each payment, no account linking every coin✗
Network-level privacy: the node hides where a transaction came from (Dandelion++, Tor or I2P, on by default)✗conflux-rust relays transactions directly.
Hidden amounts (confidential transactions, RingCT, shielded pools, Mimblewimble)✗No confidential transactions.
Hidden sender and receiver (ring signatures or zero-knowledge proofs, one-time or stealth addresses)✗No sender or receiver hiding.
Scalability (fees, throughput, block time, block space, features)6.8average of 5 parts source
Fees ($0.001 or less 10, $1 or more 0)10typical fee $0.00002
Throughput (2,478 a second, the busiest network's peak day, 10; 119, the median of the ten busiest, 5)9about 1,350 simple transactions a second
Block time (10 minutes 10, less either side)0.1a block every 1.06 seconds
Block space per 10 minutes (32 MB or more 10)100.205 MB limit, 116 MB per 10 minutes
Features (3 checks)51 of 2 passed, 1 not yet researched
Payments safe to accept within seconds✗Tree-Graph PoW blocks are fast but probabilistic; PoS finality checkpoints arrive every few minutes.
Pruned nodes: a full node can validate and drop old history–Full and archive node types exist; whether full nodes drop old blocks is not documented in the sources checked.
Light clients verify payments from headers or proofs, without a trusted server✓conflux-rust light node type (node_type = light) verifies headers and requests proofs from full nodes.
Security (miner pay and 7 checks)6.16.1 of 9 points source
Miners paid a day ($1,000 0, $10 million or more 10), 2 points0.6about $1,660 a day
Its own hashrate: at least half its algorithm's largest, not merge-mined✓
Largest pool or validator under 50%✓30%
Largest three under 75%✓69.2%
More than one maintained client✗1
Node software is open source✓Conflux Network / Conflux Foundation maintains the only node, Conflux-Chain/conflux-rust (GPL-3.0).
Real on-chain use: 1,000+ transactions a day✓about 18,740 a day
No 51% attack or deep reorganisation in five years✓
Programmability (tokens, contracts, 5 checks)7.87 of 9 points source
Token issuance at protocol level, validated by its own nodes2CRC-20 contracts in Core Space and ERC-20 contracts in eSpace (EVM), both part of the same chain and open to any account.
Smart contracts: a general-purpose contract system2Contracts in Core Space and in the EVM-compatible eSpace, both open to any account.
Multisig and time locks✓Multisig and timelock contracts in eSpace (EVM) and Core Space.
Atomic swaps with other chains✓EVM HTLC contracts (hash lock plus timelock refund) in eSpace.
An exchange built into the protocol✗No exchange in the protocol.
Cross-chain messaging the chain verifies itself✗The CrossSpace internal contract moves CFX between Core Space and eSpace of the same chain; nothing reaches other chains at protocol level.
Non-fungible tokens✓ERC-721 contracts in eSpace (and CRC-721 in Core Space).
Decentralisation4.7section average, 7 of 8 measured
Censorship resistant (Source)10No authority can halt the chain or freeze funds: No protocol freeze or blacklist power located; no deliberate halts on record. source
No central team (Source)0A central team directs it: Conflux Network / Conflux Foundation maintains the only node, Conflux-Chain/conflux-rust (GPL-3.0). source
Who can mint (Source)7.1Hybrid: 7.1 of 10 on the ladder of who produces blocks
Nodes (Source)4.726 reachable nodes source
Holder concentration (Source)—Not yet measured
Premine (allocated at launch)0.595.2% of today's supply allocated at launch to founders, a company, a foundation or investors. 5B CFX allocated at the Oct 2020 mainnet launch (ecosystem fund 40%, genesis team 36%, private equity funders 12%, community fund 8%, foundation 4%) against net supply of 5,249,611,162 CFX (5,822,575,573 issued minus 572,964,411 at the null/burn address, ConfluxScan 2026-10-23); against gross issued it is 85.9%. source
Fundraising0.5Sold by its issuer or insiders: 95.2% of supply was theirs to sell, 11.4% sold so far. The 'private equity funders' share of the Oct 2020 genesis was 12% of 5B = 600M CFX, delivered to the Series A and later investors (Sequoia China, Baidu Ventures, Huobi and others). No public CFX sale was held. 600M / 5,249,611,162 net supply (ConfluxScan, 2026-10-23) = 11.4%; against the 5.82B gross issued it is 10.3%. $35M Series A for the Conflux Foundation (Dec 2018) from Sequoia China, Baidu Ventures, F2Pool, Huobi, Metastable, IMO Ventures and others; later totals of $40M and $68M are reported but not reconciled. source
Developer share (after launch)10No developer share: every new coin goes to the miners or validators who produce blocks. New CFX comes from PoW block rewards to miners and PoS interest to stakers, with parameters set by on-chain chain-parameter votes. No CIP or document shows any share of issuance going to a foundation or treasury; the ecosystem and community funds were genesis allocations. source
Supply & Demand7.2group average
Supply & Demand (Source)7.5average of 6 measures
Exchanges (10 or more: 10)1029 exchanges
Daily volume ($10K 0, $1B or more 10)5.2$2,443,009 traded in 24 hours; #278 by volume on the exchanges the site reads (scored on the median day of the last 30, $4,216,675)
Turnover (volume ÷ market cap, 5% a day: 10)7.31.5% of its market cap a day, median of the last 30 days
Order-book depth (bids and asks within 2% ÷ market cap, 1%: 10)9.1$1,379,956 within 2% of the price on 7 exchanges, 0.55% of its market cap, median of the last 2 days
Market cap ($1M 0, $10B or more 10)6$251M, 6 on a scale of 2.5 points per tenfold
Paper trading (futures, options and margin ÷ market cap, 0%: 10, 100%: 0)7.4futures, options and margin positions 6.5% of its market cap
Supply (smaller is better)6.8no fixed maximum; 5.25 billion in circulation
Record7.3group average
Record (origin, claims, halts)103 positive, 0 negative source
Positive record
Launched with a stated purpose, not as a joke✓
No claims by its founders that contradict its own design✓
No halt, freeze or reversal in five years✓
Age (years since genesis) (Source)55 full years since 2020-11-11, the first day with a recorded price (genesis not yet researched, so the age can only be understated).
Development (work, improvements, unfixed issues)72 positive, 0 negative, 2 not yet researched source
Positive
Steady work, 6 of 6✓716 commits in 12 of the last 12 months (github.com/Conflux-Chain/conflux-rust); Conflux-Chain/conflux-rust v3.1.1, 2026-10-22; 9 stable releases in 24 months.
Shipped a new capability for users in two years, +1✓v3.0 hardfork, Aug-Sep 2025: CIP-7702 (EOA code delegation) and other CIPs.
Not yet researched
Shipped a security fix in two years–
Shipped a scaling upgrade in two years–

Twenty criteria, weighted equally. The Cryptocurrency Standards have six sections: sound money qualities (six checks: scarcity, durability, fungibility, divisibility, portability, verifiability), privacy (five checks), scalability (four measures and three features), security (miner pay and seven checks), programmability (token issuance, smart contracts and five checks) and decentralisation (censorship resistance, no central team, who can mint, nodes, holders, premine, fundraising and developer share). Provisional: criteria marked — are not yet measured and are left out of the average. A rating of structure and market depth, not a price forecast or investment advice. How the grade is built · Highest-graded cryptocurrencies.

Supply

5,250,833,008 CFX are in circulation, against no fixed cap — issuance has no defined end.

Launch and allocation

Premine (allocated at launch)95.2% of today's supply
Sold by the issuer or insiders11.4% of today's supply
Developer share received since launch0% of today's supply
Developer share of new coins today0%
Nodes or validators26
FundraisingPrivate or venture funding

5B CFX allocated at the Oct 2020 mainnet launch (ecosystem fund 40%, genesis team 36%, private equity funders 12%, community fund 8%, foundation 4%) against net supply of 5,249,611,162 CFX (5,822,575,573 issued minus 572,964,411 at the null/burn address, ConfluxScan 2026-10-23); against gross issued it is 85.9%.

$35M Series A for the Conflux Foundation (Dec 2018) from Sequoia China, Baidu Ventures, F2Pool, Huobi, Metastable, IMO Ventures and others; later totals of $40M and $68M are reported but not reconciled.

The 'private equity funders' share of the Oct 2020 genesis was 12% of 5B = 600M CFX, delivered to the Series A and later investors (Sequoia China, Baidu Ventures, Huobi and others). No public CFX sale was held. 600M / 5,249,611,162 net supply (ConfluxScan, 2026-10-23) = 11.4%; against the 5.82B gross issued it is 10.3%.

New CFX comes from PoW block rewards to miners and PoS interest to stakers, with parameters set by on-chain chain-parameter votes. No CIP or document shows any share of issuance going to a foundation or treasury; the ecosystem and community funds were genesis allocations.

Sources: app.tokenomics.com · cgaa.org · confluxscan.io · doc.confluxnetwork.org · confluxnetwork.medium.com · api.confluxscan.org. Researched 2026-10-24, medium confidence.

The work behind it

Conflux is secured by 389 GH/s of its own work. Hashrate does not compare across algorithms — a SHA-256 hash and a Scrypt hash cost different amounts to produce.

What a regulator has said

No SEC/CFTC determination — unclassified.

The regulator's position, reported as stated, not CoinSpectrum's. Assets nobody has ruled on are left unclassified rather than sorted by a guess.

How CoinSpectrum ranks Conflux

Conflux is #47 among cryptocurrencies and #153 in the market ranking, which lists wrapped coins, staked derivatives, stablecoins and tokens alongside them. CoinSpectrum counts an asset once, and counts only cryptocurrencies: assets with their own blockchain and their own consensus. A wrapped coin, a staked derivative or a stablecoin is a claim on something already counted; a token, memecoin or otherwise, runs on another chain's blocks. All of them are listed, each in its own section, and none is added to the total. The 106 places between Conflux's two ranks are held by claims and tokens, not by other networks. The methodology sets out the rule and the counting rule argues for it.

The price above is the median of the exchanges the site reads live, checked every minute and cross-checked against a market snapshot (how market data is gathered). The grade is scored on published criteria, each with its source (the method). The site is independent, nothing on it is a paid placement, and its statements are signed (about CoinSpectrum, the manifesto).

See the 1 wrapped and staked claim on Conflux →

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