Conflux ranks #48 of 508 cryptocurrencies. On a list that also counts tokens, memecoins, wrapped coins, staked derivatives and stablecoins it appears at #153: 105 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 148 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 Grade | C · 54/100 · provisional |
|---|---|
| Rank among cryptocurrencies | #48 |
| Rank counting claims | #153 |
| Market capitalisation | $253M |
| Price | $0.0481 |
| Circulating supply | 5,250,833,008 CFX |
| Maximum supply | no fixed cap |
| Consensus family | Hybrid |
| Consensus mechanism | Tree-Graph PoW + PoS finality |
| Own hashrate | 394 GH/s |
| Network purpose | Smart-contract platform |
| Ledger type | Multi-asset ledger |
| Launch distribution | Presale |
Market figures from the 28 October 2026 build. Open the live view for every exchange's price, and charts.
C — 54 out of 100, provisional (from 16 of 17 criteria, 28 October 2026 build). With what is not yet measured anywhere from nothing to full marks, the score would be 51 to 58 (D to C).
| Criterion | Score | Basis |
|---|---|---|
| Leading Consensus Mechanisms (Source) | 4.5 | group average |
| Consensus: leader ladder | 4.5 | Hybrid: 4.5 of 10 on the ladder of consensus families ranked by their largest chain's market cap |
| Consensus: family ladder | 4.5 | Hybrid: 4.5 of 10 on the ladder of families ranked by the combined market cap of their chains |
| Cryptocurrency Standards | 5.9 | group average, 5 of 6 measured |
| Properties (10 whitepaper checks) (Source) | 4 | 4 of 10 passed source |
| Anyone can mint (permissionless) | ✓ | Tree-Graph PoW + PoS finality |
| Limited supply | ✗ | an issuer or vote can mint outside the schedule |
| No pre-issuance or developer mint | ✗ | |
| No developer tax | ✓ | |
| No authority that can halt the chain or freeze funds | ✓ | No protocol freeze or blacklist power located; no deliberate halts on record. |
| No central team | ✗ | Conflux Network / Conflux Foundation maintains the only node, Conflux-Chain/conflux-rust (GPL-3.0). |
| Fees under one cent | ✓ | typical fee $0.00002 |
| Payments safe to accept within seconds | ✗ | Tree-Graph PoW blocks are fast but probabilistic; PoS finality checkpoints arrive every few minutes. |
| UTXO ledger | ✗ | |
| Privacy built into the protocol | ✗ | |
| Scalability (fees, throughput, block time, block space) | 7.5 | average of 4 measures source |
| Fees ($0.001 or less 10, $1 or more 0) | 10 | typical fee $0.00002 |
| Throughput (1,000 transactions a second or more 10) | 10 | about 1,350 simple transactions a second |
| Block time (10 minutes 10, less either side) | 0.1 | a block every 1.06 seconds |
| Block space per 10 minutes (32 MB or more 10) | 10 | 0.205 MB limit, 116 MB per 10 minutes |
| Security (9 checks) | 6 | 6 of 9 passed source |
| Miners paid over $1 million a day | ✗ | about $1,673 a day |
| Miners paid over $100,000 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 | ✓ | |
| Decentralisation: who can mint (Source) | 7.1 | Hybrid: 7.1 of 10 on the ladder of who produces blocks |
| Decentralisation: nodes (Source) | 4.7 | 26 reachable nodes source |
| Decentralisation: holder concentration (Source) | — | Not yet measured |
| Capabilities (protocol features) | 2 | 1 of 6 passed, 1 not yet measured source |
| Decentralisation | ||
| Network-level privacy: the node hides where a transaction came from (Dandelion++, Tor or I2P, on by default) | ✗ | conflux-rust relays transactions directly. |
| 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. |
| Scalability | ||
| 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. |
| Native payment channels or instant payments | ✗ | No payment channels. |
| Security | ||
| 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. |
| Issuance | 3.7 | group average |
| Premine (allocated at launch) | 0.5 | 95.2% 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 |
| Fundraising | 0.5 | Sold 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) | 10 | No 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 & Demand | 5.6 | group average |
| Supply & Demand (Source) | 6.2 | average of 6 measures |
| Exchanges (10 or more: 10) | 10 | 29 exchanges |
| Volume rank among the top 200 | 0 | $2,276,395 traded in 24 hours; #278 by volume on the exchanges the site reads (ranked on the median day of the last 30, $4,216,675) |
| Turnover (volume ÷ market cap, 5% a day: 10) | 7.3 | 1.5% 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 | $1,395,848 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 | $253M, 6 on a scale of 2.5 points per tenfold |
| Futures exposure (open interest ÷ market cap, less is better) | 5 | perpetual open interest 6.5% of its market cap |
| Supply (smaller is better) | 4.9 | no fixed maximum; 5.25 billion in circulation |
| Record | 8 | group average |
| Record (origin, claims, halts) | 10 | 3 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) | 5 | 5 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) | 9 | 3 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. |
| Token issuance at protocol level, validated by its own nodes, +2 | ✓ | CRC-20 contracts in Core Space and ERC-20 contracts in eSpace (EVM), both part of the same chain and open to any account. |
| Not yet researched | ||
| Shipped a security fix in two years | – | |
| Shipped a scaling upgrade in two years | – | |
Seventeen criteria, weighted equally. The Cryptocurrency Standards group four parts: properties (ten checks drawn from the Bitcoin whitepaper), scalability (four measures), security (nine checks) and decentralisation (three scales). 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.
5,250,833,008 CFX are in circulation, against no fixed cap — issuance has no defined end.
| Premine (allocated at launch) | 95.2% of today's supply |
|---|---|
| Sold by the issuer or insiders | 11.4% of today's supply |
| Developer share received since launch | 0% of today's supply |
| Developer share of new coins today | 0% |
| Nodes or validators | 26 |
| Fundraising | Private 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.
Conflux is secured by 394 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.
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.
Conflux is #48 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 105 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 →