Conflux Network

Conflux Network (CFX) ranks #114 by market capitalization, at $264.23M. It belongs to the Networks sector (Layer-1). It has traded since Nov 10, 2020, across 34 markets on 21 exchanges, with $13.42M of volume in the last 24 hours. Its all-time high of $1.67 was reached on Mar 27, 2021; the current price is 97.4% below that peak. Its cycle low of $0.0219014 came on Jan 1, 2023.

5.25B CFX are in circulation. 7 investors are recorded as backers, including DWF Labs, Huobi Ventures, Sequioa China (HongShan HSG). 2 team members are listed. Development data lists 15 core developers and 22,894 code commits.

Conflux Network is a blockchain-based platform that connects creators, communities, and markets across different protocols. It employs a Tree-Graph consensus algorithm for transaction processing and throughput and uses Proof-of-Work (PoW) for security and anti-reentrance attack prevention. Conflux also features ShuttleFlow, a cross-chain asset bridge, and offers built-in staking for decentralized finance (DeFi) applications.