ConfluxCFX

A Chinese-origin layer-1 blockchain with hybrid proof-of-work and proof-of-stake consensus, run by the Conflux Foundation.

Rank #147Since October 2020 (Tethys mainnet)

Price on 31 Oct 2026

C$0.0650 +12.8% since 31 Jul 2026 · 97.0% below its all-time high

The short version

Conflux is a layer-1 blockchain conceived in 2017 by Fan Long, incubated by Tsinghua University's 'Yao's Class' and described in 2020 as a government-approved public blockchain in China. The Conflux Foundation steers development. A mandatory v3.1.0 hard fork activated seven protocol changes by 25 Aug 2026, and since the Aug 2024 v2.4 fork part of every base fee is burned. On 31 Oct 2026 one CFX cost C$0.0650. From 31 Jul 2026 to 31 Oct 2026 its price changed +12.8% in Canadian dollars, and it was 97.0% below its all-time high of C$2.15 set on 26 Mar 2021.^[1]

Facts checked 2 Nov 2026 · 11 sources · next update about 1 Dec 2026

Price, past year

Past year: high C$0.1778 (11 Jan 2026) · low C$0.0533 (6 Aug 2026) · -55.1%^[1]

Month-end prices (table)

Date	C$	US$
31 Oct 2026	C$0.0649	US$0.0465
30 Sep 2026	C$0.0777	US$0.0546
31 Aug 2026	C$0.0611	US$0.0440
31 Jul 2026	C$0.0575	US$0.0410
30 Jun 2026	C$0.0610	US$0.0429
31 May 2026	C$0.0719	US$0.0521
30 Apr 2026	C$0.0793	US$0.0582
31 Mar 2026	C$0.0740	US$0.0531
28 Feb 2026	C$0.1400	US$0.1026
31 Jan 2026	C$0.1263	US$0.0931
31 Dec 2025	C$0.0970	US$0.0707
30 Nov 2025	C$0.1121	US$0.0802

Daily prices from CoinGecko; C$ converted at the Bank of Canada daily rate. The latest point is live when available. Past prices, not a forecast.

Choose what to see

Key facts

Price, 31 Oct 2026: C$0.0650^[1]
3-month change: +12.8% in C$ (31 Jul 2026 to 31 Oct 2026)^[1]
From its high: 97.0% below its high of C$2.15 (26 Mar 2021)^[1]
Market rank: #147, market value about C$341.3M^[1]
Kind: Native coin · Conflux Network (its own network): Core Space plus an Ethereum-compatible eSpace
Started: October 2020 (Tethys mainnet)

Checks: the same 9 questions for every coin

Facts, not a rating

Can an admin key create new coins?NoNew CFX come only from protocol mining rewards and staking interest; no admin mint^[2]

Can anyone freeze or take coins from holders?NoNo freeze or blacklist function on the base coin; a proof-of-work and proof-of-stake chain^{[2, 3]}

Can the token's contract code be changed?Not applicableRuns on its own blockchain; its rules change only through network upgrades

Is the supply capped?NoNo maximum supply; issuance continues through block rewards and 4% staking interest^[2]

Any scheduled unlocks in the next 12 months?NoGenesis vesting of 2 to 4 years from Oct 2020 has ended; no new schedule published^[2]

Does a team or foundation hold over 10% of supply?Not disclosedTeam and foundation received 44% at genesis (2020); current holdings are not published^[2]

Do network fees reach coin holders?YesPart of each base fee is burned (initially 50%, set by DAO vote) since Aug 2024^{[3, 4]}

Main network hacked or halted in the past 2 years?NoNo exploit or halt of the Conflux network in the DefiLlama hacks list since Nov 2024^[5]

Is a regulator or court case targeting the coin itself?NoNo regulator or court action naming CFX or the foundation found; China bans crypto trading^[6]

Each answer is a fact with a source, not a score. What each check means.

Who controls it

Run by: Conflux Foundation; co-founder Fan Long (University of Toronto professor) conceived it in 2017 under Turing Award winner Andrew Yao's institute^[7]
Genesis allocation: 5 billion CFX in 2020: team 1.8B (36%), ecosystem fund 2.0B (40%), investors up to 0.6B, community 0.4B, foundation 0.2B^[2]
Admin key: None on the coin; rules change through hard forks and on-chain DAO parameter votes^{[3, 8]}
Fee burn ratio: Set by on-chain DAO vote; initially 50% of the base fee burned, the rest paid to miners (v2.4, Aug 2024)^{[3, 4]}

Supply

In circulation: 5.25B CFX^[1]
Maximum supply: None set^[1]
Maximum: None; new CFX come from mining rewards and 4% a year staking interest^[2]
Vesting: Genesis allocations unlocked monthly over 2 to 4 years from Oct 2020, so by late 2024^[2]
Total supply: About 5.25 billion CFX on 2 Nov 2026^[9]

Use and fees

Main use: Gas, staking and governance on Conflux; eSpace runs Ethereum-style contracts^{[3, 8]}
Fee burn: Part of each base fee burned since the v2.4 hard fork (13 Aug 2024); the rest and priority fees go to miners^{[3, 4]}
Upgrades: v3.1.0 hard fork (seven CIPs) by 25 Aug 2026; node v3.1.1 on 22 Oct 2026 fixed panics and memory use^{[8, 6]}

Trading

Daily trading: About C$11.6M a day on average, 31 Jul 2026 to 31 Oct 2026^[1]
Daily turnover: Typically 2.02% of its market value changes hands each day^[1]
20-week average: 2.9% below its 20-week average price^[1]
1-year change: -55.4% in C$^[1]^[10]

History

Not a forecast

Coins ranked 51-200 at this point in past cycles (12-14 months after a Bitcoin peak), one year later: 4,050 cases, 612 coins

39% were higher a year later^[11]

Typical result: Median -25% after a year; 45% higher after two years
Lost half or more: 38% within a year
Against Bitcoin: 12% did better than Bitcoin over the year

History, not a forecast.

Red flags and things to watch

No red flags found

A 12 Oct 2026 Chinese policy document proposing a national blockchain network did not name Conflux; China's ban on crypto trading remains.^[6]
Node software v3.1.1 (22 Oct 2026) fixed possible node panics and excess memory use; v3.1.0 (Aug 2026) included an undisclosed security fix.^{[8, 6]}

Checked: admin keys, contract upgrades, unlocks, insider supply, hacks, legal actions and claims against records.

Sources and dates

Facts as of 31 Oct 2026. Prices from CoinGecko in Canadian and US dollars; US$ figures without a C$ price are converted at 1.3976 C$ per US$.