Conflux CFX

What CFX actually is on-chain

Another asset tracked on this site also uses the ticker CFX: Chain-Fox (Solana, Fo9wJV…BAGS). These are unrelated tokens with separate contracts, separate supply and separate price histories — a price alert set on one of them says nothing about the others, and a ticker search is not enough to tell them apart.

For CFX the project publishes a whitepaper, a public source repository and an active account as @Conflux_Network. Both a written specification and readable code exist, which is a materially higher bar than most assets in this size range clear. None of it is a quality judgement about the asset; it is simply what can be independently checked before the chart is worth looking at.

Where CFX sits in the market

#141 places Conflux in the top of the mid-cap band. Liquidity is already fragmented at this depth: a large share of real CFX volume can sit on two or three venues, so a quote on a secondary exchange may lag the primary market by seconds and by more than a basis point. Position size matters more than entry timing here.

CryptoPingAi is currently streaming 7 live CFX order books (Binance, Bybit, OKX, Bitget, Gate.io, HTX…). That is wider coverage than most assets ranked near #141 carry, so a divergence on any one of them is far more likely to be a local liquidity event than a genuine repricing. One of them is a Korean won market, so the Kimchi-premium spread between the KRW and USDT quote is visible on this page.

CFX against its all-time high

CFX is down more than 95% from its $1.70 peak (on 2021-03-27), leaving a 37.1x gap to reclaim. A drawdown this deep strips the record of analytical use: the supply structure, the holder base and usually the market cycle behind that print no longer exist. For CFX the informative reference is the downside, which makes the range section below more relevant than this one. It was set 6 years ago. A reference that old says more about the cycle it belongs to than about the asset as it trades now.

CFX across its historical range

The recorded range runs 77.3x, from $0.0220 to $1.70 — wide by the standards of traditional assets, moderate for this one's class.

CFX trades roughly 2.08x above its record low of $0.0220 (on 2022-12-30). Recovery from the bottom has been limited, which means the low is still close enough to function as a real reference level rather than a historical footnote.

CFX supply structure

There is no fixed maximum supply for CFX. Total supply stands at 5.21 billion CFX and essentially all of it — 99.7% — is circulating. With no locked treasury to unlock, dilution comes from protocol issuance over time rather than from a cliff on a vesting calendar, which tends to produce slow supply drift instead of discrete unlock shocks. With a supply in the billions, the quoted price is low enough that a single cent of movement is a large percentage swing; size your thresholds in percent, not in cents.

What kind of asset CFX is

Conflux is a base-layer network, so CFX is simultaneously the chain's security budget and its unit of account rather than a claim on a business. Value accrual runs through validator economics and through whatever activity settles on the chain itself. Because it is secured by proof of work, new CFX arrives on a fixed schedule and is paid to miners who carry real energy costs — a structural, price-insensitive source of sell pressure that proof-of-stake chains do not have.

CoinGecko files CFX under 7 categories, including DWF Labs Portfolio, Proof of Work (PoW), GMCI Layer 1 Index, Sequoia Capital Portfolio, GMCI Index. Worth flagging from the metadata: CFX is listed in the DWF Labs portfolio, and is tracked in the GMCI Layer 1 Index.

How to set a Conflux alert that is worth receiving

Conflux (CFX) — quoted on 7 venues we stream — high dated 2021-03-27 — rank #141. On this profile the condition that carries signal is thresholds anchored to the recent range rather than to the all-time high.

Full alert-design method: thresholds, RSI/MACD and volume conditions →