Conflux (CFX)
Conflux ranks #47 of 484 cryptocurrencies. On a list that also counts tokens, memecoins, wrapped coins, staked derivatives and stablecoins it appears at #154: 107 of the 153 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 151 non-native assets CoinSpectrum lists above it by market cap, about 56% are claims on other assets, 37% are tokens, 7% are memecoins and 1% are NFT collections.
| CoinSpectrum Grade | A · 64/100 · provisional, B to A |
|---|---|
| Rank among cryptocurrencies | #47 |
| Rank counting claims | #154 |
| Market capitalisation | $215M |
| Price | $0.0408 |
| Circulating supply | 5,254,054,041 CFX |
| Maximum supply | no fixed cap |
| Consensus family | Hybrid |
| Consensus mechanism | Tree-Graph PoW + PoS finality |
| Own hashrate | 659 GH/s |
| Network purpose | Smart-contract platform |
| Ledger type | Multi-asset ledger |
| Launch distribution | Presale |
Market figures from the 10 November 2026 build. Open the live view for every exchange's price, and charts.
CoinSpectrum Grade (Source)
A — 64 out of 100, provisional (from 10 of 10 sections, 10 November 2026 build). With what is not yet measured anywhere from nothing to full marks, the score would be 60 to 66 (B to A).
| Section and criteria | Score | Basis |
|---|---|---|
| Consensus | 4.5 | average of 2 criteria |
| By leader (its largest chain's market cap) (Source) | 4.5 | Hybrid: 4.5 of 10 on the ladder of consensus families ranked by their largest chain's market cap |
| By family (all its chains' market cap) (Source) | 4.5 | Hybrid: 4.5 of 10 on the ladder of families ranked by the combined market cap of their chains |
| Supply | 6.8 | the supply scale times 0.9, and a point for a fixed cap that holds |
| Supply (21 million scores 10) | 7.6 | no fixed maximum; 5.25 billion in circulation |
| Distribution | 6.5 | average of 3 parts |
| Holder concentration (Source) | – | Not yet measured |
| Active addresses | – | Not yet measured |
| 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 (share sold) (Source) | 8.9 | Sold by its issuer or insiders: 11.4% of supply sold. 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 |
| Decentralisation | 5.7 | average of 4 parts |
| Governance (Source) | 10 | No 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) | 0 | A central team directs it: Conflux Network / Conflux Foundation maintains the only node, Conflux-Chain/conflux-rust (GPL-3.0). source |
| Who can mint (Source) | 8 | Open, with a stake vote: anyone can mine, and stakeholders vote on the blocks |
| Nodes (Source) | 4.7 | 26 reachable nodes source |
| Security | 7.2 | 5.8 of 8 points source |
| Pool diversity (Largest pool 50% 0 to 20% 10, largest three 90% 0 to 50% 10; 2 points) | 5.9 | largest 30%, largest three 69.2% |
| Network activity (Transactions a day, 250 0, 500,000 or more 10; 2 points) | 5.7 | about 18,740 transactions a day |
| Hashrate (Own work 5, its power 1 kW 0 to 10 GW 5; 1 point) | 7.4 | own work 5; about 2.2 MW, 2.4 of 5; the largest on its algorithm |
| Clients (Separate code and teams 10, separate code or teams 9, a fork by the same team or a stale second 8; one client: a new version within 12 months 7, 24 months 6, none in 24 months 5, none in 48 months 3; a second in development +0.5, a second seen running +1, 8 at most with one client; chain ended 0; 1 point) | 7 | one client, latest version Oct 2026 |
| Open source (Node software) | ✓ | |
| No 51% attack (Nor a deep reorganisation, five years) | ✓ | |
| Scalability | 6.8 | average of 5 parts source |
| Fees ($0.001 or less 10, $1 or more 0) | 10 | typical fee $0.00002 |
| Throughput (2,478 a second, the busiest network's peak day, 10; 121, the median of the ten busiest, 5) | 9 | 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 (24 MB or more 10: the ten busiest networks' median demand, 16.4 MB, and half again for growth) | 10 | 0.205 MB limit, 116 MB per 10 minutes |
| Features (3 checks) | 5 | 1 of 2 passed, 1 not yet researched |
| Fast payments (Safe to accept within seconds · Whitepaper abstract, §1, §2 and §11) | ✗ | Tree-Graph PoW blocks are fast but probabilistic; PoS finality checkpoints arrive every few minutes. |
| Pruned nodes (Old history dropped, every rule checked · Whitepaper §7) | – | Full and archive node types exist; whether full nodes drop old blocks is not documented in the sources checked. |
| Light clients (Payments verified from headers · Whitepaper §8) | ✓ | conflux-rust light node type (node_type = light) verifies headers and requests proofs from full nodes. |
| Privacy | 3.5 | 3.5 of 10: whitepaper privacy 3.5 of 7, extra features 0 of 3, 1 not yet researched source |
| Protocol level privacy (Keys not tied to an identity · Whitepaper §10) | 10 | Anyone can create keys and receive and send coins; the protocol carries no identity check. |
| UTXO ledger (Separate outputs, change to a new address · Whitepaper §2, §9) | 0 | An account ledger: one running balance for each address, so the remainder stays at the sending address and its payments share one public history. |
| HD addresses (A new address for each payment, unlinked · Whitepaper §10) | – | |
| Hidden amounts (Amounts confidential) | 0 | No confidential transactions. |
| Hidden parties (Sender and receiver hidden) | 0 | No sender or receiver hiding. |
| Network privacy (Origin hidden by default) | 0 | conflux-rust relays transactions directly. |
| Programmability | 8.9 | 8 of 9 points source |
| Token issuance (At protocol level) | 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. |
| Smart contracts (General-purpose) | 2 | Contracts in Core Space and in the EVM-compatible eSpace, both open to any account. |
| Multisig and time locks (Without a third party) | ✓ | 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. |
| Native DEX (Trades the coin itself, not a claim) | ✓ | Traded as itself, not as a wrapped token or a claim: its own chain's DEXes (Conflux, DefiLlama). |
| Cross-chain messaging (Verified by the chain itself) | ✗ | The CrossSpace internal contract moves CFX between Core Space and eSpace of the same chain; nothing reaches other chains at protocol level. |
| NFTs (Carried by the chain's rules) | ✓ | ERC-721 contracts in eSpace (and CRC-721 in Core Space). |
| Demand | 6.5 | average of 7 measures |
| Exchanges (10 or more: 10) | 10 | 28 exchanges |
| Daily volume ($10K 0, $1B or more 10) | 5.2 | $1,974,765 traded in 24 hours; #250 by volume on the exchanges the site reads (scored on the median day of the last 30, $3,887,396) |
| Turnover (volume ÷ market cap, 5% a day: 10) | 7.2 | 1.5% of its market cap a day, median of the last 30 days |
| Order-book depth (±2% of the price ÷ market cap, 1%: 10) | 9 | $1,052,636 within 2% of the price on 7 exchanges, 0.49% of its market cap, median of the last 15 days |
| Market cap ($1M 0, $10B or more 10) | 5.8 | $215M, 5.8 on a scale of 2.5 points per tenfold |
| Paper trading (futures, options and margin ÷ market cap, 0%: 10, 100%: 0) | 7.6 | futures, options and margin positions 5.8% of its market cap |
| Wallet support (wallets that hold it, 10 or more: 10) | 1 | its own node and wallet, counted as 1: no wallet in the site's directory lists it yet |
| Record | 7.3 | average of 3 criteria |
| 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, fixes, vulnerabilities) | 7 | 2 positive, 0 negative, 2 not yet researched source |
| Positive | ||
| Steady work, 6 of 6 | ✓ | 734 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 | – | |
| Conduct (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 | ✓ | |
Ten sections, weighted equally, each 0 to 10: consensus (the two ladders), supply (the supply scale and a fixed cap that holds), distribution (premine, fundraising, developer share, holders), decentralisation (governance, no central team, who can mint, nodes), security, scalability, privacy, programmability (what the scripting layer can do beyond the whitepaper's payment system), demand, and record (age, development, conduct). They are built from the criteria in the second table: privacy, scalability, security and decentralisation are the Cryptocurrency Standards among them, as follows: privacy (the whitepaper's three checks a base of 7 of 10, three extra features up to 3 more), scalability (four measures and three features), security (pool diversity, network activity, hashrate, clients and two checks) and decentralisation (governance, no central team, who can mint, nodes, holders, premine, fundraising and developer share); programmability (token issuance, smart contracts and five checks) follows them, and supply and demand are two: the supply, scored against 21 million, and demand, the average of seven measures of the market and the wallets. Provisional: parts 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.
Hybrid coins
Decred 
Zano 
Abey 
Xphere 
Core 
Verus 
Elastos Proof of Work coins
Bitcoin BTCA+
Zcash ZECA+
Dogecoin DOGEA+
Monero XMRA+
Bitcoin Cash BCHA++
Litecoin LTCA+
Ethereum Classic ETCAAll Proof of Work chains →Supply
5,254,054,041 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 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.
The work behind it
Conflux is secured by 659 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 #154 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 107 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).