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CFX (Conflux) fell 0.39% in the last 24 hours.
Gate News Bot news, August 11, according to CoinMarketCap data, as of the time of writing, CFX (Conflux) is currently priced at $0.21, with a 0.39% fall in the last 24 hours, reaching a high of $0.23 and a low of $0.20. The current market capitalization is approximately $1.07 billion.
Conflux is a high-throughput public blockchain system that achieves parallel processing of blocks and transactions through an innovative Tree-Graph consensus algorithm, reducing confirmation time and improving TPS. Conflux employs a well-tested PoW consensus mechanism, providing enhanced security and protection against re-entrancy attacks at the protocol level. Its built-in staking mechanism provides a foundation for innovative DeFi applications, with the current annualized yield for staking tokens at 4%. Conflux also offers a cross-chain asset bridge, ShuttleF.
CFX-4.62%