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What Is Conflux?

Conflux (ticker CFX) is a public, permissionless Layer 1 blockchain founded in 2018. It is best known for two things: its Tree-Graph consensus mechanism, designed to deliver high throughput without sacrificing decentralization, and its unusual position as a regulatory-compliant public blockchain that operates openly within China. The CFX token is used for transaction fees, staking, and governance.

Conflux was co-founded by Dr. Fan Long, who serves as its lead and earned his PhD in computer science at MIT, alongside co-founders Ming Wu (CTO) and Yuanjie Zhang. The project's chief scientist is Andrew Chi-Chih Yao, a Turing Award laureate and professor at Tsinghua University whose research lab originated the Tree-Graph design; he is an advisor and chief scientist rather than a co-founder. The team's academic pedigree, particularly its Tsinghua connections, is a defining feature of the project.

Technically, Conflux uses a consensus design called Tree-Graph, paired with a rule known as GHAST (Greedy Heaviest Adaptive SubTree). Instead of organizing blocks in a single chain, Conflux arranges them in a directed acyclic graph, allowing blocks to be processed concurrently and increasing throughput. In 2022 the project added a Proof of Stake finality layer on top of its Proof of Work base, where staked validators finalize blocks to reduce the risk of attacks while Proof of Work continues to order transactions.

Conflux uses a dual-space architecture. A single ledger runs two parallel execution environments: Core Space, which uses Conflux's native addresses and features, and eSpace, which is fully compatible with the Ethereum Virtual Machine and uses Ethereum-style addresses. This lets Ethereum developers deploy existing smart contracts on eSpace with little modification while still benefiting from the underlying Tree-Graph chain.

CFX began with a genesis supply of 5 billion tokens and follows an inflationary emission model rather than a hard cap, with net annual inflation of roughly 1.9 percent and various burn mechanisms tied to storage and gas fees. Circulating supply is around 5.2 billion. Tokens are emitted to Proof of Work miners and Proof of Stake validators, and can be staked to earn rewards and participate in governance.

Conflux's compliance positioning has translated into high-profile relationships in China. The project received a research grant connected to the Shanghai government, partnered with China Telecom to debut a blockchain SIM card, and powered an NFT promotion for McDonald's China. These initiatives are central to how the project markets itself, though claims such as being the "only" compliant public chain are best understood as the project's own positioning.

Getting Started With Conflux

Getting started with Conflux involves choosing a space, setting up a wallet, and acquiring CFX:

  1. Step 1: Decide whether you want to use Core Space (native Conflux) or eSpace (EVM-compatible). Many DeFi apps run on eSpace.
  2. Step 2: Set up a wallet: Fluent for native Core Space, or MetaMask configured for the Conflux eSpace network.
  3. Step 3: Buy CFX on a centralized exchange and withdraw to your wallet; some exchanges support direct withdrawal to eSpace.
  4. Step 4: Use the cross-space bridge to move CFX between Core Space and eSpace, then stake or explore eSpace DeFi apps such as Swappi.

How to Get a Conflux Wallet?

Conflux's dual-space design means the right wallet depends on which space you use.

Fluent Wallet

Fluent is the official Conflux browser wallet, supporting both Core Space and eSpace. It handles CFX, staking, and the cross-space bridge that moves assets between the two environments.

MetaMask

Because eSpace is EVM-compatible, MetaMask can be configured with Conflux eSpace network settings to hold CFX and interact with eSpace decentralized applications.

Hardware Wallets

Ledger devices can be paired with Fluent or MetaMask to keep your private keys offline, which is recommended for larger balances and staking.

Conflux Resources

How to Buy Conflux?

CFX is available on several major centralized exchanges and on Conflux's own decentralized exchanges.

Centralized Exchanges

CFX is listed on exchanges including Binance, Gate, KuCoin, and Bybit, typically against USDT. KuCoin supports direct withdrawal of CFX to eSpace. Common pairs include CFX/USDT and CFX/BTC.

Decentralized Exchanges

Swappi is the leading decentralized exchange on Conflux eSpace. To use it, bridge CFX into eSpace with the Fluent cross-space bridge, or withdraw eSpace CFX directly from a supporting exchange, then swap and provide liquidity.

Latest Conflux News

Conflux has pushed into real-world finance and scaling. In 2025 the project announced Conflux 3.0, a new architecture targeting much higher throughput and support for on-chain AI-agent activity, and it partnered with fintech firm AnchorX and others to develop an offshore yuan (CNH)-pegged stablecoin aimed at cross-border trade corridors. It is worth noting that this offshore yuan stablecoin is a private, partner-issued token and is distinct from China's central bank digital currency, the digital yuan.

These announcements drew renewed attention to CFX and its compliance-focused strategy. Because performance figures such as throughput targets are largely project claims, the official documentation, blog, and GitHub are the best places to verify the current state of the network and its roadmap.