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| 1 Year | 5 Year | 5 Year Annualized | Since IPO | |
|---|---|---|---|---|
| CFX | -59.46% | -85.4% | -31.95% | -41% |
| S&P | +12.9% | +73.65% | +11.66% | +92% |
Conflux Network is a cutting-edge blockchain designed for decentralized applications (dApps) and digital assets. Leveraging its unique Tree-Graph consensus mechanism, it achieves high transaction speeds and low latency. Originating from the lab of Turing Award laureate Dr. Andrew Yao, the network's leadership features Founder Fan Long of the Tree-Graph Blockchain Research Institute, with cofounders YuanJie Zhang and CTO Ming Wu. Advisors Andreas Veneris and Andreas Park provide their expertise. The platform is versatile, catering to various domains such as gaming, finance, and supply chains, and supports smart contracts. Developers find its interface conducive to creating dApps efficiently. The Conflux token (CFX) serves multiple purposes within the ecosystem, including staking, paying transaction fees, and acting as a store of value.
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