In the ever-evolving world of blockchain technology, few projects manage to combine academic excellence, technical innovation, and real-world adoption as seamlessly as Conflux Network. As one of the most prominent homegrown public blockchains from China, Conflux has carved out a unique space for itself in a landscape dominated by Western projects. Built on a novel Tree-Graph consensus mechanism, it promises high throughput, fast confirmation times, and true scalability—without compromising decentralization or security.
This article dives deep into the Conflux ecosystem, explores its core technology and team, analyzes the CFX tokenomics, and walks you through how to participate in high-yield opportunities like Swappi’s liquidity mining farms—all while keeping your journey secure and informed.
What Is Conflux Network?
Conflux Network is a permissionless, proof-of-work blockchain that leverages a unique DAG-based Tree-Graph structure to achieve high transaction throughput and fast finality. Unlike traditional blockchains that process transactions linearly, Conflux processes multiple blocks in parallel using its GHAST consensus protocol, which intelligently orders transactions based on causal relationships ("happens-before" logic) across the network.
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This innovative approach allows Conflux to maintain consistency across nodes without discarding any forked blocks—maximizing efficiency and enabling real-world TPS exceeding 3,000, far surpassing Ethereum’s average of around 20.
The Science Behind the Speed
At the heart of Conflux lies the Tree-Graph ledger, where each block references both parent and uncle blocks, forming a directed acyclic graph (DAG). From this structure, a deterministic "pivot chain" is derived using the Maximum Subtree Rule, ensuring all nodes agree on a single canonical order of transactions—even under high concurrency.
This design effectively addresses the blockchain trilemma (scalability, security, decentralization), offering performance closer to centralized systems while preserving the core tenets of decentralization.
A World-Class Team Driving Innovation
One of Conflux’s strongest assets is its academically elite development team, composed of graduates from top-tier institutions like MIT, Tsinghua University, Carnegie Mellon, and the University of Toronto.
- Founder Dr. Fan Long: A two-time International Olympiad in Informatics gold medalist and MIT PhD in Computer Science. His work forms the foundation of Conflux’s consensus model.
- Chief Scientist Andrew Yao (姚期智): The only Chinese recipient of the Turing Award, widely regarded as the Nobel Prize of computing. His guidance lends immense credibility to the project.
- CTO Ming Wu: Former senior researcher at Microsoft Research Asia and holder of a PhD from the Chinese Academy of Sciences.
Many team members are alumni of Tsinghua’s prestigious “Yao Class,” known for producing China’s top computer scientists. This blend of academic rigor and industry experience sets Conflux apart in an ecosystem often driven by hype over substance.
Institutional Backing and Global Ambition
Despite being rooted in China’s tech ecosystem, Conflux strategically registered its foundation in Singapore to navigate regulatory complexities. Within just six months of launch, it raised $35 million from leading investors including:
- Sequoia Capital China
- Baidu Ventures
- IMOVentures
- Refan Capital
With a post-funding valuation exceeding $400 million, Conflux quickly gained traction as a serious contender in the global Layer 1 race.
While it faced regulatory scrutiny during China’s 2021 crypto crackdown, its international presence and EVM-compatible Conflux eSpace environment have allowed it to continue growing globally.
Key Features That Set Conflux Apart
⚡ High Performance & Scalability
With tested TPS over 3,000 and sub-second finality, Conflux supports complex dApps and DeFi protocols at scale—making it ideal for enterprise use cases and mass adoption.
🔗 Dual Compatibility: Core & eSpace
Conflux operates two parallel chains:
- Core Chain: Native Tree-Graph consensus with native CFX staking.
- eSpace: EVM-compatible layer for seamless migration of Ethereum dApps.
Developers can deploy Solidity-based smart contracts directly on eSpace, lowering entry barriers for existing Web3 builders.
💡 Developer Incentives
To accelerate ecosystem growth, Conflux launched a 2.4 billion CFX grant program targeting:
- Infrastructure tools
- Developer SDKs
- dApps driving user adoption and liquidity
This long-term funding strategy fosters organic growth rather than short-term speculation.
Understanding the CFX Token
The native utility token of the Conflux Network is CFX, used for:
- Paying gas fees
- Staking and participating in consensus
- Governance voting
Current Market Overview (as of latest data):
- Market Cap: ~$173 million
- Circulating Supply: ~1.82 billion CFX
- Total Supply: 5.25 billion CFX (capped)
- All-Time High: $1.70 (March 2021)
- All-Time Low: $0.0706 (May 2022)
Listed on major exchanges like OKX, Binance, and Gate.io, CFX remains accessible to global traders.
⚠️ Note: There is ongoing community discussion about token unlock schedules tied to price milestones—though not officially confirmed in the whitepaper. Always conduct your own research (DYOR) before investing.
👉 Start exploring CFX trading pairs with low fees and high liquidity
How to Earn Yield on Swappi: Step-by-Step Guide
Swappi is one of the leading DeFi platforms on Conflux eSpace, offering automated market maker (AMM) trading and high-yield liquidity farming. At times, annualized yields have exceeded 800% APR, making it an attractive destination for yield seekers.
Here’s how to get started:
Step 1: Acquire CFX on a Centralized Exchange
Buy CFX on Binance or OKX. Note: On Binance, you’ll receive bCFX, a BEP-20 wrapped version of CFX hosted on BSC—not the native asset.
Step 2: Bridge from BSC to Conflux eSpace
You’ll need to move your bCFX from Binance Smart Chain to Conflux via a cross-chain bridge.
- Visit the official Swappi Bridge or supported multichain portal.
- Connect your MetaMask wallet.
Add Conflux Network to MetaMask manually:
- RPC URL:
https://evm.confluxrpc.com - Chain ID: 1030
- Symbol: CFX
- RPC URL:
- Switch to BSC network and approve the transfer.
- Initiate the bridge—your funds will arrive on eSpace within minutes.
- Click “Claim” to finalize receipt of native CFX.
💡 Gas Tip: Keep a small amount of BNB (~0.01) in your wallet to cover BSC gas costs during bridging.
Step 3: Provide Liquidity & Start Farming on Swappi
- Go to swappi.fi (do not click external links; only use verified domains).
- Connect MetaMask and switch to Conflux eSpace.
- Navigate to “Farming” > “Pools.”
- Choose the PPI-USDC pool (or another available pair).
- Swap half your CFX for PPI (Swappi’s governance token), and the other half for USDC (via stablecoin bridges if needed).
- Add liquidity to create a LP position.
- Stake your LP tokens in the farm.
- Boost rewards by staking received PPI tokens—increasing APR up to 2,600%+ during promotional periods.
🔔 Pro Tip: Staking PPI may grant access to future IDO allocations on Swappi’s launchpad—a valuable perk for early adopters.
Frequently Asked Questions (FAQ)
Q: Is Conflux really scalable compared to Ethereum?
A: Yes. With over 3,000 TPS and EVM compatibility via eSpace, Conflux offers faster, cheaper transactions than Ethereum L1—ideal for DeFi and NFT applications requiring high throughput.
Q: Can I use MetaMask with Conflux?
A: Absolutely. Through Conflux eSpace, any EVM-compatible wallet like MetaMask works seamlessly. Just add the correct RPC details for network connectivity.
Q: Is Swappi safe for liquidity provision?
A: While Swappi has shown strong yields, always assess impermanent loss risks and audit status before depositing funds. As with all DeFi protocols, treat high APYs cautiously.
Q: Why does CFX have such low market cap despite strong fundamentals?
A: Regulatory uncertainty in China impacted early adoption. However, international expansion and growing dApp activity suggest long-term potential beyond current valuation.
Q: How often are new CFX tokens released?
A: New CFX is minted through PoW mining and gradually released into circulation. The total supply is capped at 5.25 billion, promoting scarcity over time.
Q: Can I stake CFX directly on the Core Chain?
A: Yes. Native staking on the Core Chain allows users to earn rewards by locking CFX and supporting network security—offering an alternative to DeFi yield farming.
Final Thoughts
Conflux represents a rare fusion of academic excellence, technical innovation, and strategic vision. As one of China’s most credible contributions to global blockchain infrastructure, it continues to push boundaries in scalability and interoperability.
Platforms like Swappi demonstrate the real utility emerging on its network—offering tangible yield opportunities backed by growing ecosystem incentives.
Whether you're a developer looking for a high-performance EVM environment or an investor exploring undervalued ecosystems with strong fundamentals, Conflux and CFX deserve attention.
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