Trade CFX/USD
Conflux / US Dollar
Conflux is a China-compliant high-throughput blockchain using Tree-Graph consensus, operating as one of the few public blockchains sanctioned for use within mainland China.
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Specifications
About Conflux (CFX/USD)
Conflux occupies a unique regulatory niche as the only public, permissionless blockchain that operates with the backing of the Chinese government, making it compliant for use in China where most public blockchains are blocked. The protocol uses Tree-Graph consensus, a directed acyclic graph structure that processes multiple blocks simultaneously rather than linearly, enabling higher throughput than traditional Nakamoto consensus chains. Conflux operates two spaces: Core Space with its native account model, and eSpace, which is EVM-compatible and allows Ethereum developers to deploy Solidity contracts with minimal changes. The network has partnered with Shanghai and other Chinese municipalities for government-backed applications including digital yuan integration tests. CFX is the native gas and staking token. CFX/USD on StoicMarkets is a CFD, no CFX tokens are purchased or held on your behalf.
Key Price Drivers
- Chinese government partnerships, municipal blockchain projects, and regulatory license expansion
- Digital yuan (e-CNY) integration pilot programs and CBDC ecosystem involvement
- International DeFi adoption of the EVM-compatible eSpace by overseas developers
- Broader Chinese government policy shifts toward blockchain technology
Peak Trading Hours
Layer 1 blockchain tokens trade around the clock as CFDs on StoicMarkets MT5. Volume typically follows the US and European equity sessions, when most institutional and retail crypto trading takes place.
US and European business hours (13:00-21:00 UTC)
Network upgrades, governance votes, and validator-related events can move L1 token prices at any hour. Available on MT5 from Monday 00:00 to Friday 23:59 UTC.
How to Trade CFXUSD on StoicMarkets
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Find CFXUSD in MT5
Open MetaTrader 5, search for CFXUSD in Market Watch, and add it to your chart.
Place Your Trade
Set your lot size, stop loss, and take profit, then execute your order.
Key terms
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Frequently Asked Questions
Why is Conflux significant given China's stance on cryptocurrency?
China banned cryptocurrency trading and mining, yet Conflux operates as a government-backed public blockchain. This is possible because Conflux is positioned as infrastructure for enterprise applications, government services, and the digital yuan ecosystem rather than as a speculative asset or trading platform. It received backing from the Shanghai Science and Technology Commission and has worked with Chinese universities and municipalities. The distinction between banned speculative crypto and approved blockchain infrastructure is the regulatory framework Conflux navigates.
What is Tree-Graph consensus and how does it differ from traditional blockchain consensus?
Standard blockchains produce one block at a time in a linear chain; miners or validators must agree on a single canonical block at each height, discarding competing blocks. Tree-Graph allows multiple blocks to be produced simultaneously and references them in a directed acyclic graph structure. Rather than discarding parallel blocks, Conflux's consensus algorithm incorporates them into the final ordering, extracting more throughput from the same network without wasting the work that produced concurrent blocks.
What is Conflux eSpace and who is it for?
eSpace is Conflux's EVM-compatible execution environment that allows Ethereum developers to deploy existing Solidity smart contracts on Conflux without modification. It runs alongside Core Space and is connected to it through a bridge. eSpace targets developers who want access to Conflux's throughput and China market positioning without learning a new smart contract language or porting their existing Ethereum codebase.
Does trading CFX/USD on StoicMarkets mean I hold tokens?
No. CFX/USD on StoicMarkets is a Contract for Difference. You trade CFX's price against the US dollar without holding any tokens. To pay gas fees on the Conflux network, stake CFX, deploy contracts on eSpace, or participate in governance, you would need actual CFX tokens in a Conflux-compatible wallet.
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CFDs are complex instruments and carry a high risk of rapid capital loss due to leverage. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.