Conflux vs Covalent X Token — how do they compare? Conflux trades at Rp774.02 (market cap Rp4,05T, Rp188,32M 24h volume), while Covalent X Token trades at Rp67.64 (market cap Rp65,46M, Rp3,64M 24h volume). The key difference: Conflux is far larger — about 61869.8× Covalent X Token's market cap, and Covalent X Token's supply is capped (967,1M / 1B CXT (97%)) while Conflux's keeps growing. Which is the better fit depends on your goals — on Pluang, investors hold Conflux for 38 Days and Covalent X Token for 10 Days on average.
| CFX | CXT | |
|---|---|---|
Market Cap | Rp4,05T | Rp65,46M |
Volume (24h) | Rp188,32M | Rp3,64M |
Circulating Supply | 5,2B CFX | 967,1M / 1B CXT (97%) |
Typical Hold Time | 38 Days | 10 Days |
What Pluang investors did over the last 30 days
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Conflux (CFX) is a public layer-1 blockchain that was made to power decentralized applications (dApps), e-commerce, and Web 3.0 infrastructure by being more scalable, decentralized, and secure than existing protocols. Conflux makes it easier to transfer valuable assets by making the process quick, effective, free of network congestion, and with low transaction costs. The platform is based on the Tree-Graph consensus mechanism, and it combines Proof-of-Work (PoW) and Proof-of-Stake (PoS) algorithms to achieve consensus. The protocol uses Turing-complete smart contracts written in Solidity, just like those on Ethereum, and is compatible with the EVM (Ethereum Virtual Machine).
Read more on CFX →CXT is the utility and governance token of the Covalent Network, which safeguards Ethereum’s historical data. It is used for staking and enables holders to participate in decentralized governance. The network enhances data availability for developers building on the Ethereum ecosystem.
Read more on CXT →