1 · Stablecoins on Conflux
QuietDollar coin up 9x since Jan 5 2026; yuan coin stalled.
Data
| Date | AxCNH (yuan) | USDT0 (dollar) |
|---|---|---|
| Jul 27 2026 | 38.1 M | 16.7 M |
| Aug 31 2026 | 38.1 M | 20.1 M |
| Sep 28 2026 | 38.1 M | 20.1 M |
| Oct 14 2026 | 38.1 M | 20.2 M |
No single dated event in the next 90 days.
New CFX goes to miners and stakers. Burns are tiny.
CFX runs Conflux, a fast public chain: 5.25B coins circulate and all are unlocked. New CFX pays miners and stakers; a little is burned.
Sell pressure. Miners and stakers got 23.06M new CFX in 90 days — mostly staking interest, as the stake rose to 930.2M CFX. Nothing vests, and fund payouts stay inside the float.
Buy pressure. Fee and storage burns removed only 7,625 CFX — about one coin for every 3,000 created.
Net. Net, supply grows about 0.44% in 90 days, and about the same next.
Conflux mints new CFX in two ways: miners get about 0.40 CFX for each block (two blocks a second), and stakers who help run the chain earn interest. Over these 90 days miners took about 6.25M and stakers about 16.82M, for 23,055,419 new CFX in total — about 256,000 a day. Staking grew from 850.6M to 930.2M CFX, so the staking share keeps rising. Token holders voted to keep both rates unchanged.
The 5B coins made at launch in 2020 finished unlocking in 2024. The chain's own unlock pools read zero, and unlock trackers list CFX as fully unlocked, so there is nothing left to open.
Four large fund contracts hold about 2.31B CFX: 1.35B, 557.6M, 302.9M and 104.7M. Each month they pay one project wallet, which passes the coins on — about 67.2M CFX left them in these 90 days (25.0M on Jul 15 and 26.6M on Aug 14 from the largest). A fifth contract holds 665.0M CFX with no label and has not moved. All of these coins are already counted as circulating, so these moves add nothing new.
No estate, trustee or long lock pays CFX out. No company treasury deal with a long lock-up has shown up on-chain.
No contract or treasury buys CFX back. The foundation announced a one-time 76M CFX burn from the ecosystem fund in 2025; nothing like it happened in this window.
Part of each transaction's base fee is destroyed, and so is the CFX locked to pay for storage when it turns into storage points. Over 90 days that came to 7,625 CFX: 2,224 from fees and 5,401 from storage. Fees on Conflux are tiny, so the burn takes away about 1 CFX for every 3,000 created.
No announcement or on-chain flow this window shows the foundation or any project fund buying CFX on the market.
Staking grew by 79.6M CFX this window, to 930.2M. But staked CFX still counts as circulating, so more staking takes nothing out of the float — it only raises the interest paid above.
Two sides: how much people want CFX right now, and how much buying could come later.
This part is based on social media. It shows how hot CFX is right now. A better rank means more people are talking about it.
Today, people are talking about CFX for one reason:
On Oct 9 2026, China's Party Central Committee and State Council published a plan that includes building a "national blockchain network". CFX rose about 28% in a day on the news, even though the plan does not name Conflux or any crypto, then fell more than 10% on Oct 12 and Oct 13 2026. People ask if Conflux will really have a part in China's network.
Checked Oct 14 2026
Supply and demand point to a mixed long-run signal for Conflux (Oct 15 2026, score 4/10). Conflux adds +0.44% new supply in 90 days, and demand reads low (1/5). Conflux's price drivers: 1 ▲ price up, 0 ▼ price down.
We would read Conflux differently if new supply jumps (today +0.44% in 90 days), or demand falls from low. Until then Conflux's signal stays mixed.
Conflux scores 4/10 on our framework (Oct 15 2026): supply 3/5 (light), demand 1/5. Over the next year Conflux's supply changes +1.78%. The long-run signal is mixed.
Supply and demand favor Conflux most when little new supply is coming, demand is strong and the price drivers point up. Right now Conflux has +0.44% new supply in 90 days (light), demand low (1/5), drivers 1 ▲ / 0 ▼.
Conflux's price drivers today: 1 pointing up, 0 pointing down, out of 2. ▲ Stablecoins on Conflux: Dollar coin up 9x since Jan 5 2026; yuan coin stalled. • China/HK rules: Hong Kong keeps opening up; mainland China still bans crypto trading.
Conflux: mixed signal, 4/10 · Bitcoin: positive signal, 8.5/10 (Oct 15 2026). By supply and demand, Conflux reads weaker than Bitcoin today.
Every answer here applies basic economic theory — the law of supply and demand — to this coin's data. It is not financial advice. How we read every coin →
We look at two things, half each: supply and demand. Fewer new coins mean less selling pressure. A meme coin scores 1.5 at most on supply: its team got its coins for free, so no new supply does not make it safe. We also show each coin's age, with a warning when it is younger than 1 year. Demand looks at how much people want the coin now and how much buying could come later. Price Drivers (Beta) are the 2 or 3 things that can move one coin's price that supply and demand miss; they have no score. CFX supply grows +0.44% in the next 90 days, so it shows in red: more CFX reaches the market than is removed. Zero or falling supply is always green, any growth is red.
One email before each big supply event, and the day our verdict changes. Nothing else. You can watch 2 coins for free.
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