Validators process transactions and receive fees from users (supply-side fees).

Conflux is a smart contract platform for decentralized applications (a blockchain). Conflux was founded by David Chow, Fan Long, Ming Wu, and YuanJie Zhang and launched in 2020. Note that this dashboard only includes Conflux Core Space.

CFX holders own and govern the protocol. They currently do not take a cut of the total transaction fees paid by users (revenue).

governance

github

twitter

discord

website

Blockchains (L1)

Conflux Core Space

# Conflux Core Space Fees Methodology

## 1. Overview

Conflux fees represent the total daily transaction fees paid by users on the Conflux blockchain, expressed in USD. This metric answers the question "How much are users collectively paying in transaction fees on Conflux each day?" The calculation aggregates all transaction fees from successful and failed transactions, converts them from the native CFX token to USD using end-of-day pricing, and presents them as daily totals.

## 2. Data sources

The calculation relies on the following data sources:
- **Conflux blockchain transactions**: Raw transaction data scraped from the Conflux blockchain, including transaction details, fees, timestamps, and execution status
- **CoinGecko price feeds**: End-of-day price data for the CFX token (conflux-token) to enable USD conversion
- **Token Terminal metadata**: Chain availability data and standardization parameters for consistent metric formatting

## 3. Step-by-step calculation

### Component A: Transaction fee extraction
- **Purpose**: Extract and standardize transaction fee data from raw Conflux blockchain transactions
- **Logic**: The system processes all transactions from the Conflux blockchain, extracting key fields including block timestamps, transaction hashes, sender addresses, execution success status, and most importantly the `fee` amount paid for each transaction. Each transaction is labeled with constant identifiers including the chain name ('conflux'), token symbol ('CFX'), and CoinGecko ID ('conflux-token'). The fee amounts are cast to high-precision numeric format to preserve accuracy during subsequent calculations.
- **Key fields**: `block_timestamp` for timing, `transaction_hash` for uniqueness, `fee` for the transaction cost in native CFX tokens, `success` status, and `sender` address

### Component B: Daily fee aggregation  
- **Purpose**: Group transactions by day and sum total fees paid across all transactions
- **Logic**: Transactions are grouped by calendar day using timestamp truncation to daily boundaries. For each day, the system sums all fee amounts regardless of transaction success status, capturing the total economic cost imposed on users. The aggregation also applies standard Token Terminal categorization, classifying Conflux as a layer-1 blockchain ('blockchains_l1' market sector) in the 'blockchain' business segment. No product-level segmentation is applied (product_id is null).
- **Key fields**: `daily_timestamp` as the day boundary, `fees` as the sum of all transaction fees for that day, plus standardized identifiers

### Component C: USD currency conversion
- **Purpose**: Convert daily CFX fee totals to USD for cross-chain comparability
- **Logic**: The system applies Token Terminal's standard USD conversion process using CoinGecko price feeds. Daily CFX fee amounts are multiplied by the corresponding end-of-day CFX/USD exchange rate from CoinGecko's 'conflux-token' pricing data. This conversion uses the closing price for each day to ensure consistent valuation timing across all metrics.
- **Key fields**: `fees` converted from CFX to USD amounts while preserving all other dimensions

### Final aggregation
- **Combining components**: The components flow sequentially rather than being combined - raw transaction data flows into daily aggregation, which then flows into USD conversion
- **Currency conversion**: CFX amounts are converted to USD using end-of-day CoinGecko exchange rates for the conflux-token, applied at the daily aggregation level
- **Time aggregation**: Data is aggregated to daily boundaries using calendar day truncation of block timestamps, with a timestamp grain of 'day'
- **Final calculation**: The final metric represents the sum of all transaction fees paid on Conflux for each calendar day, expressed in USD. The finalize_metric_fees macro ensures data quality by validating identifiers, filling any missing days with zero values, and applying chain availability filters to exclude periods when data might be incomplete or unreliable.

*This methodology was automatically generated by Token Terminal's methodology analyzer.*

Total value users pay to use a protocol (gross fees, user-paid fees).

Conflux Core SpaceCFX

Archived

Fees

Fees

Competitive landscape