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FileCoin

#76
FIL
$0.82460
24h+0.96%
7d-1.68%
30d-19.53%

FileCoin Price Performance

Low
High
$0.81674
$0.82473

FileCoin Key Metrics

Market cap
$633.04M
FDV
$629.76M
Volume (24h)
$3.56M
Vol/Mkt Cap (24h)
0.01%
Total supply
767.69M FIL
Max. supply
2B FIL
Circulating supply
767.69M FIL
Profile score
87%
Updated Apr 01, 2026Rank #297

FIL to USD Converter

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FileCoin Overview

24h High
$0.82
24h Low
$0.82
24h Change
+0.96%
7d Change
-1.68%
30d Change
-19.53%
Volume 24h
$3.56M
Market Cap
$629.76M
Circulating Supply
767.69M FIL

FileCoin News

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About FileCoin

FileCoin (FIL) is a decentralized storage network that allows users to store and retrieve data from storage providers around the world, incentivized by the native FIL cryptocurrency. The protocol is designed to make file storage and retrieval more secure, reliable, and cost-effective than traditional centralized storage systems, using Proof of Replication (PoRep) and Proof of Spacetime (PoSt) cryptographic proofs. Filecoin was created by Protocol Labs, founded in 2014, who are also the creators of IPFS and libp2p. Filecoin provides a secure, decentralized, and cost-effective alternative to traditional centralized storage systems.
FileCoin is a peer-to-peer network that stores files and provides economic incentives and cryptography to ensure files are stored reliably over time. It is built on top of the same software powering IPFS protocol, and allows users to pay to store their files on storage providers. Available storage, and the price of that storage, is not controlled by any single company, but rather is a competitive market facilitated by FileCoin. The network is able to support a wide range of formats of data, including audio and video files, and is utilized by various platforms, such as NFT.Storage and Audius, to provide a decentralized storage solution.
The Filecoin protocol is designed to make file storage and retrieval more secure, reliable, and cost-effective than traditional centralized storage systems. The Filecoin network consists of nodes, storage providers, and actors. Nodes keep the Filecoin blockchain up-to-date and validate messages in every block. Storage providers are responsible for storing data on the network, which they are rewarded for in FIL. Actors are responsible for managing the state of the network, such as accounts, multisigs, and account balances. To store and retrieve data on the network, users must create storage and retrieval deals with storage providers, who must prove that they are storing the data and that it is being stored correctly. To ensure this, storage providers use Proof of Replication (PoRep) and Proof of Spacetime (PoSt) cryptographic proofs. To execute messages, actors must pay a gas fee, which is paid to the block-producing storage provider and is composed of the BaseFee, GasLimit, GasFeeCap, and GasPremium. Filecoin provides a secure, decentralized, and cost-effective alternative to traditional centralized storage systems.

Filecoin supports AI-related use cases by providing decentralised infrastructure for storing and accessing large datasets needed for AI training and deployment. This includes:

  • Decentralised Data Storage: AI systems require significant data for training, and Filecoin offers scalable, decentralised storage for datasets, allowing global access without relying on centralised providers. Data Integrity and Verification: Filecoin uses Proof-of-Replication (PoRep) and Proof-of-Spacetime (PoSt) to ensure data is tamperproof and verifiable, addressing the reliability requirements of AI applications.
  • Programmable Storage: The Filecoin Virtual Machine (FVM) enables programmatic interactions with stored datasets through smart contracts, supporting automated workflows for AI model training and inferencing.
  • AI Model Sharing: Developers and researchers can use Filecoin to store and distribute AI models, ensuring decentralised access to machine learning resources.
  • Distributed AI Processing: Filecoin’s decentralised storage architecture aligns with distributed AI processing models, where datasets are stored close to edge devices or training nodes.
Filecoin was created by Protocol Labs, founded by Juan Benet and Dave Hyland in 2014. Protocol Labs is also the creator of IPFS and libp2p, which are integral components of the Filecoin protocol. Protocol Labs has been researching, developing, and deploying blockchain-based technologies since early 2014 and was created to help make the world’s data more accessible, secure, and useful.

FileCoin Markets

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FileCoin Platforms

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Learn About FileCoin

WAL Earnings Model: How Walrus Burns Tokens for Storage

WAL Earnings Model: How Walrus Burns Tokens for Storage

Team Liquid, a major player in esports, had collected 250 terabytes of game recordings and player communications, and that amount grew each week. They were worried that a single storage failure could destroy the entire archive. The team fixed the problem by moving to Walrus, Sui's decentralized storage system. That switch fixed the single point of failure they had. This move, which happened in February 2026, brought more attention to WAL stock and its unique method of earning money. With this model, storage payments don't just make income. They also get rid of WAL tokens.

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FileCoin Market Data

The live FileCoin price today is $0.82 USD with a 24-hour trading volume of $3,559,038.29 USD. We update our FIL to USD price in real-time. FileCoin is up 0.96% in the last 24 hours.

The current market cap is $629,757,777.93 USD, ranking #76 by market capitalization. The circulating supply is 767,694,468 FIL out of a max supply of 2,000,000,000 FIL.