FileCoin (FIL) Price, Charts & Market Data
FileCoin
FIL
$1.99
24h-3.88%
7d-41.11%
30d+24.02%
CN2
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Price performance
Low
High
$1.94
$2.17
Key metrics
Market cap
$1.42B
FDV
$1.41B
Volume (24h)
$351.83M
Vol/Mkt Cap (24h)
0.25%
Total supply
712.77M FIL
Max. supply
2B FIL
Circulating supply
712.77M FIL
Profile scoreAn overall security assessment from external sources (audits, code quality, on‑chain risk). Scale 0–100 — higher is better. For informational purposes only.
90%
Updated Nov 14, 2025Rank #99
FIL to USD converter
USD
$1.99
24h High
$2.17
24h Low
$1.94
24h Change
-3.88%
7d Change
-41.11%
30d Change
+24.02%
Volume 24h
$351.83M
Market Cap
$1.41B
Circulating Supply
712.77M FIL
FIL 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.
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FileCoin Price Live Data
The live FileCoin price today is $1.99 USD with a 24-hour trading volume of $351,831,903.28 USD. We update our FIL to USD price in real-time. FileCoin is down 3.88% in the last 24 hours.
The current market cap is $1,412,490,011.04 USD. It has a circulating supply of 712,772,633 FIL coins and a max supply of 2,000,000,000 FIL coins.