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FileCoin

#75
FIL
$0.95855
24h-0.11%
7d-12.21%
30d+5.66%

FileCoin Price Performance

Low
High
$0.95439
$0.96747

FileCoin Key Metrics

Market cap
$749.41M
FDV
$728.49M
Volume (24h)
$7.36M
Vol/Mkt Cap (24h)
0.01%
Total supply
781.82M FIL
Max. supply
2B FIL
Circulating supply
781.82M FIL
Profile score
89%
Updated May 18, 2026Rank #179

FIL to USD Converter

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FileCoin Overview

24h High
$0.97
24h Low
$0.95
24h Change
-0.11%
7d Change
-12.21%
30d Change
+5.66%
Volume 24h
$7.36M
Market Cap
$728.49M
Circulating Supply
781.82M 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

Filecoin Staking Yields Quietly Hit Fourteen Percent

Filecoin Staking Yields Quietly Hit Fourteen Percent

Filecoin (FIL) is the native token of the Filecoin network, a decentralized storage protocol that lets clients pay miners to store and retrieve data, with consensus driven by proofs of physical storage capacity rather than traditional Proof of Stake validator attestations or Proof of Work hashrate. FIL trades within a tight range during the first half of 2026, with Cryptopolitan projecting an average price of $1.26 for the year. The Filecoin Onchain Cloud upgrade activated in January 2026 introduced delegation paths letting external FIL holders post collateral on behalf of storage providers in exchange for a portion of storage fees and block rewards. Liquid staking derivatives including stFIL and clFIL launched throughout late 2025 and 2026. Direct delegation to elite storage providers nets 8% to 14% gross annualized returns as of mid-May 2026.

Archie Dutton logoArchie DuttonMay 15, 2026
9m
Ravencoin's Original Vision and Why It Still Matters Today

Ravencoin's Original Vision and Why It Still Matters Today

January 15th, 2026 will go down as the day of Ravencoin's second halving. The block reward moving from 2500 RVN to 1250 RVN, it was an important development as it cut in half the issuance of the day. For what was essentially double the reduction of ravencoin entering circulation per day, the network would generate little more than a blip on the mainstream ravencoin news radar. Celebrity investors wouldn't tweet.

11m
Filecoin Wallets Ranked by Security Features You Actually Need

Filecoin Wallets Ranked by Security Features You Actually Need

The "where do you keep your coins?" question has gotten a whole lot less academic. If you're one of the people asking "what is FIL besides a speculation token," the answer already exists in the form of storage deal collateralization requirements, mining rewards, and staking requirements. These are very real use cases that create wallets existing cryptocurrency custody services just aren't built for.

Mia Halland logoMia HallandApr 5, 2026
8m

Often Discussed Alongside FileCoin

Tokens that appear with FileCoin in our academy articles.

FileCoin Market Data

The live FileCoin price today is $0.96 USD with a 24-hour trading volume of $7,357,344.15 USD. We update our FIL to USD price in real-time. FileCoin is down 0.11% in the last 24 hours.

The current market cap is $728,493,210.40 USD, ranking #75 by market capitalization. The circulating supply is 781,823,492 FIL out of a max supply of 2,000,000,000 FIL.