Filecoin price

in USD
$2.322
-- (--)
USD
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Market cap
$1.61B #31
Circulating supply
693.65M / 1.96B
All-time high
$237.81
24h volume
$181.06M
3.9 / 5

About Filecoin

Filecoin (FIL) is a decentralized storage network designed to store humanity's most important information securely and efficiently. Unlike traditional cloud storage controlled by a few companies, Filecoin allows anyone to participate by renting out unused storage space, creating a more open and competitive market. Users pay with FIL tokens to store and retrieve data, while storage providers earn FIL for offering their space and maintaining data integrity. This system ensures data remains accessible and tamper-proof, making it ideal for everything from personal files to large-scale enterprise backups. With its focus on decentralization, security, and affordability, Filecoin is reshaping how the world thinks about data storage.
AI insights
Storage
DePIN
CertiK
Last audit: 1 Jun 2020, (UTC+8)

Filecoin’s price performance

Past year
-35.84%
$3.62
3 months
+2.60%
$2.26
30 days
+3.70%
$2.24
7 days
+5.68%
$2.20

Filecoin on socials

DePIN Hub / Hotspotty @ KBW + TOKEN2049
DePIN Hub / Hotspotty @ KBW + TOKEN2049
DePIN Hub is now an Alignment Partner in @iotex_io’s Real-World AI Foundry! AI trained on synthetic data can predict, but it can’t adapt. Real-World AI changes that: built on verified, live data from DePIN infrastructure. Together we’ll help shape standards so AI grows... ⚡ Grounded in reality ⚡ Open & interoperable ⚡ Aligned with human values This is the bridge between DePIN & AI. 🌍🤖 The next chapter starts now.
IoTeX
IoTeX
IoTeX is thrilled to announce the launch of the Real World AI Foundry. A global alliance to define shared standards for Real World AI that is grounded in reality, open to all, and aligned with human values. Together with our Alignment Partners, @VodafoneGroup @BlockchainAssn @Theta_Network @0G_labs @Filecoin @AethirCloud @HashKey_Global @nubilanetwork @LayerDrone @recallnet @GEODNET_ @wingbits @SpaceandTimeDB @taikoxyz @NovaNet_zkp @getaxal @ROVR_Network @NATIXNetwork @StorXNetwork @minara_ai @Pai3Ai @fluence_project @UseRobora @AEON_Community @AlchemyPay @hotspotty, we’re uniting enterprises, researchers, and innovators to co-create governance, data standards, and deployment frameworks for the future of AI. At the heart of the Foundry is the world’s first open ecosystem of Real-World Models (RWMs): intelligent systems trained on live, verified data from machines, sensors, and people. Grounded. Open. Human. Read more about our shared vision:
Crypto攻城狮丨Lion
Crypto攻城狮丨Lion
A friend involved in DeFi complained: "On-chain fund management is quite convenient, but when it comes to data storage, it's like driving a sports car stuck on a dirt road; no matter how powerful it is, it can't go fast." Indeed, traditional chains excel at calculations but struggle with data storage. Arweave and Filecoin can store data, but they lack native logical support. @irys_xyz aims to combine these two aspects: Making data storage as simple as plugging in, while also incorporating logic that can be directly used by contracts. Truly achieving "data is intelligence," rather than just cold, hard files. 1/ Irys is not "just another storage chain." It integrates low-cost storage and verifiable execution on the same L1, allowing data to carry instructions and be directly called by contracts—this is what is known as a "Programmable Datachain." The testnet is already live. 2/ Why is it needed? Traditional public chains excel at computation but not at storage; Arweave and Filecoin excel at storage but lack native computation. AI and the data economy require "data + execution" to work in tandem; otherwise, it leads to high costs and delays when stitching together multiple systems. Irys attempts to resolve this contradiction in one go. 3/ IrysVM: EVM Fork + Native Data Instructions IrysVM directly connects the storage layer on top of EVM, allowing data to not only be "storable" but also programmable. Developers can embed logic within the data, which executes automatically when called by contracts. 4/ Multi-Ledger Design Irys separates writing and verification into different ledgers such as Submit and Publish. Data first enters Submit, and only after verification and replication checks does it advance to long-term verifiable Publish. This ensures both scalability and integrity with verifiability. 5/ Pricing Mechanism Irys emphasizes anchoring fees to real storage costs rather than fluctuations in the secondary token market. It also offers different "term ledgers," allowing developers to flexibly choose between permanent and short-term storage based on cost and performance. 6/ Cross-Chain Integration For example, with Linea: users can directly pay for Irys's permanent storage using ETH on Linea, with uploads under 100 KiB being free, and each upload generates a verifiable receipt. Contracts can call Irys data on Linea, which is highly valuable for NFTs, games, and cross-chain applications. 7/ User Participation The testnet provides a Faucet and Arcade interactive mini-games, with low barriers to entry, suitable for community participation and stress testing. Ordinary users can quickly experience it, while developers can test the entire process of uploading, calling, and cross-chain integration. 8/ Performance Metrics The official claim is that the testnet can achieve 100k TPS, with retrieval latency lower than similar storage chains, and at a lower cost. This represents a potential technological breakthrough, but it requires independent verification from the community and third parties. 9/ Funding and Endorsements @irys_xyz has completed approximately $20 million in funding, with investors including CoinFund, Framework, Lemniscap, OpenSea Ventures, and others. The funds will support ecosystem expansion and infrastructure before the mainnet launch. 10/ Origins and Evolution Irys was formerly Bundlr, which helped Arweave grow from 10,000 daily transactions to 15 million, almost supporting the entire Arweave ecosystem. In 2024, it was renamed Irys, and its positioning evolved from "upload tool" to an independent L1. 11/ Why is it worth paying attention to? Programmable data: Transforming data from static archives into executable assets, suitable for AI memory, copyright distribution, automated billing, and other scenarios. Multi-ledger and replication: Balancing high-frequency writing with long-term storage. Cross-chain integration: Deploying contracts on other chains to call Irys data, reducing development and operational costs. 12/ Comparative Perspective Compared to "EVM + IPFS/Arweave plugins": Irys avoids cross-system coupling, reducing complexity. Compared to "storage-only" chains: Irys makes data a "first-class citizen," capable of actively triggering logic. Of course, it still needs to be tested on the mainnet with real traffic, economic models, and decentralization. 13/ Future Outlook How will the mainnet token and economic incentives be designed? What new applications will arise from the combination of data chains with AI and DePIN? Can it truly replace the existing "compute-storage separation" model? 14/ In summary: If previous "on-chain data" was merely static archiving, then Irys aims to make data a programmable asset. If these promises can be validated on the mainnet, it could become a key infrastructure for AI × On-chain Data.
Carl Moon
Carl Moon
THIS IS HOW PUMPTOBER BEGINS. ALTCOINS IN FULL SEND MODE. Q4 IS GOING TO BE LEGENDARY.

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Filecoin FAQ

In the Filecoin network, there are two different forms of mining: storage and retrieval. In storage mining, users generate FIL by storing data for customers and performing cryptographic proofs to continuously verify the data's integrity and ensure that the miner has not altered the data. In retrieval mining, users acquire FIL by winning bids and mining fees for a specific file, which are exclusively based on the file size's market value.

To begin using Filecoin, go to their website and look for a storage provider that meets your requirements. You must know what type of data you intend to store, how long you intend to keep it, and how much you are willing to pay. Filfix, the Filecoin explorer, displays prices, stability, and a variety of other statistics. You can also apply to become one of the 4,000 storage providers here.

Easily buy FIL tokens on the OKX cryptocurrency platform. Available trading pairs in the OKX spot trading terminal include FIL/USDT, FIL/USDC, FIL/BTC, and FIL/ETH.

You can also buy FIL with over 99 fiat currencies by selecting the "Express buy" option. Other popular crypto tokens, such as Bitcoin (BTC), Ethereum (ETH), Tether (USDT), and USD Coin (USDC), are also available.

Alternatively, you can swap your existing cryptocurrencies, including XRP (XRP), Cardano (ADA), Solana (SOL), and Chainlink (LINK), for FIL with zero fees and no price slippage by using OKX Convert.

To view the estimated real-time conversion prices between fiat currencies, such as the USD, EUR, GBP, and others, into FIL, visit the OKX Crypto Converter Calculator. OKX's high-liquidity crypto exchange ensures the best prices for your crypto purchases.

Currently, one Filecoin is worth $2.322. For answers and insight into Filecoin's price action, you're in the right place. Explore the latest Filecoin charts and trade responsibly with OKX.
Cryptocurrencies, such as Filecoin, are digital assets that operate on a public ledger called blockchains. Learn more about coins and tokens offered on OKX and their different attributes, which includes live prices and real-time charts.
Thanks to the 2008 financial crisis, interest in decentralized finance boomed. Bitcoin offered a novel solution by being a secure digital asset on a decentralized network. Since then, many other tokens such as Filecoin have been created as well.
Check out our Filecoin price prediction page to forecast future prices and determine your price targets.

Dive deeper into Filecoin

Filecoin, founded in 2014, is a peer-to-peer (P2P), open-source data storage network that uses blockchain technology to store files reliably and verifiably. Anyone needing to store their files or with storage space to spare can join and participate in the network. Consider it a cold storage, but instead of being owned by a single entity such as Google or Amazon, it is owned by everyone.

Data storage on Filecoin is entirely private; it is fully encrypted and secured, meaning no one, not even your storage provider, can read it. Additionally, Filecoin users do not need to worry about storage space because the network has a capacity of 2.5 billion gigabytes, 40 times the size of the internet.

Filecoin employs Proof of Replication (PoRep) and Proof of Spacetime (PoSt) rather than Proof of Stake (PoS). According to PoRep, miners will be compensated with FIL tokens if they can demonstrate that they received the cryptographically encoded data from the client. On the other hand, PoSt ensures that the data is kept for the time period specified in the client's contract.

Users typically pay with FIL tokens to store their files with storage providers. The price of storage on Filecoin is determined by the network's demand and supply for storage, and anyone can participate. Users are not limited to a small and defined set of storage providers but can store their files with any storage provider offering any deal available on the network. This enables users to store and access their files at extremely low prices.

Filecoin's native cryptocurrency, FIL, serves as a payment medium. Users pay FIL for storage services, and storage providers earn FIL units for staking storage space. The Filecoin blockchain immutably records FIL transactions as well as storage proofs generated by storage providers.

FIL price and tokenomics

Filecoin's ICO was one of the biggest successes in the blockchain industry, raising a total of $205.8 million. With an initial funding goal of $40 million, its initial token price was pegged at $5 when introduced into the market.

It has a maximum supply of 2 billion tokens with a market capitalization of $1.7 billion. In the fall of 2020, Filecoin organized Space Race to increase the network's data capacity by 400 pebibytes. 400 miners participated in the testnet phase and were awarded 3.5 million FIL tokens.

Filecoin is a deflationary asset with a certain amount of FIL burned with every transaction. The fees burned are sent to an irrevocable burn address to compensate for the network expenditure of resources. The idea is based on Ethereum's EIP1559.

About the founders

Juan Benet co-founded Filecoin in 2014 with the California-based company Protocol Labs, of which he is the CEO.

Benet is a Stanford University graduate with a master's degree in computer science. Before Filecoin, he was the co-founder and CTO of Loki Studios, a mobile gaming studio focused on developing location-aware games. He also founded Athena Academy, a non-profit private school in Palo Alto devoted to educating students with dyslexia.

According to official documents, Filecoin secured $205.8 million during one of the industry's largest funding rounds. The project even received backing from venture capitalists Sequoia and Andreessen Horowitz.

Filecoin highlights

First, the popular browser Brave added Filecoin to their wallet, exposing Filecoin to over 56 million Brave users. This integration helped in creating awareness among Brave users about Filecoin.

Second, instead of temporary file storage, Filecoin partnered with Lighthouse to offer their users permanent file storage within the Filecoin ecosystem, coming at a one-time cost. On Filecoin, files are removed if clients stop paying storage fees, so offering permanent file storage is essential for the most important files or irrefutable information, such as NFTs.

Next, the Filecoin Foundation recently donated $10 million worth of Filecoins (50,000 FIL tokens) to the Internet Archive after its founder joined the Filecoin Foundations board of advisors. The donation is aimed at broadening the Internet Archive's reach to help more people across the globe educate themselves.

Finally, Filecoin had a v16 network upgrade, codenamed Skyr, and switched to using the Wasm-based Filecoin Virtual Machine to operate its basic functionality. This upgrade is the first step toward enabling user programmability on Filecoin and is the network's most significant change since its launch almost two years ago.

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Market cap
$1.61B #31
Circulating supply
693.65M / 1.96B
All-time high
$237.81
24h volume
$181.06M
3.9 / 5
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