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How to Buy Filecoin
Good news! You can buy Filecoin on Coinbase's centralized exchange. We've included detailed instructions to make it easier for you to buy Filecoin.
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About Filecoin
Filecoin (FIL) is a cryptocurrency that powers the Filecoin network, a decentralized peer-to-peer file storage network that aims to let anyone store, retrieve, and host digital information. FIL tokens are used as payment for these services and as an economic incentive to ensure files are stored reliably over time.
Buy FilecoinHappening now
AI generated 13h ago
Amid a sharp increase in trading activity, market attention is turning to whether Filecoin's ongoing development, such as its recent partnership with Akave, can help address its persistent underperformance against competitors.
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10/29/2025, 9:58:55 AM
Trading Insights
Buyer Ratio
70%0%
Traders
576
38.13%
Buyers
401
61.04%
Sellers
199
8.74%
Searched
749
Market Stats
Market Cap
$1.11B
FDV
$3.09B
Circ. Supply
701M FIL
Max Supply
Not enough data
Total Supply
2B FIL
Performance
Popularity
#68
Dominance
0.03%
Volume (24H)
$783.71M
500.73%
Volume (7D)
$1.54B
Volume (30D)
$23.82B
All time high
$237.73
Price Change (1Y)
-57.69%
Additional details
Market details
FIL vs markets
↘ 74.13%
FIL vs BTC
↘ 72.91%
FIL vs ETH
↘ 71.89%
Tags
mineable
ai-big-data
distributed-computing
filesharing
+8
Network & Addresses
Network | Address | |
|---|---|---|
Filecoin | NA |
Price history
Time | Price | Change |
|---|---|---|
Today | $1.58 | ↘ 3.34% |
1 Day | $1.64 | ↘ 3.43% |
1 Week | $1.52 | ↗ 3.85% |
1 Month | $2.18 | ↘ 27.69% |
1 Year | $3.73 | ↘ 57.69% |
Coinbase insights
Happening now
AI generated 13h ago
Amid a sharp increase in trading activity, market attention is turning to whether Filecoin's ongoing development, such as its recent partnership with Akave, can help address its persistent underperformance against competitors.
Filecoin lags behind competitors
The price of FIL declined by
↘4%
over the last 24 hours, continuing a longer-term trend. Over the past year, FIL's price has fallen
↘57%
, a sharp contrast to the average
↗71%
gain for similar cryptocurrencies in its category.
Trading activity surges despite price drop
Despite the negative price action, FIL's 24-hour trading volume surged by
↗258%
. This spike in activity occurred while trading volume across the broader market declined by
↘10%
.
Project development continues with new partnership
Filecoin highlighted ongoing ecosystem development by announcing a partnership with Akave
to launch a new S3 storage layer. This move is aimed at expanding the project's utility and integration capabilities.
Recent trends
The latest FIL price is $1.58. Compared to Filecoin's value of $1.64 from 24 hours ago, there's been a -3% decrease, while the current price is 4% up from $1.52 which was recorded one week ago. Filecoin's all time high is $237.73, which was reached on April 1, 2021. This is a -99% change from its price today.
The market cap is currently $1.11B, which is a result of multiplying the current price of Filecoin($1.58) by the total supply(1,958,856,422 FIL). The fully diluted valuation of Filecoin is $3.09B. The diluted valuation of Filecoin is $3.09B.
Filecoin had 401 buyers, 199 sellers and total 576 trades in the last 24h. Filecoin was searched 749 times in the last 24h.
FAQ
Filecoin (FIL) is a decentralized storage system that aims to store a variety of information. It is an open protocol supported by a blockchain that records commitments made by the network's participants, with transactions made using FIL, the blockchain's native currency. Filecoin is open-source and aims to be decentralized, with governance in the hands of the community. The platform provides an opportunity for developers to create cloud file storage services. FIL, Filecoin's native currency, powers the entire network and all processes. Clients exchange transactions in FIL tokens, and miners place FIL as collateral, guaranteeing their services. Filecoin seeks to address the challenge of inefficient file storage and retrieval by providing an efficient set of tools and its core development, IPFS.
Filecoin operates through a system involving three parties: clients, storage miners, and retrieval miners. Clients exchange for storing or retrieving data, placing an order on the online storage market where a deal is concluded with storage miners. Storage miners store the client’s data and are compensated. They place files in free sectors of a hard drive, all actions are recorded in the blockchain, and clients receive private keys. Retrieval miners extract data at a client's request. Clients place a trade on the off-chain Retrieval Market. Filecoin is based on IPFS where all data is stored on a peer-to-peer blockchain. Users choose miners to store personal data and exchange for placement in FIL tokens. Miners execute trades, receive participation fees and FIL compensation. The more storage miners offer, the higher the chances of getting compensated.
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Terms apply. Sum of median estimated savings and rewards earned, per user in 2021 across multiple Coinbase programs (excluding sweepstakes). This amount includes fee waivers from Coinbase One (excluding the subscription cost), rewards from Coinbase Card, and staking rewards.
Filecoin news
Trending articles
Social stats
Popularity in posts
#397
Contributors
297
Posts
297
% About Filecoin
0.068%
Articles
18
Hold times
0 days
X (Twitter)
59.6% bullish
Sentiment
4.5 ★
Highlights
297 unique individuals are talking about Filecoin and it is ranked #397 in most mentions and activity from collected posts. In the last 24 hours, across all social media platforms, Filecoin has an average sentiment score of 4.5 out of 5. Finally, Filecoin is becoming less newsworthy, with 18 news articles published about Filecoin.
On Twitter, people are mostly bullish about Filecoin. There were 64.02% of tweets with bullish sentiment compared to 7.42% of tweets with a bearish sentiment about Filecoin. 35.98% of tweets were neutral about Filecoin. These sentiments are based on 3777 tweets.
On Reddit, Filecoin was mentioned in 52 Reddit posts and there were 69 comments about Filecoin. On average, there were less upvotes compared to downvotes on Reddit posts and more upvotes compared to downvotes on Reddit comments.
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Legal
Information is provided for informational purposes only and is not investment advice. This is not a recommendation to buy or sell a particular digital asset or to employ a particular investment strategy. Coinbase makes no representation on the accuracy, suitability, or validity of any information provided or for a particular asset.
Certain content has been prepared by third parties not affiliated with Coinbase Inc. or any of its affiliates and Coinbase is not responsible for such content. Coinbase is not liable for any errors or delays in content, or for any actions taken in reliance on any content. Information is provided for informational purposes only and is not investment advice. This is not a recommendation to buy or sell a particular digital asset or to employ a particular investment strategy. Coinbase makes no representation on the accuracy, suitability, or validity of any information provided or for a particular asset. Prices shown are for illustrative purposes only. Actual cryptocurrency prices and associated stats may vary. Data presented may reflect assets traded on Coinbase’s exchange and select other cryptocurrency exchanges.