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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 9h ago
FIL volume surged ↗115% since yesterday, outpacing the market's ↗13% increase, as its price rose ↗3% early Tuesday.
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7/29/2025, 4:44:23 PM
Trading Insights
Buyer Ratio
58%0%
Traders
482
-16.9%
Buyers
278
-9.74%
Sellers
214
-25.17%
Searched
522
Market Stats
Market Cap
$1.74B
FDV
$5.00B
Circ. Supply
683M FIL
Max Supply
Not enough data
Total Supply
2B FIL
Performance
Popularity
#57
Dominance
0.05%
Volume (24H)
$189.61M
-5.41%
Volume (7D)
$1.01B
Volume (30D)
$6.23B
All time high
$237.73
Price Change (1Y)
-41.34%
Additional details
Market details
FIL vs markets
↘ 63.44%
FIL vs BTC
↘ 66.87%
FIL vs ETH
↘ 48.53%
Tags
mineable
ai-big-data
distributed-computing
filesharing
+8
Network & Addresses
Network | Address | |
|---|---|---|
Filecoin | NA |
Price history
Time | Price | Change |
|---|---|---|
Today | $2.54 | ↘ 4.83% |
1 Day | $2.68 | ↘ 4.83% |
1 Week | $2.87 | ↘ 11.47% |
1 Month | $2.27 | ↗ 11.94% |
1 Year | $4.33 | ↘ 41.34% |
Coinbase insights
Happening now
AI generated 9h ago
FIL volume surged ↗115% since yesterday, outpacing the market's ↗13% increase, as its price rose ↗3% early Tuesday.
Market Position
•
Monthly gains of roughly 17%, slightly below Layer 1 category average of 21%
•
Weekly performance down ↘7%, yet outperforms INJ which gained about 3%
•
Ranks among most discounted Layer 1 assets, roughly 99% below all-time high
Past Stories
Recent trends
The latest FIL price is $2.54. Compared to Filecoin's value of $2.68 from 24 hours ago, there's been a -5% decrease, while the current price is -11% down from $2.87 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 $1.74B, which is a result of multiplying the current price of Filecoin($2.54) by the total supply(1,959,179,143 FIL). The fully diluted valuation of Filecoin is $5.00B. The diluted valuation of Filecoin is $5.00B.
Filecoin had 278 buyers, 214 sellers and total 482 trades in the last 24h. Filecoin was searched 522 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.
Filecoin can be used in a variety of ways. It can serve as a decentralized storage network for personal files, app data, company files, public datasets, private data, websites, videos, and dapp websites. It can also be used for data exchange, allowing users to sell data on the network, facilitating data exchanges and markets. Filecoin can also be used for storing data for distributed ledgers and applications, supply chains, and more. It can also serve as a system where Filecoin tokens can be exchanged for goods and services and transferred between users. Furthermore, it can be used for time-stamping, providing a service for storing large amounts of data for long periods of time.
Filecoin was founded by Juan Benet, who also created the Interplanetary File System. Benet is an American computer scientist who studied at Stanford University. After founding Protocol Labs in May 2014, he attended Y Combinator in the summer of 2014 with the intention of supporting both IPFS and Filecoin, as well as other projects. The project accumulated $205 million in an initial coin offering (ICO) in 2017. The project was first described back in 2014 as an incentive layer for the Interplanetary File System (IPFS), a peer-to-peer storage network.
We update our Filecoin to USD currency in real-time. Get the live price of Filecoin on Coinbase.
The current market cap of Filecoin is $1.74B. A high market cap implies that the asset is highly valued by the market.
The all-time high of Filecoin is $237.73. This all-time high is highest price paid for Filecoin since it was launched.
Over the last 24 hours, the trading volume of Filecoin is $189.61M.
Assets that have a similar market cap to Filecoin include Sky, Flare, Cosmos, and many others. To see a full list, see our comparable market cap assets.
The current circulating supply of Filecoin is 683 million.
Filecoin ranks 57 among tradable assets on Coinbase. Popularity is currently based on relative market cap.
Currently, 96% of Coinbase users are buying Filecoin. In other words, 96% of Coinbase customers have increased their net position in Filecoin over the past 24 hours through trading.
Yes, Filecoin is currently available on Coinbase’s centralized exchange. For more detailed instructions, check out our helpful how to buy Filecoin guide.
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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
#221
Contributors
1,640
Posts
2,788
% About Filecoin
0.124%
Articles
8
Hold times
0 days
X (Twitter)
70.78% bullish
Sentiment
4.5 ★
Highlights
1,640 unique individuals are talking about Filecoin and it is ranked #221 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 89 out of 5. Finally, Filecoin is becoming less newsworthy, with 8 news articles published about Filecoin.
On Twitter, people are mostly bullish about Filecoin. There were 72.25% of tweets with bullish sentiment compared to 2.07% of tweets with a bearish sentiment about Filecoin. 27.75% of tweets were neutral about Filecoin. These sentiments are based on 2551 tweets.
On Reddit, Filecoin was mentioned in 104 Reddit posts and there were 78 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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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.