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Filecoin logo Filecoin (FIL)

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An impartial, objective analysis of Filecoin's features to help you compare it with other coins.
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Filecoin is a blockchain-based peer-to-peer digital storage marketplace. You can rent out the unused hard disk space on the protocol created by Protocol Labs, INC. Protocol Labs, INC is founded in San Francisco by Stanford graduate Juan Bennet. Filecoin's protocol is a key improvement in decentralized internet by providing an option for cloud storage services in competition with big corporates.

With a total market cap of over $2.3 billion, Filecoin is the No. 29 cryptocurrency by market size. The currency symbol for Filecoin is FIL. There will only ever be 1.96 billion Filecoin tokens issued. So far 410 million tokens (20.9% of the total supply) have been issued.

Filecoin here refers to the mainnet token that went live approximately 15 October 2020 at 14:45 UTC.

We found savings accounts offering up to 3.5% APR on Filecoin deposits and loans as low as 11.7% APY against Filecoin used as collateral. Check out our Filecoin staking yields table and Filecoin loan rates table for further details.

Filecoin Price History

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7 Days


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1 Year
All Time Low
$2.64 USD
16 Dec 2022
104 days ago
All Time High
$237 USD
1 Apr 2021
1 year and 364 days ago

Will the Price of Filecoin Go Up or Down?

The technical price analysis for Filecoin below is undertaken automatically by Tradingview by looking at over 20 different technical chart indicators. You can see how many of these indicators were BUY, NEUTRAL or SELL at the bottom of the chart. The indicators will change depending on what time frame you are looking at. The analysis does not consider market sentiment or broader macro issues that may affect the price of Filecoin.

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Filecoin FAQs

AThe highest price that Filecoin ever reached was $236.84 USD. This all time high price occured on 1 Apr 2021.
AThe lowest price that Filecoin ever reached was $2.64 USD. This all time low price occured on 16 Dec 2022.
AYes Filecoin is mineable which means that new coins can be created by miners working on the network.
AYes, staking is available for Filecoin on a number of platforms. For a full list of Filecoin staking yields see our list of Filecoin staking yields.
AYou can earn up to 3.5% APR by staking your Filecoin tokens. Check out our Filecoin staking yields table for further details.
ARight now the best staking rates are on YouHodler with an income rate of up to 3.5% APR.
AYou can check the technical indicators for Filecoin on the Filecoin Price Trend tab. These indicators are based on the analysis of multiple trading signals for Filecoin.
AYou can find the cheapest exchange on which to buy Filecoin on the Filecoin Buy tab.
AYou can check which wallets support Filecoin on the Filecoin Wallets tab.
AAlmost all Filecoin loans require you to provide collateral of higher value than the value of the loan that you are tkaing it. The only exception to this is Filecoin flash loans which allow you to borrow uncollateralised Filecoin for a few seconds as part of a wider transaction. You will need advanced coding skills to take advantage of flahs loans. You can compare all Filecoin loans on the Filecoin Loans tab.
AThe following venture capital firms have invested in Filecoin: A16z, Blockchain Capital, BoostVC, DCG, Hashkey Capital, Pantera Capital, Polychain Capital and Winklevoss Capital.

Filecoin Comparisons

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