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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.
Happening now
AI generated 14m ago
Following an exceptional weekly performance that led its sector, market attention is now on whether FIL's recent daily price and volume declines represent a short-term correction.
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11/11/2025, 2:29:16 PM
Trading Insights
Buyer Ratio
53%0%
Traders
1.8K
-22.35%
Buyers
941
-31.81%
Sellers
978
-18.57%
Searched
5.9K
Market Stats
Market Cap
$1.69B
FDV
$4.67B
Circ. Supply
711M FIL
Max Supply
Not enough data
Total Supply
2B FIL
Performance
Popularity
#51
Dominance
0.05%
Volume (24H)
$655.08M
-22.23%
Volume (7D)
$4.88B
Volume (30D)
$21.55B
All time high
$237.73
Price Change (1Y)
-45.48%
Additional details
Market details
FIL vs markets
↘ 58.44%
FIL vs BTC
↘ 54.17%
FIL vs ETH
↘ 48.47%
Tags
mineable
ai-big-data
distributed-computing
filesharing
+8
Network & Addresses
Network | Address | |
|---|---|---|
Filecoin | NA |
Price history
Time | Price | Change |
|---|---|---|
Today | $2.40 | ↘ 5.94% |
1 Day | $2.53 | ↘ 4.92% |
1 Week | $1.43 | ↗ 68.31% |
1 Month | $1.65 | ↗ 45.53% |
1 Year | $4.42 | ↘ 45.48% |
Coinbase insights
Happening now
AI generated 14m ago
Following an exceptional weekly performance that led its sector, market attention is now on whether FIL's recent daily price and volume declines represent a short-term correction.
FIL led the Layer 1 sector with major weekly gains
Filecoin (FIL) surged
↗64%
over the past week, ranking first among Layer 1 projects and outperforming both STRK's
↗57%
gain and the sector's
↗1%
average increase. The asset also posted strong monthly returns of
↗44%
, placing second in the category.
Project developments focus on its decentralized storage role
This market activity comes as FIL continues to be associated with the "storage infrastructure narrative." A past partnership with Akave
to launch a storage layer highlights this focus within its ecosystem.
A daily price drop followed the strong weekly performance
More recently, FIL's price declined
↘7%
over the last 24 hours, a period in which its daily trading volume also fell by
↘22%
. This daily performance was below the Layer 1 sector average, which saw a smaller decline of
↘2%
.
Recent trends
The latest FIL price is $2.40. Compared to Filecoin's value of $2.53 from 24 hours ago, there's been a -5% decrease, while the current price is 68% up from $1.43 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 $1.69B, which is a result of multiplying the current price of Filecoin($2.40) by the total supply(1,958,821,721 FIL). The fully diluted valuation of Filecoin is $4.67B. The diluted valuation of Filecoin is $4.67B.
Filecoin had 941 buyers, 978 sellers and total 1,789 trades in the last 24h. Filecoin was searched 5,924 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
#30
Contributors
1,345
Posts
1,345
% About Filecoin
0.474%
Articles
70
Hold times
0 days
X (Twitter)
34.77% bullish
Sentiment
4.4 ★
Highlights
1,345 unique individuals are talking about Filecoin and it is ranked #30 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 4.4 out of 5. Finally, Filecoin is becoming less newsworthy, with 70 news articles published about Filecoin.
On Twitter, people are mostly neutral about Filecoin. There were 38.78% of tweets with bullish sentiment compared to 11.53% of tweets with a bearish sentiment about Filecoin. 61.22% of tweets were neutral about Filecoin. These sentiments are based on 16967 tweets.
On Reddit, Filecoin was mentioned in 280 Reddit posts and there were 726 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.