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Filecoin (FIL) price today

Filecoin is a decentralized data storage network: those with disk space rent out capacity and are paid in FIL, and those who need to store files pay in the same coin.

Written and reviewed by the Cripto View editorial team

Filecoin price now

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Price in Brazilian reais (BRL)
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Market data source: CoinGecko, with a reference USD/BRL rate. Values can lag by a few minutes.

What is Filecoin?

Filecoin was created by Juan Benet's Protocol Labs, the same organization behind the IPFS protocol. The project held one of the largest initial token sales of 2017 and launched its main network in October 2020.

The aim is to create an open storage market as an alternative to large cloud providers.

How Filecoin works

Storage providers strike deals with clients and must prove to the network, continuously and cryptographically, that they are storing the agreed data. To operate, they deposit FIL as collateral and lose part of it if they fail.

Block rewards are distributed according to proven capacity. Maximum supply is 2 billion FIL, and the network also runs smart contracts.

What FIL is used for

  • Paying for data storage and retrieval.
  • Collateral deposited by storage providers.
  • Transaction and smart contract fees.

Risks and points of attention

  • Paid demand for storage is smaller than the capacity available.
  • Operating as a provider requires a large investment in hardware and collateral.
  • Competition from traditional cloud services and other storage networks.
  • A sharp price decline since the 2021 peak.

Key facts

SymbolFIL
Asset typeCryptocurrency
Launch2020-10
Issuer or organizationNetwork created by Protocol Labs
NetworkOwn blockchain (Filecoin)
Consensus mechanismStorage proofs (replication and spacetime)
Maximum supply2 billion FIL

Reference data checked on October 3, 2026 against CoinGecko and the project's official pages.

Frequently asked questions about Filecoin

What is the difference between Filecoin and IPFS?

IPFS is a protocol for locating and distributing files by content. Filecoin adds a market and financial incentives so that someone guarantees storage of those files.

Does FIL have a maximum supply?

Yes, 2 billion units, issued gradually as the network grows.

Can anyone mine Filecoin?

In theory yes, but being a storage provider requires professional hardware, a stable connection and a FIL collateral deposit.

Where does the Filecoin price on this page come from?

The panel shows the FIL price in US dollars and Brazilian reais, with change, volume and market capitalization. Data comes from CoinGecko, uses a reference exchange rate and can lag by a few minutes.