What Filecoin coordinates
Filecoin (FIL) is an AI / DePIN infrastructure token, currently ranked 72nd by market capitalization among the assets we track. Rather than a payments coin, Filecoin is the settlement and incentive layer for a distributed infrastructure network. The token's job is to bootstrap supply of a useful resource and pay for its consumption.
Filecoin (FIL) is a decentralized storage network that enables users to rent out their unused hard drive space in exchange for Filecoin tokens. It incentivizes file storage and retrieval on the blockchain, ensuring data can be stored reliably and efficiently.
How the network bootstraps supply and demand
The durable version of Filecoin is one where actual usage — inference, storage, connectivity — generates revenue that exceeds the incentives paid out. Until then, much of the demand for the token is subsidy-driven.
FIL is not mined; it is issued as a token rather than secured by its own mining or staking layer.
Background & fundamentals
Filecoin operates under a centralized structure, which concentrates protocol decisions in an identifiable issuer or foundation. Its codebase is open-source, meaning the implementation can be audited rather than taken on trust. The project publishes a whitepaper documenting its original design, which is worth reading before sizing any position in FIL.
CoinPaprika classifies the project's development status as "On-going development". In sector terms it is most often filed under Platform, Smart Contracts, and Big Data & Data Storage.
Where Filecoin sits in the market
With FIL near $0.7213, Filecoin carries a market capitalization of $497.81M. Around $49.66M changes hands across exchanges in a typical 24-hour window. That is a turnover of about 9.98% of the float — elevated, often a sign of narrative-driven trading.
Almost the entire FIL supply is already in circulation (~100.0% of the 2B cap), so future dilution is effectively off the table. FIL remains -100% beneath its all-time high of $236.97, the kind of gap that historically takes a full cycle or a fresh catalyst to close.
What the price history shows
The tape currently reads 24-hour -0.75%, 7-day -4.77%, 30-day +3.47%, 1-year -63.88%. FIL is currently trading near the bottom of its 365-day range (around the 5th percentile of recent closes).
Volatility profile
Recent action puts Filecoin in the Low-volatility band — it has been relatively stable, with moves typical of large-cap, mature assets. Over the last 30 days the move totals +3.47%, a useful input for stop placement and position sizing.
How to evaluate an AI/DePIN token like Filecoin
The honest checklist for FIL is short:
- Real demand — paying usage of the network's resource, not just provider rewards funded by FIL emissions.
- Supply growth — how much real-world or compute capacity the network has actually brought online.
- Token economics — whether FIL demand can outgrow the incentives the protocol pays to bootstrap it.
This page pulls live market data, on-chain stats where available, exchange-by-exchange volume, and our forecast model into one view so you can work through those questions in a single place. None of it is investment advice — it is a structured starting point for your own research.
