Filecoin
Filecoin is a decentralized storage network where users pay for data storage and retrieval using FIL tokens, creating an open market for cloud storage.
FIL Conversion Calculator
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About Filecoin
Filecoin (FIL) price today is $1.04 USD, down 1.62% in the last 24 hours, with a market cap of $870.54 million (as of Oct 19, 2026, 00:30 UTC).
Filecoin was launched in 2020 by Protocol Labs, founded by Juan Benet, as a decentralized alternative to centralized cloud storage providers like AWS and Google Cloud. Storage providers earn FIL by offering disk space, and clients pay FIL to store and retrieve data on the network.
Filecoin uses proof-of-replication and proof-of-spacetime to verify that storage providers are actually storing the data they claim to store. The network has grown to store exabytes of data and supports computation over stored data through its FVM (Filecoin Virtual Machine), enabling smart contracts that can interact with stored data. FIL is used for storage payments, mining collateral, and governance.
FIL Conversion Table
| FIL | USD | EUR | GBP | CAD | AUD |
|---|---|---|---|---|---|
| 0.1 FIL | $0.1042 | €0.09281 | £0.07815 | C$0.147 | A$0.15 |
| 1 FIL | $1.04 | €0.9281 | £0.7815 | C$1.47 | A$1.50 |
| 5 FIL | $5.21 | €4.64 | £3.91 | C$7.35 | A$7.50 |
| 10 FIL | $10.42 | €9.28 | £7.82 | C$14.70 | A$15.00 |
| 50 FIL | $52.10 | €46.41 | £39.08 | C$73.50 | A$75.00 |
| 100 FIL | $104.20 | €92.81 | £78.15 | C$147.00 | A$150.00 |
| 500 FIL | $521.00 | €464.07 | £390.76 | C$735.00 | A$750.00 |
| 1,000 FIL | $1,042.00 | €928.15 | £781.51 | C$1,470.00 | A$1,500.00 |
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Filecoin FAQ
What is Filecoin (FIL)?
Filecoin is a decentralized storage network where anyone can rent out spare disk space or pay to store data. It creates an open market for storage, providing an alternative to centralized cloud providers.
How does Filecoin verify storage?
Filecoin uses two cryptographic proofs: proof-of-replication (verifying data is stored correctly) and proof-of-spacetime (verifying data continues to be stored over time). These ensure storage providers are honestly storing client data.
How do I convert FIL to USD?
Use this calculator to convert FIL to USD, EUR, GBP, CAD, or AUD at live rates. Enter a FIL amount and select your target currency.
What is the Filecoin Virtual Machine?
The FVM brings programmability to Filecoin, allowing smart contracts to run computations over stored data. This enables use cases like data DAOs, compute-over-data, and decentralized finance backed by storage.
How does Filecoin mining work?
Storage providers (miners) earn FIL by offering storage space and proving they are storing data correctly. Providers must post collateral in FIL, which can be slashed if they fail to maintain storage proofs.
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