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View ChartThe real-time price of Filecoin today is C$1.36(FIL/CAD), with a market capitalization of C$999.19M CAD. The 24-hour trading volume is C$204.87M CAD. The price of FIL to CAD updates in real time. Over the past 24 hours, Filecoin has changed by +3.16%, with a circulating supply of 750.71M.
Buy FilecoinFilecoin is an open-source software that was created by Protocol Labs, the same firm that created technologies like IPFS and Libp2p aimed at replacing existing internet protocols.
For example, IPFS is a system that could replace the Web’s hypertext protocol, which specifies that web addresses must begin with the prefix http://.
Protocol Labs was founded by Juan Benet, who co-founded a game developer called Loki Studios while studying computer science at Stanford. The company was acquired by Yahoo in 2013. Benet then participated in the Y Combinator startup accelerator to start Protocol Labs.
Protocol Labs has received funding from notable investors like Digital Currency Group, Stanford University’s startup accelerator StartX, Coinbase co-founder Fred Erhsam and AngelList founder Naval Ravikant.
Filecoin’s initial coin offering, which ran from August to September 2017, further raised $257 million from a cast of noted venture capital firms like Sequoia Capital, Andreessen Horowitz and Union Square Ventures. The Filecoin offering was the largest of its kind at the time.
It is similar to Dropbox, but powered by blockchain technology. Users who want to store data on the Filecoin network must pay a miner to do so.
The price is determined by an open market, where miners compete with one another to offer the cheapest storage prices. Filecoin claims that this market will be ‘hypercompetitive’ and therefore cheaper than centralised data storage, such as Amazon Web Services.
In turn, miners have an incentive to provide storage because they stand to receive rewards from the network in the form of Filecoin tokens. The more storage they offer, the greater their chances of receiving a reward.
However, these rewards do not come without cost. Miners must perform several computationally intensive processes (called proofs) to demonstrate to the network that they are reliably storing the claimed data over a period of time.
If they can demonstrate this reliability and provide sufficient storage, they can create new blocks on the Filecoin blockchain and receive both the network reward and transaction fees.
In general, Filecoin miners are users who provide storage. This means that any user can connect a hard disk, run the Filecoin software and begin offering disk space in the Storage Market. These miners are known as storage miners.
However, there is another category of Filecoin miner: Retrieval Miners and Services.
Retrieval miners and services are paid by users to retrieve data and perform services that speed up transmission, such as caching or participating in a content delivery network as a node.
The easiest way to buy Filecoin is through a crypto exchange like BTCC. BTCC makes purchasing Filecoin easy and accessible whether you use fiat currency or crypto. Trusted by over 9.1 million investors across 100 countries, BTCC is dedicated to offering excellent crypto trading service for all trades. If you’re ready to dive in and make your first Filecoin purchase, register with BTCC today.
Filecoin's price is increasing due to demand outstripping supply, driven by widespread adoption, positive news, and investor optimism. For in-depth analysis, visit our BTCC Academy.
Filecoin(FIL) has historically grown over time but is volatile. Investment decision should be made based on risk tolerance and long-term strategy.
Predicting the exact timing of a Filecoin crash is impossible, as the market is affected by a complex mix of global economics, regulation, and investor sentiment.
For a long-term investor, understanding this cyclical nature is more valuable than trying to time the next crash. Also visit the BTCC Academy section for technical and marketing information.
The Filecoin All-Time Low (ATL) price was 0.6336136027631412, which was recorded on 2025-10-10 21:25. This stands as the lowest price for Filecoin(FIL) on record.
The Filecoin All-Time High (ATH) was C$324.41, which was recorded on 2021-04-01 13:25. This represents the highest price Filecoin has ever reached. Please note that this is a historical record, and the live price fluctuates constantly. We recommend monitoring the live FIL price for the most up-to-date information.
Filecoin(FIL) currently records a circulating supply of 750.71M, with its maximum supply capped at ∞.
The current market cap of Filecoin(FIL) is C$999.19M. A cryptocurrency's market cap refers to its total circulating supply multiplied by its current price.
Filecoin's 24h trading volume is C$204.87M, representing the total value of all Filecoin(FIL) bought and sold across exchanges over the past 24 hours.
The current Filecoin price is C$1.36. As the FIL price fluctuates constantly, BTCC offers real-time FIL to USD prices that can be accessed at the top of our crypto price page.
Filecoin can be purchased directly on BTCC using fiat currency or other cryptocurrencies. As a leading crypto futures exchange, BTCC offers over 350 futures contracts with flexible leverage of up to 500x, including FILUSDT.