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YieldScope
FIL / altcoin

Filecoin

FIL

Filecoin — decentralized data storage

Best
1.0 %
C Bybit Earn · Medium risk
Rank
#84
Cap
$780M
Vol 24h
$62M
From ATH
-100%
1y
-64%
Price · 1 year
$1.03-64.2% · 1Y

ATH $236.84 on Apr 2021·upd. May 27

Rate range

1.0 %
low
1.0 %
avg
1.0 %
high

How much will you earn?

FIL
PlatformInterestTotal
Bybit Earn+0.100510.1005
OKX Earn+0.100510.1005
On Bybit Earn:+0.0003per day·+0.0083per month·+0.1005per year

Method: monthly compounding (1 + APR/12)ⁿ, where APR is the exchange's stated rate. The realised 12-month return is slightly higher due to reinvestment. Rates may change. Not financial advice.

Coin signals

  • 📉 Price -100% below ATH. Peak: Apr 2021
  • 📅 Down over the year (-64%)

All platforms for FIL

Platform Best Type Platf. risk
Bybit Earn 1.0 % flexible C Open
OKX Earn 1.0 % flexible B Open

What is FIL

Filecoin (FIL) is the largest decentralized storage network. Miners store client data and earn FIL via proof-of-storage. Competes with Arweave and Storj. FIL is used as collateral and as payment for storage.

Known risks

  • High inflation and aggressive token release schedule
  • Low real demand for paid storage
  • Drawdown of over 95% from ATH