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*Inflation figures shown here reflect circulating (market) inflation and may differ from a coin’s projected, policy (planned) inflation.

What is Filecoin?

Filecoin is a decentralized storage network that uses the IPFS protocol to store and retrieve data across a global network of miners. The FIL token powers storage deals and rewards storage providers, enabling a scalable, verifiable data marketplace with Proof-of-Replication and Proof-of-Spacetime. This design aims to deliver affordable, censorship-resistant storage with a transparent incentive model.

Why does Filecoin have inflation?

Filecoin has inflation because new FIL are minted as block rewards to incentivize storage providers and secure the network. The supply is capped, so inflation rates decline over time as the cap is approached.

How is Filecoin inflation calculated?

Filecoin inflation is calculated by comparing the circulating supply from one year ago to today’s supply. The percentage increase in supply over that period is the annual inflation rate. Learn more in our guide: What is cryptocurrency inflation?.

How is Filecoin emission calculated?

Filecoin emission refers to how new coins enter circulation, usually through mining or staking rewards. The emission rate depends on the project’s monetary policy and block reward schedule. Learn more in our guide: What is cryptocurrency emission?.

FAQ

We calculate our own inflation and emission data via our algorithms. You can learn more about how we derive our data in the learn page.

We encourage the usage of any data available on this website. You may use it for your personal or educational goals, but do not use it commercially unless you purchase the CryptoInflation API.

We strive to make the data as accurate as possible, but some blockchains have limitations on how precisely supply, inflation, and emission can be calculated. Moreover, the data on this website often has to be averaged and approximated, therefore the data can be a bit off sometimes.

Cryptocurrency emission and inflation aren’t inherently bad—they’re part of how many blockchains secure their networks and incentivize miners or validators. Moderate inflation can help distribute coins fairly and keep the network active, but excessive or poorly managed emission may dilute value and hurt long-term sustainability. You can learn more about how issuance affects price here.