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Messari released the Filecoin Q1 2024 report, which showed significant growth in the first quarter of 2024. The storage market on the platform saw a 9% increase in active trading compared to the previous quarter, and the storage utilization rate increased from 18% in Q4 2023 to 23%. By the end of Q1 2024, there were already over 2000 users uploading datasets on Filecoin, with 508 users uploading large datasets exceeding 1000 TiB in size, demonstrating a 9% increase compared to the previous quarter.
Pyth and Uniswap V3 (Oku.trade) were launched this quarter, with GLIF deposits increasing by more than 2 times. FVM has deployed over 3400 independent contracts, a growth of 26% compared to the end of Q4 2023. Meanwhile, the Total Value Locked (TVL) on FVM has exceeded $600 million this quarter, almost doubling compared to the previous quarter. In addition, Filecoin is actively developing its DePIN partnership and focusing on improving enterprise adoption.
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