#walrus$WAL Walrus (WAL) is the native token of the Walrus Protocol, a privacy-focused DeFi platform built on the Sui blockchain. It enables secure, private transactions while supporting governance, staking, and decentralized applications (dApps). Beyond DeFi, Walrus offers decentralized data storage using erasure coding and blob storage, allowing large files to be distributed across a censorship-resistant network. This design makes storage more cost-efficient and reliable than traditional cloud solutions. Walrus aims to provide a scalable, privacy-preserving infrastructure for users, developers, and enterprises seeking decentralized alternatives for both finance and data storage.
