Walrus (WAL) is a native cryptocurrency token used within the Walrus protocol, a decentralized finance (DeFi) platform focused on secure and private blockchain interactions. The protocol supports private transactions and provides tools to enable users to interact with decentralized applications (dApp), governance, and staking activities. The Walrus protocol is designed to facilitate the storage and transaction of decentralized and privacy-respecting data. It operates on the Sui blockchain and uses a combination of cancellation encoding and blob storage to distribute large files over a decentralized network. This infrastructure is intended to provide cost-effective and censorship-resistant storage suitable for applications, businesses, and individuals seeking decentralized alternatives to traditional cloud solutions.