Walrus (WAL) is the native cryptocurrency powering the Walrus Protocol, a decentralized data storage and data availability network built on the Sui blockchain. The protocol is designed to securely store and manage large-scale data while maintaining on-chain verifiability, making it well suited for modern Web3 applications.
Walrus utilizes advanced erasure coding and blob-based storage to distribute large files—such as media assets, AI datasets, and application data—across a decentralized network of nodes. This approach significantly reduces storage costs while ensuring durability, fault tolerance, and censorship resistance.
The WAL token plays a central role in the ecosystem, enabling users to pay for storage services, participate in staking to support network reliability, and potentially engage in governance mechanisms. By combining decentralized infrastructure with Sui’s high-throughput architecture, Walrus offers a scalable and cost-efficient alternative to traditional cloud storage systems.
