The total supply of Walrus (WAL) is fixed at 5 billion tokens. By June 15, 2026, the token allocation will be governed by a multi-year vesting schedule that began near the mainnet launch (March 2025).
Walrus (WAL) Token Allocation Breakdown
The WAL token distribution is divided into several key categories to support long-term ecosystem growth and security
Community Reserve (43%): The largest share, 2.15 billion WAL, is reserved for community grants, developer support, and incentive programs. It began a linear unlock at launch that continues until March 2033.
Early Contributors (20%): 1 billion WAL is allocated to core engineers and infrastructure supporters. These tokens typically follow a 4-year unlock with a 1-year cliff.
Subsidies (10%): 500 million WAL are used to lower storage costs for early users while ensuring node profitability. This allocation unlocks linearly over 50 months.
Mysten Labs (10%): 500 million WAL is allocated to the developer team. This portion includes 50 million WAL available at launch, with the remainder unlocking linearly until March 2030.
Walrus User Drop / Airdrop (10%): This segment is split into 4% for pre-mainnet participants and 6% for post-mainnet distributions.
Investors (7%): 350 million WAL are reserved for early backers. These tokens typically begin unlocking 12 months after the mainnet launch.
Projected Status on June 15, 2026
As of mid-2026, the circulating supply will be increasing through several active vesting streams
Circulating Supply: By January 15, 2026, the circulating supply already reached approximately 1.54 billion to 1.57 billion WAL. Regular linear unlocks from the Community Reserve, Subsidies, and Mysten Labs will continue to add to this total monthly through June 2026.
Investor Cliff: Investors are scheduled for a 12-month unlock following the mainnet launch in March 2025. Consequently, by June 15, 2026, investor tokens will have recently entered or be in the process of entering the circulating supply.
The information provided in this post Walrus tokenomics is for informational and educational purposes only. It does not constitute financial, investment, legal, or tax advice. The data presented is based on the current supply and allocation schedule as of January 15, 2026.