Walrus (WAL) is a decentralized data storage and accessibility protocol that enables large-scale digital data to be stored securely, quickly, and cost-effectively without relying on traditional cloud service providers.

Designed especially for blockchain applications and massive datasets generated by artificial intelligence, the network operates on the Sui blockchain. Unlike traditional systems where data is stored on a single company’s servers, Walrus distributes data across a network of independent computers around the world, offering an alternative for NFTs, decentralized websites, and large media files. The platform’s native cryptocurrency is the WAL token.

How Does Walrus (WAL) Work?

Walrus works by optimizing how data is distributed across the network instead of simply replicating it. When a file is uploaded, an innovative encoding system called “Red Stuff” is activated, splitting the data into small fragments known as “slivers.” Rather than copying the entire file to every node, each node stores only a subset of these slivers. This significantly reduces storage costs while improving data transfer efficiency. Even if some nodes go offline, Walrus can reconstruct the original file using the remaining pieces through its self-healing mechanism.

In the management layer, the Sui blockchain plays a critical role. Large data files are physically stored across network nodes, while ownership information, metadata, and cryptographic proofs verifying secure storage are recorded transparently on the Sui blockchain.

Key Facts About Walrus (WAL)

• Walrus was announced by Mysten Labs in 2024. The WAL token was launched in March 2025.
• Walrus is a decentralized data protocol designed for large-scale digital data and AI datasets.
• The Walrus infrastructure operates on the Sui blockchain.
• WAL is the native cryptocurrency of the Walrus network.
• Users and decentralized applications (dApps) use WAL to pay for data storage services on the network.
• WAL holders can stake their tokens to trusted node operators to help secure the network and earn rewards.
• WAL serves as a governance token within the network’s DAO, allowing holders to participate in decisions related to protocol upgrades, storage pricing, and penalty parameters.
• The total supply of WAL is capped at 5 billion tokens.
• Node operators are rewarded in WAL for storing data honestly, while malicious behavior can result in slashing of their staked collateral.
• Explore Walrus’s official website here and discover more detailed information here.

How to Store Walrus (WAL)?

You can securely store and manage your WAL assets using browser-based, desktop, mobile, and hardware wallets that support the Sui blockchain.

How to Buy and Sell Walrus (WAL)?

You can buy and sell Walrus (WAL) with Tether (USDT) using the BtcTurk | Global website or mobile app. If you’re not yet a member, you can easily register on our website or app and buy Walrus (WAL) by depositing cryptocurrency.