Walrus

Walrus (WAL) ranks #197 by market capitalization, at $89.79M. It belongs to the DePIN sector (Data Availability). It has traded since Mar 27, 2025, with $5.00M of volume in the last 24 hours. Its all-time high of $0.757338 was reached on May 14, 2025; the current price is 96.2% below that peak. Its cycle low of $0.0201296 came on Aug 14, 2026.

53.4% of the maximum supply of 5.00B WAL is in circulation. 48.3% of the token allocation has been unlocked. The next scheduled unlock is on Nov 26, 2026. 11 investors are recorded as backers, including a16z crypto, Electric Capital, Franklin Templeton Investments.

Walrus is a decentralized storage and data availability protocol designed for large binary files, or "blobs". It utilizes erasure coding to maintain storage costs at approximately five times the size of the stored blobs, ensuring high availability and reliability even in the presence of Byzantine faults. Walrus integrates with the Sui blockchain for coordination, attesting availability, and payments, with storage space represented as a resource on Sui.