Walrus ($WAL ) is the native token of the Walrus Protocol, a next-generation DeFi platform built on Sui that prioritizes user privacy, secure decentralized storage, and community #governance . It enables confidential transactions and data management while giving token holders voting rights and staking rewards. By utilizing technologies like erasure coding and decentralized blob storage, Walrus provides censorship-resistant, high-performance infrastructure for Web3, aiming to empower a more secure and autonomous digital future.