Walrus (WAL) is a decentralized storage protocol on the Sui network, designed to handle large binary objects (blobs) like videos and AI datasets. Unlike traditional cloud storage, Walrus uses the Red Stuff algorithm to fragment data across nodes, ensuring high availability with low overhead.
In early 2026, the ecosystem has scaled significantly, notably with Team Liquid migrating 250TB of archives to the platform. The WAL token serves as the primary utility for storage payments, staking, and governance.