Key Metrics
Fees 30d$3,772
Fees 30d by chain
Sui$3,772
Fees 7d$804
Sui$804
Fees 24h$82
Sui$82
Cumulative Fees$542,347
Sui$542,347
Revenue 30d$3,772
Revenue 30d by chain
Sui$3,772
Revenue 7d$804
Sui$804
Revenue 24h$82
Sui$82
Cumulative Revenue$542,347
Sui$542,347
Incentives 1y$0
Incentives 30d$0
Incentives 7d$0
Incentives 24h$0
Cumulative Incentives$0
Earnings (Annualized)$116,404
Earnings 30d$3,772
Earnings 7d$804
Earnings 24h$82
Cumulative Earnings$542,347
Market Cap$102.54m
$WAL Price$0.039
Fully Diluted Valuation$195.9m
Outstanding FDV$136.85m
$WAL Volume 24h$12.56m
CEX Volume$11.26m
DEX Volume$3.49m(27.81% of total)
Total Raised$140m
Mar 20, 2025$140mRound: Investors: Standard Crypto, a16z crypto, Franklin Templeton, Electric Capital
Protocol Information
Welcome to the next generation of data storage. Secure, efficient, and decentralized.
Methodology
Fees: Fees paid by users for data storage.View code on GitHubRevenue: Fees paid for data storage are locked and distributed over time to storage providersView code on GitHubIncentives: Tokens allocated to users through liquidity mining or incentive schemes, typically as part of governance or reward mechanisms.
Earnings: Revenue of the protocol minus the incentives distributed to users
Competitors
Walrus Protocol history
Fees and revenue by UTC calendar month, Mar 2025 to Oct 2026
| Month | Fees | Revenue |
|---|---|---|
| Mar 2025 | $10,367 | $10,367 |
| Apr 2025 | $129,467 | $129,467 |
| May 2025 | $184,974 | $184,974 |
| Jun 2025 | $65,924 | $65,924 |
| Jul 2025 | $6,803 | $6,803 |
| Aug 2025 | $11,259 | $11,259 |
| Sep 2025 | $11,963 | $11,963 |
| Oct 2025 | $9,054 | $9,054 |
| Nov 2025 | $6,834 | $6,834 |
| Dec 2025 | $2,530 | $2,530 |
| Jan 2026 | $19,410 | $19,410 |
| Feb 2026 | $24,006 | $24,006 |
| Mar 2026 | $23,297 | $23,297 |
| Apr 2026 | $8,638 | $8,638 |
| May 2026 | $2,185 | $2,185 |
| Jun 2026 | $2,960 | $2,960 |
| Jul 2026 | $8,634 | $8,634 |
| Aug 2026 | $8,850 | $8,850 |
| Sep 2026 | $3,027 | $3,027 |
| Oct 2026 (to date) | $2,165 | $2,165 |
The .csv export on the chart above downloads every daily value. The same data is in the public API: https://api.llama.fi/protocol/walrus-protocol
Frequently asked questions
What chains does Walrus Protocol operate on?
Walrus Protocol operates on Sui.
How much has Walrus Protocol generated in fees and revenue?
Over the past 30 days, Walrus Protocol generated $3,772 in fees. Of that, $3,772 was protocol revenue. Based on the trailing year, the annualized rate is $116,404 in fees and $116,404 in revenue.
What is the WAL token price and valuation?
WAL is currently trading at $0.039. Its circulating market capitalization is $102.54m, ranking it #392. Its fully diluted valuation is $195.9m. Supply currently stands at 2.617b circulating, 5b total supply, 5b maximum supply.
How has WAL performed recently?
WAL is up 2.9% over the past 7 days and up 25.1% over the past 30 days. Its all-time high is $0.76, reached on May 14, 2025. The token is currently 94.8% below that level.
How does Walrus Protocol's TVL compare to similar protocols?
Among Developer Tools protocols tracked by DefiLlama, Walrus Protocol ranks #16 by TVL. The category holds $0.0011 across 27 protocols, and Walrus Protocol accounts for 0% of that total. Other leading protocols include Syscall-SDK, Intuition, Blast API, Go Ethereum, Ethers, Revoke.cash, Uniswap Labs, 0xScans, bitsCrunch, and Zero1 Labs.

