Key Metrics
Fees 30d$2,455
Fees 30d by chain
Sui$2,455
Fees 7d$650
Sui$650
Fees 24h$35
Sui$35
Cumulative Fees$544,504
Sui$544,504
Revenue 30d$2,455
Revenue 30d by chain
Sui$2,455
Revenue 7d$650
Sui$650
Revenue 24h$35
Sui$35
Cumulative Revenue$544,504
Sui$544,504
Incentives 1y$0
Incentives 30d$0
Incentives 7d$0
Incentives 24h$0
Cumulative Incentives$0
Earnings (Annualized)$111,004
Earnings 30d$2,455
Earnings 7d$650
Earnings 24h$35
Cumulative Earnings$544,504
Market Cap$62.57m
$WAL Price$0.023
Fully Diluted Valuation$117.13m
Outstanding FDV$82.38m
$WAL Volume 24h$4.1m
CEX Volume$3.07m
DEX Volume$1.7m(41.39% 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
Walrus Protocol history
Fees and revenue by UTC calendar month, Mar 2025 to Nov 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 | $3,214 | $3,214 |
| Nov 2026 (to date) | $1,108 | $1,108 |
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 $2,455 in fees. Of that, $2,455 was protocol revenue. Based on the trailing year, the annualized rate is $111,004 in fees and $111,004 in revenue.
What is the WAL token price and valuation?
WAL is currently trading at $0.023. Its circulating market capitalization is $62.18m, ranking it #478. Its fully diluted valuation is $116.41m. Supply currently stands at 2.671b circulating, 5b total supply, 5b maximum supply.
How has WAL performed recently?
WAL is down 17.9% over the past 7 days and down 53.5% over the past 30 days. Its all-time high is $0.76, reached on May 14, 2025. The token is currently 96.9% below that level.
How does Walrus Protocol's TVL compare to similar protocols?
Among Developer Tools protocols tracked by DefiLlama, Walrus Protocol ranks #29 by TVL. The category holds $0.00082 across 30 protocols, and Walrus Protocol accounts for 0% of that total. Similar protocols include Syscall-SDK, Intuition, 0xScans, Aave Labs, Aethir, AltLayer, Astar Fi, bitsCrunch, Blast API, and CatFee.