Walrus
Walrus is a decentralized blob storage protocol built on the Sui blockchain that provides verifiable, programmable data infrastructure primarily for AI developers, DeFi protocols, and data markets, with native integrations for AI agent memory across Claude, ChatGPT, and Gemini platforms.
- Company typePrivate
- Founded2025
- HeadquartersSui, Pakistan
- Headcount11–50
- GTM typeB2B
- OfferingSoftware
Walrus firmographics
Firmographics- Name
- Walrus
- Legal name
- Walrus Foundation
- Website
- https://walrus.xyz
- Company type
- Private
- Founded year
- 2025
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Walrus is a decentralized blob storage protocol built on the Sui blockchain that provides verifiable, programmable data infrastructure primarily for AI developers, DeFi protocols, and data markets, with native integrations for AI agent memory across Claude, ChatGPT, and Gemini platforms.
- Ownership category
- akta.pro rank
Walrus industry classification
Industry- Product category
- Decentralized Storage Infrastructure
- NAICS
- Warehousing and Storage (493)
- SIC
- Public Warehousing & Storage (4220)
- akta.pro primary industry
- Permissioned Blockchain Platforms & Frameworks (Hyperledger, Corda, Quorum) (FSAPAIAA)
- akta.pro secondary industry
- Transfer Agent, Cap Table & Token Lifecycle Management (registrar, corporate actions, burns/mints) (FSAPAIAF)
Keywords
Where Walrus is headquartered
LocationHeadquarters
- HQ city
- Sui
- HQ country
- Pakistan
- HQ region
- Asia
Offices1 record
Markets served
Walrus business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Technology or R&D, Personnel, Infrastructure, Marketing or Sales, Operations
Revenue model
- Storage Fees: Users pay WAL tokens to store and access data on the Walrus network. Storage fees are distributed over time to nodes and stakers while keeping costs stable regardless of token price changes. Epoch duration is 2 weeks.
- Staking Rewards: Storage node operators and delegators earn rewards based on their stake proportion. Operators must maintain minimum WAL to remain active validators. Delegators receive percentage of storage fees based on their WAL contribution.
- Network Gas Fees: SUI-denominated gas fees associated with Walrus storage transactions. Clients submit transactions to Sui to acquire storage resources and register blobs.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Usage-based | Monthly | Decentralized Storage at $0.023/GB/month |
| Other | Pay-as-you-go | WAL Token Economics |
Go-to-market motion3 records
Distribution channels5 records
Marketing channels8 records
Walrus product offering
Product offeringCore offering
Walrus is a decentralized blob storage protocol built on the Sui blockchain that provides verifiable, programmable data infrastructure for developers in AI and onchain finance. It uses RedStuff 2D erasure coding to transform blobs into primary and secondary slivers for fault-tolerant, self-healing storage across independent node operators. Stored data is represented as tokenized onchain objects on Sui, enabling Move smart contract control over access, ownership, and programmability.
Product overview
Walrus is a Verifiable Data Platform providing decentralized blob storage built on the Sui blockchain. The core product portfolio includes the Walrus decentralized storage protocol, the WAL token for payments/staking/governance, and specialized modules. The product architecture comprises: core platform (Walrus storage with RedStuff encoding), token layer (WAL), AI memory capabilities (Walrus Memory, MemWal SDK), developer tools (TypeScript SDK with Upload Relay, Python SDK, Dartus, iWalrusSDK), data optimization (Quilt for small files), security/access control (Seal encryption), and analytics (Walrus Explorer). Walrus is part of the Sui Stack created by Mysten Labs, integrating with Sui smart contracts for programmability while remaining chain-agnostic for builders using Ethereum and Solana.
Differentiator
Problem solved
Functional benefit
Brands
- WAL Token: The native token for Walrus, used for paying fees, securing the network, and participating in governance. Max supply of 5,000,000,000 WAL.
- Walrus Memory
- Seal
- Quilt
- Upload Relay
Products and services
- Walrus Decentralized Storage Protocol Decentralized blob storage protocol built on the Sui blockchain that provides verifiable, programmable data infrastructure for developers in AI and onchain finance. Stores raw data and media files (videos, images, PDFs) as tokenized onchain objects with cryptographic proof of availability, smart contract programmability through Move, and 2/3 Byzantine fault tolerance across independent storage node operators.
- WAL Token Native utility token for the Walrus network used to pay storage fees, secure the network through staking by node operators and delegators, and participate in governance. Maximum supply of 5,000,000,000 WAL with initial circulating supply of 1,250,000,000 WAL. Token is deflationary by design, with WAL burned on each transaction. Available on 18+ exchanges worldwide.
- Walrus Memory Portable, verifiable memory layer for AI agents that enables context to carry across applications, sessions, and workflows without being tied to a single AI provider. Allows agents to maintain persistent, shareable, and cryptographically verifiable memory across Claude, ChatGPT, Gemini, and custom AI frameworks, solving the 'digital amnesia' problem of isolated AI memory environments.
- MemWal SDK Memory layer and SDK designed for AI agents providing verifiable, portable, and shareable memory across different AI platforms. Allows users to switch between AI models such as ChatGPT and Claude without losing context.
- Seal Decentralized encryption and secrets management system integrated with Walrus that provides onchain access policies and per-file encryption. Makes Walrus the first decentralized data platform with built-in access control, enabling developers to encrypt data and define exactly who can access it, enforced onchain.
- Quilt Batch storage solution for efficient small file storage that groups up to approximately 660 small files into a single unit, reducing storage overhead by approximately 106x for 100KB blobs and 420x for 10KB blobs. Preserves individual file access without unbundling.
- Walrus Explorer Web-based dashboard powered by Space and Time that gives developers and operators real-time visibility into Walrus network activity, reliability, and performance. Allows inspection of blob storage activity, network performance metrics, and protocol health.
Quantifiable outcome
- 450TB of data stored, surpassing Arweave's 385TB
- +4 more outcomes
Companies that use Walrus
Customer profileNamed customers10 records
Segments4 records
Ideal customer profiles5 records
Walrus technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- Yes
- API docs
- API detail
Core technology
AI maturity
App detail
Integration18 records
AI capability13 records
Feature8 records
Walrus partnerships and signals
Strategic signalPartnerships
30 partnerships are on record, tiered flagship and core.
- Team LiquidflagshipEsports organization migrated 250TB of match footage and brand content to Walrus - the largest single dataset entrusted to the protocol.
- AlliumcoreBlockchain data platform bringing 65TB of institutional-grade data from Bitcoin, Sui, Ethereum, Arbitrum, Tron, and XRP to Walrus. Allium is trusted by Visa, Stripe, and Coinbase.
- Mysten LabscoreCreated by Mysten Labs, the team behind Sui. Walrus is a core part of the Sui Stack. Mysten Labs operates Publisher and Upload Relay instances for the developer community.
- Claude (Anthropic)coreNative integration for Walrus Memory portable memory layer for AI agents.
- ChatGPT (OpenAI)coreNative integration for Walrus Memory portable memory layer for AI agents.
- Gemini (Google)coreNative integration for Walrus Memory portable memory layer for AI agents.
- OpenClawcoreNative integration for Walrus Memory at launch.
- NemoClawcoreEnterprise AI agent plugin for long-term memory on Walrus.
- MyriadflagshipPrediction market platform built by Decrypt/Rug Radio team using Walrus as data layer. Over $5M in onchain transactions processed.
- BluefinflagshipDeFi ecosystem processing $100B+ trading volume using Walrus for verifiable execution audit trail in Bluefin Pro.
- InflectivflagshipAI agent intelligence platform storing 4,152+ datasets on Walrus with 60% cost reduction vs AWS S3.
- BaselightflagshipPermissionless data platform turning Walrus data into structured, queryable, monetizable datasets with 120B rows indexed.
- AlkimiflagshipDecentralized ad exchange on Sui with 3.5B transactions processed, 25M daily impressions. Clients include Coca-Cola, Dell, Meta.
- Space and TimeflagshipLaunched Walrus Explorer dashboard providing real-time visibility into network activity and reliability using Proof of SQL technology.
- Nami CloudflagshipS3-compatible decentralized storage gateway providing frictionless path to build on Sui with Walrus, powered by Seal encryption.
- SealcoreDecentralized secrets management and encryption system integrated with Walrus for onchain access policies and privacy-preserving data.
- TatumflagshipBlockchain infrastructure provider integrating 11TB of historical blockchain datasets on Walrus for developers and AI agents.
- EverlynflagshipGenerative AI video platform using Walrus as data layer for fast content retrieval and storage of 5,000+ user-generated clips.
- Yotta LabscoreBuilding open execution infrastructure for AI with decentralized storage and workflow management on Walrus.
- Zark LabcorePartner establishing AI intelligence layer for content discovery, accessibility, and utility on Walrus.
- Humanity ProtocolcoreHuman ID partner with 10M+ credentials on Walrus tackling AI fraud and Sybil attacks.
- elizaOScoreDefault memory layer within elizaOS V2 for persistent, secure, verifiable AI agent data management.
- Collective MemorycoreBuilding decentralized social networks onchain with Walrus as data layer for millions of memories.
- Talus LabsflagshipBuilding onchain AI agents that can execute real-world tasks with Walrus memory integration.
- HaedalcoreLiquid staking solution offering haWAL token representing staked WAL with value accruing.
- Winter WalruscoreMulti-LST standard supporting wWAL and upWAL tokens for liquid staking flexibility.
- LangChaincorePlanned integration of MemWal SDK into LangChain AI framework.
- LlamaIndexcorePlanned integration of MemWal SDK into LlamaIndex AI framework.
- Conso LabsflagshipBlockchain-native organization using Walrus Memory at launch.
- OpenGradientflagshipBlockchain-native organization using Walrus Memory at launch.
Scale indicators9 records
Walrus competitors and assessment
Company assessmentDirect peers
- Arweave: Arweave is the most direct decentralized storage competitor, offering permanent data storage via a blockchain-based protocol. Walrus explicitly cites surpassing Arweave's 385TB of stored data as a key milestone, making them head-to-head competitors for the same Web3 builder market.
- Filecoin: Filecoin is the largest decentralized storage network by capacity and a direct competitor to Walrus. Both target developers needing verifiable, programmable data storage with token-based payment models, and both compete for institutional and AI workloads.
- IPFS (Protocol Labs): IPFS provides decentralized content-addressed storage and is a foundational protocol for Web3 data. While more of an open protocol than a paid service, IPFS competes with Walrus for the same developer mindshare around decentralized file storage and content addressing.
- Storj: Storj offers decentralized cloud object storage with S3-compatible APIs, competing directly with Walrus on price and reliability for enterprise and developer workloads. Both target the same wedge of replacing AWS S3 with decentralized infrastructure.
- Sia: Sia is a decentralized storage marketplace using blockchain-based contracts. It is a direct competitor in the trustless storage category, offering comparable functionality to Walrus for developers seeking censorship-resistant data persistence.
Emerging players
- Crust Network: Crust Network provides decentralized storage on Polkadot with IPFS integration. It competes for Web3 builders but with a different blockchain base, making it an emerging peer in the multi-chain decentralized storage landscape.
- Nami Cloud: Nami Cloud provides an S3-compatible gateway built on Walrus and Seal. While it is currently a partner rather than a competitor, it represents the cloud-interface layer adjacent to Walrus and could evolve into a competing user-facing abstraction.
- Akave Cloud: Akave Cloud is an emerging decentralized storage player positioning itself as an S3 alternative on-chain. It targets the same enterprise developer audience seeking verifiable, decentralized object storage.
Broad incumbents
- AWS S3: Amazon S3 is the dominant cloud object storage incumbent. Walrus positions itself against S3 on cost (60% reduction per Inflectiv case study) and verifiability, making S3 the primary competitive benchmark for any decentralized storage protocol.
Others
- Space and Time: Space and Time is a data warehouse partner that powers the Walrus Explorer dashboard. While not a direct competitor, Space and Time sits in the adjacent verifiable data infrastructure category and shares institutional blockchain data workloads with Walrus.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
Walrus social profiles
Digital presenceWalrus financial estimates
Financial estimateRevenue estimate
Valuation estimate
Walrus leadership team
Management profileNumber of profiles
Profiles1 record
Walrus funding detail
Funding detailFunding overview
Funding rounds1 record
Investors11 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Walrus M&A and investment
M&A and investmentM&A
Investments2 records
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Walrus
What does Walrus do?
Walrus is a decentralized blob storage protocol built on the Sui blockchain that provides verifiable, programmable data infrastructure for developers in AI and onchain finance. It uses RedStuff 2D erasure coding to transform blobs into primary and secondary slivers for fault-tolerant, self-healing storage across independent node operators. Stored data is represented as tokenized onchain objects on Sui, enabling Move smart contract control over access, ownership, and programmability.
Is Walrus a public or private company?
Walrus is a private company. It is classified as nonprofit foundation owned and is currently operating.
When was Walrus founded?
Walrus was founded in 2025. It employs 11 to 50 people.
Where is Walrus based?
Walrus is headquartered in Sui, Pakistan, in the Asia region.
How does Walrus make money?
Three revenue lines are on record. Storage Fees are the primary driver. The others are staking Rewards and network Gas Fees.
Who are Walrus's main competitors?
Direct peers on record are Arweave, Filecoin, IPFS (Protocol Labs), Storj and Sia. Emerging players are Crust Network, Nami Cloud and Akave Cloud. AWS S3 is listed as a broad incumbent. Space and Time is listed as an others.
Does Walrus have an API?
Yes. Walrus provides a public API accessible via HTTP for developers to store, retrieve, and manage blob data on the Walrus decentralized storage network. The API is documented at docs.wal.app and includes endpoints for blob operations. The Walrus TypeScript SDK enables direct user wallet interactions with the Walrus network for client applications, while the Publisher API offers a cloud infrastructure-based approach for wallet-less integrations. Upload Relay provides optimized data upload paths. The SDK can be used for both web/backend applications in TypeScript and client-side browser applications. WAL token payments are supported for storage fees. Developer documentation is at docs.wal.app.
What industry is Walrus in?
Walrus's product category is Decentralized Storage Infrastructure. Its primary akta.pro industry code is FSAPAIAA, Permissioned Blockchain Platforms & Frameworks (Hyperledger, Corda, Quorum), with a secondary code of FSAPAIAF, Transfer Agent, Cap Table & Token Lifecycle Management (registrar, corporate actions, burns/mints). Its NAICS code is 493 and its SIC code is 4220.