Have you heard of Walrus? In simple terms, it's a data vault that breaks your files into tiny pieces. Imagine your information being sliced into countless fragments, scattered across the Sui network, so even if some pieces are lost, it can still be fully reconstructed—this level of security is not ordinary.

The project itself is a privacy-focused DeFi platform on the Sui ecosystem. The total supply of the token WAL is 5 billion, with 60% allocated to the community, and 10% for airdrops. The distribution plan is quite community-friendly. Functionally, it supports private transactions, staking for governance participation, and uses erasure coding as its core technology to achieve low-cost, censorship-resistant storage—in other words, it's both cost-effective and hard to interfere with.

In terms of funding, they raised $140 million, indicating that serious institutions are optimistic about this direction. The underlying technical logic is quite clear: as data privacy becomes increasingly important, the demand for such storage solutions will grow. The blockchain ecosystem is continuously improving, and projects like this are finding their place.