The Walrus Mainnet and $WAL token were launched yesterday, accompanied by a major airdrop offering various opportunities for using $WAL within the Sui DeFi ecosystem.
Walrus Mainnet and $WAL Token Launch
On March 27, 2025, the $WAL token launched at 10:00 UTC. Participants in the testnet received an airdrop, while others purchased tokens via listings on exchanges such as Gate.io, KuCoin, and Binance Futures.
How to Use Your $WAL Tokens
Users can engage in staking with $WAL. Options include native staking and higher APYs on lending platforms. Suilend offers 100% APY, and Steamm offers over 1000% APR in the $WAL-$USDC pool.
$WAL Token Current Price
According to CoinGecko, the $WAL token launched at 36 cents, peaked at $0.61, then retraced to $0.46 with a market cap of $598 million.
The launch of Walrus Mainnet and the $WAL token provides new usage opportunities within the Sui DeFi ecosystem, offering various tools for effective engagement.
