Futures
Access hundreds of perpetual contracts
TradFi
Gold
One platform for global traditional assets
Options
Hot
Trade European-style vanilla options
Unified Account
Maximize your capital efficiency
Demo Trading
Introduction to Futures Trading
Learn the basics of futures trading
Futures Events
Join events to earn rewards
Demo Trading
Use virtual funds to practice risk-free trading
Launch
CandyDrop
Collect candies to earn airdrops
Launchpool
Quick staking, earn potential new tokens
HODLer Airdrop
Hold GT and get massive airdrops for free
Launchpad
Be early to the next big token project
Alpha Points
Trade on-chain assets and earn airdrops
Futures Points
Earn futures points and claim airdrop rewards
Have you ever wondered why so many NFT projects, AI applications, and on-chain games are struggling with data storage? The simplest and most straightforward approach is to use centralized cloud services like AWS or Alibaba Cloud, but the problems that come with that are obvious—costs are exorbitant, security is hard to guarantee, and services can be ruthlessly shut down. In the Sui ecosystem, there is a project called Walrus that does exactly this: building a decentralized file storage system to completely change the game.
From a technical perspective, Walrus employs a scheme called erasure coding. Simply put, it breaks your files into small pieces and disperses them across multiple nodes in the network. Even if some nodes go offline or encounter issues, the system can fully recover your data. With just 4 to 5 times redundancy, it ensures foolproof data integrity. Compared to other decentralized storage projects, this scheme can reduce costs by over 80% while maintaining speed.
What’s even more interesting is that Walrus supports programmable storage. Data can directly interact with on-chain smart contracts—you can set who can access it, when to update versions, or even let data generate revenue through contract logic. This opens up a lot of possibilities for applications like NFTs, AI models, identity systems, and more.
Since its mainnet launch in March this year, Walrus’s growth has been visibly rapid. Major projects like Pudgy Penguins use it to store high-resolution NFT images, AI training teams manage massive datasets with it, and identity verification tools have also integrated it. It has already attracted deployment from over a hundred projects.
Behind this is the team at Mysten Labs, the founders of Sui, operating the project, with a top-tier investment lineup including firms like a16z. According to the roadmap, by 2026 they plan to support mainstream chains like Ethereum and Solana, and delve deeper into AI, aiming to make Walrus a true Web3 data infrastructure.
---
Reducing storage costs by 80%? Just listen, let's wait until it’s truly used on a large scale before commenting
---
There are many buzzwords around programmable storage, but the key is implementation capability. Mysten has the capital for that
---
Pudgy Penguin has been used, so it probably has some substance, but I still believe this can last for a few years
---
Does a16z-backed project necessarily succeed? Are there still lessons to be learned from history? Keep observing
---
Supporting Ethereum and Solana only in 2026? That pace is a bit slow
---
Massive data stored on-chain, what about gas fees? Why doesn’t the article mention this?
---
Erasure coding schemes are not new; the key is how well the network incentive mechanism is designed
---
Over a hundred projects deployed sounds like a lot, but what about activity levels? That’s the core metric
Walrus has indeed found a new approach on Sui, and the idea of programmable storage is quite imaginative.
Another alternative to centralized cloud services, but this time it seems a bit different.
Erasure coding is an old technology with a new application, but being able to run so fast still shows strength.
Pudgy Penguins are already using it, which proves the product is truly solid.
It feels like Mysten Labs is really aiming to make the Sui ecosystem into a true infrastructure layer.
The 2026 cross-chain roadmap is quite ambitious; whether it can be implemented is the real question.
Over a hundred projects connecting at this speed is impressive, but competition in storage will also become more intense.
With such a significant cost reduction, can security really be guaranteed? Or are there some concerns?