Haibao the Plushie

Haibao is the treasure of the sea.
He is the one that protects me.
From the evils that may wonder,
the killing Kraken, to the pirates that plunder.

Its small, aqua, spherical hands
always obey my hugging demands.
Large, white, oval eyes
always make me confess my lies.

As small as a toddlers palm,
yet enough to store all of my childhood memories.
A plushie to keep a child calm
and a toy that I’ll keep for centuries.

How can such a small toy
mean so much to a small boy?