They have also developed the ability to survive in low oxygen environments, meaning they can shuffle through shallow water and even lift themselves out of the sea to move between pools at low tide.
But no need to worry about sharks stalking you on land - these weird predators are completely harmless to humans.
Four new species of sharks that walk on their fins have been discovered in waters between Australia and New Guinea.
Importantly, the new research suggests walking sharks speciated relatively recently, and that sharks in general are more predisposed to evolution than commonly believed.
"At less than a meter long on average, walking sharks present no threat to people but their ability to withstand low oxygen environments and walk on their fins gives them a remarkable edge over their prey of small crustaceans and mollusks", Christine Dudgeon, a faculty member at the University of Queensland, said in the report.
This brings the total number of known walking sharks species to nine but don't worry, they're not expected to walk out of the water anytime soon.
The "walking" sharks are found in the Australia-New Guinea region, including islands, reefs, and shoals separated from mainland areas by shallow seas.
"A global recognition of the need to protect walking sharks will help ensure they thrive providing benefits for marine ecosystems and to local communities through the sharks' value as tourism assets", said Erdmann.
Hemiscyllium halmahera, one of the walking sharks, chilling on a rock.
Six of the walking shark species in the world can be found in Indonesia.
"Speciation typically happens when individuals of a given species get separated from their main population - sometimes by walking or swimming or being carried away on a current to an isolated place". Dr. Dungeon underlined that many new species are still waiting to be discovered.
Hemiscyllum species like the epaulette shark aren't monsters with mouths full of knives.
The study was published in the CSIRO's Marine and Freshwater Research Journal.
The rich biodiversity can partially be explained by tectonic plate movement during the Miocene epoch (circa 23.03 to 5.3 million years ago), which is thought to have completed Australia and New Guinea's move north after its breakaway from the supercontinent Gondwana.
This article is based on texts provided by the University of Queensland and Conservation International.