It displaces a volume of water equal to the volume of the rock.
So, if the rock is small a very dense, a smaller amount.
If larger and less dense, a larger amount.
1 Cubic inches = 0.004329 Gallons [US]
Assume a square piece of rock 12" x 12" x 1" = 144 cubic inches * 0.004329 Gallons = 0.6 Gal
Given the branching, open nature of most of the coral rock, this can obviously only yield a very rough approximation.
Or something like that I think.