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Ika

Ika (formerly dWallet Network) is a parallel MPC network, offering sub-second latency, scalability to 10,000 tps and hundreds of nodes, and zero-trust security. As the premier choice for interoperability, decentralized custody and chain abstraction, Ika is set to revolutionize digital asset security and multi-chain DeFi. Users can learn more here.
What is Ika?
Ika, formerly known as dWallet Network, is an infrastructure protocol designed to enable Sui smart contracts to control and coordinate assets across multiple blockchains. By leveraging its 2PC-MPC cryptographic scheme, Ika offers secure interactions across chains, allowing users to manage native assets like BTC and ETH without relying on wrapped tokens. This technology aims to transform cross-chain asset interoperability, addressing the limitations of conventional bridging protocols and wrapped assets.
How Does Ika Work?
Ika employs a unique 2PC-MPC solution: first, the user and the network each generate a share of the 'encrypted key share' (Two-Party Computation), and then hundreds to thousands of nodes execute the MPC signing process in parallel (Multi-Party Computation). With the help of Sui's Mysticeti consensus, the signing nodes can scale horizontally to thousands, achieving a throughput that is ten thousand times that of existing MPC networks; the signing delay remains stable at sub-second levels while maintaining a high degree of decentralization and resistance to censorship.
What Makes Ika Unique?
Ika's core technology includes dWallets, which act as 'universal keys' in the cross-chain world, allowing users to manage multi-chain assets through a single interface. The private key of each dWallet is split into multiple 'key shares,' stored across different nodes in the network, ensuring no single point of private key leakage. Additionally, Ika's 2PC-MPC protocol enables sub-second parallel signing, breaking the 'security-efficiency' paradox of traditional MPC networks.
Who Are the Founders of Ika?
Ika was founded by Omer Sadika, David Lachmish, Yehonatan Cohen Scaly, and Sheran Hussain, bringing together expertise in advanced cryptography, distributed systems, and blockchain technology.

Latest News

What Key Events Have There Been for Ika?
On April 28, 2025, Ika announced a strategic investment from the Sui Foundation, bringing the total financing scale of the project to over $21 million. Previously, Ika raised over 1.4 million SUI tokens by issuing the THE MF SQUID MARKET series NFTs on Sui, receiving support from institutions including DCG, Big Brain Holdings, Blockchange, Node Capital, Amplify Partners, Liquid2 Ventures, and FalconX.
Project Announcements
Ika announced its initial token economics on May 8, 2025. The native token IKA, with a total issuance of 10 billion tokens, serves as the core vehicle for the network's economic operation. Its main functions include payment for network service fees, security incentives through a Delegated Proof of Stake (DPoS) mechanism, and governance participation.

Upcoming Events

Latest Airdrop
Ika has confirmed a community airdrop as part of its Token Generation Event (TGE) scheduled for Q2 2025. The project has allocated 6% of the total token supply (600 million IKA tokens) for the initial airdrop. Participants can earn 'Ink Droplets' through various activities on the platform, which will later be converted to IKA tokens when the TGE occurs.
TGE Time
Q2 2025

Projects Announcements

Where to Buy Ika?
As of now, specific exchanges where IKA tokens can be traded have not been announced. It is recommended to follow Ika's official channels for updates on token listings.
Ika Price
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Ika Price Prediction
Currently, there are no available forecasts from reliable experts or publications regarding IKA's price prediction.

FAQ

What is the Purpose of Ika? jiantou jiantou

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Disclaimer and Risk Warning: Some content on this page may be assisted or generated by AI and is for general reference only. For the most accurate and updated information, please refer to the official website of the project. Bitget Wallet values every partnership. If you notice any issues or inaccuracies, feel free to reach out to us at [email protected] — we appreciate your feedback and will make improvements where needed.