what's Ika?
Ika is a multichain infrastructure protocol designed to enable secure cross-chain asset transactions without the need for bridges or moving assets off their native blockchains. It leverages Multi-Party Computation (MPC) technology to coordinate interactions between different networks, reducing counterparty and permissioned risks associated with traditional bridging methods. Built initially on the Sui Network, Ika facilitates use cases such as inheritance of digital assets, where assets remain on their original chains while allowing controlled access and transactions through decentralized key management. The protocol supports generation 3 blockchain evolution by providing tools for developers to build applications that operate seamlessly across chains. Key features include non-custodial asset handling, where users retain control without centralized intermediaries, and integration with other infrastructure projects like Zeus for enhanced interoperability. Ika's architecture emphasizes security and efficiency, making it suitable for DeFi applications, asset management, and broader web3 ecosystems requiring reliable multi-chain functionality.
Ika, a Sui-native token, performed well in 2025.
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sui
Mentioned as one of the Sui-native tokens that have performed well in 2025.
Humn (humntech) is highlighted as an example of a disruptive product built using Ika and Sui Network.
A crypto influencer publicly excludes the project from their Sui Stack compilation and states they will ignore the team, citing concerns about the founder's behavior during the Cetus hacking incident and lack of observable real-world use cases.