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TURBOS, as the preferred DEX for the Sui Ecosystem's Ika TGE, initiates a multi-reward mechanism and early LP activity

By: theblockbeats.news|2025/07/29 10:40:31

BlockBeats News, July 29, according to official sources, the Sui ecosystem's secure multiparty computation (MPC) network Ika announced the official launch of the IKA TGE today, and simultaneously launched IKA-SUI on the TURBOS, a leading project in the Sui ecosystem. Both liquidity pools will simultaneously enjoy a dual reward mechanism: IKA token rewards, USDC rewards, with an initial Annual Percentage Yield (APY) of up to 5000%.

At the same time, TURBOS has launched the TURBOS x IKA LP Incentive Activity, where the first 100 users to provide at least $1000 of liquidity in this pool will have the opportunity to receive exclusive rewards, sharing a TURBOS token reward pool worth over $5000.

Ethereum Open Interest Reaches New High Since April 2023

AguilaTrades closed an ETH long position with a profit of $1.67 million, and opened a 40x leveraged long position on BTC.