E

Evaa Protocol

EVAA

TON on-chain decentralized lending protocol

Performances

RD Popularity Index

7247.64% (24h)
0100200300400500
Project Rank: 59/12904

RD Growth Index

4554.66% (24h)
0400800120016002000
Project Rank: 6071/12904
Comparison:
1h24h7d30d60d90d
1.18%7.75%16.61%109.32%144.44%92.12%

Comparison

Fundraising

Tokenomics

Unlock Progress

Unlocked17M EVAA(35.7%)
Locked32M EVAA(64.29%)
Untracked50M EVAA(100%)

Data source: CoinMarketCap

EVAA is the token of a lending protocol on TON, with a fixed maximum supply of 50 million, used for governance voting and staking/locking to earn fee discounts and extra rewards. Part of protocol revenue is used for secondary-market buyback-and-burn to create deflation, with controlled release to ease selling pressure.

Top Holders

AddressTokenQuantityPercentageValue
0xf6d6...8b8bEVAA5,563,918.3711.13%$8.98M
0x46a9...7c3aEVAA5,000,00010%$8.07M
0x73d8...46dbEVAA3,097,697.816.2%$5M

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About Evaa Protocol

Evaa Protocol is a native lending protocol on TON built around isolated pools, separating Main, LP, ALTS and Stable assets so each pool carries its own collateral ratio, rate curve and liquidation parameters, with support for USDT, TON, stTON, tsTON, USDe and tsUSDe.

Rates are driven by utilisation: borrowing demand pushes the rate up along the curve and depositor yield follows, positions open on an over-collateralised basis, and liquidators take collateral at a discount once health drops under the threshold. The contracts can be forked, so third parties may replicate the logic for their own isolated pools with custom parameters, and the main entry is a Telegram mini app that lets users deposit and borrow without installing another application. Isolated pools share no liquidity, so bad debt in one asset class does not reach the others; each pool's rate curve is set in segments, and the rate jumps once utilisation passes the kink, discouraging over-borrowing and leaving a buffer for liquidation.

Updated: Oct 30, 2026

In 2023, Evaa Protocol launched a testnet on TON, followed by a closed beta of its mainnet.

In 2024, Evaa Protocol launched its public mainnet, introducing SDK, EVAA XP, Swap, and LP Pools.

On January 17, 2025, Evaa Protocol completed a $2.5 million private token sale with participation from Polymorphic, TON Ventures, Animoca Ventures, and CMT Digital.

On October 3, 2025, Evaa Protocol held the EVAA token TGE, listing on Binance Alpha, Binance Futures, MEXC, STON.fi, and Gate.io, available on both TON and BNB Chain.

On October 15, 2025, Evaa Protocol announced plans to introduce card payments and low-collateral lending.

On May 17, 2026, a third-party security audit reported that Evaa Protocol contracts had a liquidation-blocking vulnerability, a 30-second timelock, and single-admin control.

On October 5, 2026, Evaa Protocol's EVAA token went live for USDT spot trading on KuCoin, with BSC-BEP20 deposits supported.

Updated: Oct 30, 2026

Listing: On October 5 KuCoin listed the EVAA/USDT spot pair (BSC-BEP20 deposits opened first), after the token was already tradable on Binance Alpha and Binance Futures; the protocol has processed over $1.4B in cumulative volume with TVL around $14.69M.

Action and risk: EVAA surged 171% on July 8 with about $760M in Binance futures volume; $5.19M of its positions were liquidated in the July 12 deleveraging event; a May 17 third-party audit flagged a liquidation-blocking bug, a 30-second upgrade timelock, and 53.8% insider token ownership.

Updated: Oct 30, 2026

Alexander Sudeykin (Co-Founder)

Co-founder of Evaa Protocol. Previously co-founded TONFT and Robinfood, worked as a Software Engineer Intern at Wargaming. Studied Computer Science at Charles University. Active on Twitter as @sashachrome.

sepezho (Co-Founder & CTO)

Co-founder and CTO of Evaa Protocol. Full-stack developer focused on TON blockchain, previously worked at TON Foundation and contributed to multiple TON ecosystem projects. Maintains a GitHub with various TON-related tools. Twitter: @sepezho.

Vlad Kamyshov (CEO)

CEO of Evaa Protocol. Previously served as Core-contributor at Composability Labs and Puzzle (Waves blockchain), where he led development of lending protocols. Holds a Master's degree in Stochastic Modeling from Higher School of Economics. LinkedIn: vlad-kamyshov.

Updated: Sep 2, 2026