What is EVAA Protocol (EVAA)?
EVAA Protocol is a decentralized money market that started in 2023 as a hackathon project and went live on TON mainnet in 2024, billing itself as the first lending protocol on that network. Its token was released at a TGE on 3 October 2025, launching simultaneously on TON and BNB Chain.
- Type
- Lending protocol token
- Launched
- 2025
- Consensus
- Runs on TON and BNB Chain
- Max supply
- 50 million EVAA
- Swap network
- BNB Chain
How EVAA Protocol works
Depositors supply assets such as TON, USDT and liquid staking tokens to pools, and borrowers take overcollateralized loans against them, with interest flowing back to suppliers. The EVAA token sits on top of this system, and protocol revenue is directed to a DAO treasury that can fund buybacks and burns.
What EVAA is used for
Holders use EVAA for reduced fees and boosted yields inside the protocol and for participation in treasury decisions. It is also traded on exchanges and bridged between TON and BNB Chain.
EVAA supply
The total supply is fixed at 50 million EVAA, distributed among airdrops and liquidity rewards, the DAO treasury, the team and investors under vesting schedules.
Before you swap EVAA
This listing delivers the BNB Chain (BEP-20) version, so you will need BNB for gas; the native TON version requires a separate bridge. EVAA is a mid-sized DeFi token, so expect meaningful price swings.